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interest rate: 2.0% Rates? in Dec 30, 2008 Real Estate Report Portland Oregon & Vancouver Washington-Economic commentary, Mortgage Rates and News - 12/30/08 06:25 PM
December 30, 2008
Happy New Year - Have a Safe Time Ringing In 2009
by Ed Bisquera
For those worried about the economy and their investments, it may not seem like a very happy New Year. However, it is times like these that we should stop and reflect upon our long-term blessings. Worried about home prices going down? Yes, median prices were down to around 180,000 last month. This drop was over 13.0% in one year and represented the largest one-year plunge since the depression. Would you like some perspective? Median home prices were approximately $80,000 in 1990. In other words, … (0 comments)
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interest rate: 4.875% today! (5.045% APR) Amazing rates still continue to help homeowners during holidays - 12/10/08 03:09 PM
Rates for refinancing and purchase mark this a perfect storm to take action
(Portland, OR & Vancouver, WA)
Another record week, with rates for FHA, VA & 30/20/15 YR Conventional sitting in the low 5's. At one search today for a client, at 4.75% (4.9% APR) for 15 YR Fixed!
For FHA, VA, Conventional and even Investment properties, it's a beautiful time to look at getting a loan scenario quote and a full report on savings, by getting a mortgage savings report, including time to recoup closing costs of refinancing loan and comparison to what you have now.
FHA, Interest … (2 comments)
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interest rate: Dec 9, 2008 Real Estate Report Newsletter for Portland Oregon & Vancouver Washington Economic commentary, Mortgage Rates and News - 12/09/08 09:02 AM
December 9, 2008
Extraordinary Numbers
The numbers coming out of the markets are absolutely extraordinary. How about gas at $1.70 per gallon just a few months after it was over $4.00 per gallon? How about the loss of over a half a million jobs in one month? In addition, the government looks to be spending about $1 trillion dollars to save the economy from recession. That may include a target rate 4.5% for some purchase loans. The numbers are virtually mind-numbing. These numbers also let us know that it does not make sense to predict what will happen in the future. … (0 comments)
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Ed Bisquera
Vancouver,
WA
More about me…
Ed Bisquera | 360-597-8283 | Bond Social Media
Address: 1001 Main St Suite A, Vancouver, WA, 98660
Cell Phone: (360) 597-8283
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