Oregon Mortgage Blog

Historically low mortgage rates help home prices accelerate

Have a happy and safe 4th of July!  Our offices will be closed on Thursday but otherwise around to help your customers! Interest Rates US home loan rates continue to benefit from pessimism regarding US-China trade talks. US-China Trade This past weekend leaders from the “G20” met in Osaka, Japan.  Headed into the weekend some […]

Home Loan Rates Stable, Home Prices increase at a decreasing rate

On this day in 1789 a crowd of 10,000 gathered outside the Federal Hall in New York City to witness George Washington being sworn is as the first president of the United States. Washington’s salary as President was $25,000/ year which translates to $722,165 in 2019 dollars.  In comparison, President Trump’s annual salary is $400,000.  […]

US stock market rally pressures mortgage rates higher

Think owning Portland real estate is a great investment?  Try purchasing a professional sports franchise. The late Paul Allen purchased the Portland Trail Blazers in 1988 for $70 million.  According to recent reports the Trail Blazers franchise is currently worth $1.6 billion. Ignoring annual cash-flow the team has appreciated at a 10.6% annualized rate over […]