Tag Archives: portland mortgage rates

Portland home values rose 4.8 percent in past year!

Posted on October 24, 2012 by ericnewman

Wow is all I can say … average selling prices for home in the Portland area have blown away projections, and the same holds true nationally. What’s the reason for this, and will it continue? These questions are answered in … Continue reading →

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How to know WHEN to lock your mortgage rate

Posted on October 8, 2012 by ericnewman

503.698.5801 – I get calls on a daily basis from clients asking if they should lock their rate today, or wait. There are some basic facts you should know about when deciding WHEN to lock your next purchase or refinance … Continue reading →

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Mortgage loan changes YOU need to know about

Posted on October 1, 2012 by ericnewman

You want to refinance or purchase a new home, but have found a much different process than a few years ago. What has changed, and why? In today’s video, I will give you some tips to make your next home … Continue reading →

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Portland real estate UPDATE – Higher appraisals and Lower rates

Posted on September 21, 2012 by ericnewman

Temperatures may be cooling off, but the local housing market is heating up! We have just hit NEW RECORD lows for mortgage rates, and many of our appraisals are coming in HIGHER than expected. This is a video update you … Continue reading →

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Don’t drink the Fed Reserve Kool-aid about mortgage rates

Posted on September 17, 2012 by ericnewman

The Federal Reserve action to buy more Mortgage-Backed-Securities has many thinking that mortgage rates are going to drop a lot lower. WRONG! Watch today’s video as I explain why home loan rates will stay about the same and then rise. … Continue reading →

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The mortgage market is on crack yet again

Posted on September 14, 2012 by ericnewman

Thanks to the Federal Reserve Board, the “low rate party” will continue for a bit longer. But don’t expect to see a further drop in mortgage rates. Watch today’s video as I share what happened, and what you can expect … Continue reading →

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When the Lowest Mortgage Rate may not be the best deal

Posted on September 13, 2012 by ericnewman

It’s really easy to get sucked in by ads that show ridiculously low mortgage rates.  But, if you look at the cost, those rates may not be the best deal.  Watch today’s video as I compare and show you what … Continue reading →

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Cost of a Home Loan just went up – How it affects you

Posted on September 12, 2012 by ericnewman

Effective immediately, Fannie-Mae and Freddie-Mac just raised their fees to banks, which has caused an increase in home loan cost. Watch for details on how this will impact your next mortgage loan!    www.CallNewman.com

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Lawmakers won’t defend Mortgage-Interest Deduction

Posted on September 6, 2012 by ericnewman

The Republican National Committee voted to not defend the mortgage-interest deduction, in hopes of leaving the door open wider for a broader reform of the IRS tax code. Democrats also discussed the same thing a few months ago. So will … Continue reading →

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Does refinancing make sense? Look at this real-life example

Posted on September 6, 2012 by ericnewman

Most homeowners know that mortgage rates have fallen again to record lows. But if you refinanced recently, should you do it again? Watch this video as I show you a real-life example of how to determine the benefit.

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