Oregon Mortgage Blog

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 […]

Should I buy or rent?

Tired of paying rent and wondering if homeownership is right for you?  There is no doubt that owning your home can significantly improve your financial standing in the long-term. In fact, a recent survey showed that homeownership was a greater predictor of net worth than age or education (see HERE). In this video I talk […]