mortgage information: Fannie Mae reverses the declining market policy - 05/16/08 04:58 PM
Back in December, Fannie Mae came up with their ingenious "declining market" policy.  We out in Salem, Oregon weren't impacted by this since we weren't considered to be declining, but many areas were.
The policy required an additional down payment if the house was in a designated declining market.  So if … (7 comments)

mortgage information: The Home Owners Loan Corporation- A return to the past? - 03/16/08 12:48 PM
I've been really busy the past couple of months, and haven't done quite as much reading as I have needed to  in order to stay up on all of the ideas floating around about the housing market.  I was reading my Business Week magazine yesterday, and they were talking about the resurrection … (1 comments)

mortgage information: FHA Loan Limits for Salem Oregon - 03/07/08 03:07 PM
FHA has been revising its loan limits across the country, which is good news for many potential home buyers.  The loan limits are different for each county in the United States depending on real estate costs.
 For the Salem Metro area, which includes Marion and Polk counties, the new revised limit is … (0 comments)

 
Real Estate Agent: Melina Tomson, M.S. Salem Oregon Real Estate Specialist (Tomson Burnham, llc)
Melina Tomson, M.S. Salem Oregon Real Estate Specialist
Salem, OR
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Tomson Burnham, llc

Office Phone: (503) 371-6515
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