Mortgage Rates Drop Once Again - 08/27/10 12:18 AM
Mortgage rates have once again hit record lows in an effort to spur real estate sales nationwide. Poor reports on job creation and high unemployment figures are spurring the lowering of rates, meant to improve the housing sector of our economy.
The current average rate for a 30 year fixed rate mortgage is 4.44%, a year ago it was 5.29%. A 15 year fixed rate mortgage is averaging 3.92%, down from 4.68% a year ago. A five year adjustable rate mortgage is averaging 3.56%, down from 4.56% a year ago.
Low mortgage rates appear to be doing the job of increasing … (2 comments)

Coos Bay Real Estate: Lower Costs Make Reverse Mortgages A Possible Lifeline - 08/15/10 06:36 PM
Reverse mortgages are costing less these days, making them possible lifelines for those trying to find ways to stay in their Coos Bay homes. What is a reverse mortgage? A reverse mortgage is a loan, or line of credit, available to people aged 62 and older who either do not have an existing mortgage on their homes, or have a great deal of equity built up on their Coos Bay homes.
Reverse mortgages used to be criticized for their large, upfront fees. Recently, however, the fees for reverse mortgages have lowered, making the loan more appealing in the process. Borrowing money … (0 comments)

Coos Bay Real Estate Update: There are Many Bargains Out There - 08/06/10 12:31 AM
When it comes to Coos Bay real estate there are many bargains out there and if you are a home buyer this is your time to shine. The benefit of being a home buyer today is that you can afford to be picky, after-all you are in charge. You may be looking at five houses, which one is best for you? Which one has the best schools, the best amenities, the best features? Maybe two of them do, you can make offers with both and see which seller will give in more. Today’s Coos Bay home buyer has the position of … (0 comments)

 
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Jan Delimont, Principal Broker

Coos Bay, OR

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Prudential Seaboard Properties

Address: 556 N. Bayshore Drive, Coos Bay, OR, 97420

Office Phone: (541) 269-0355

Cell Phone: (541) 290-1850

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Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon

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