Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
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The markets for interest rates improved last week and today largely on scares in Europe, but also on the action and inaction of the US Super Committee. There are mixed reactions in the bond watchers to the Super-committee inaction; some attribute today’s drop in rates to a US-budget-caused safety...
It's Official: Congress Passes And Obama Signs into Law the FHA Loan Limit Hike What does this mean to Central Oregon? First, note that this bill is lifting the FHA loan limit. In fact, congress considered and specifically excluded increasing the Freddie Mac and Fannie Mae loan limits. This m...
The weeks and months and years of fretting over European debt came to a climax last week with replacement of both the Greek and Italian Prime Ministers. In both cases, they were replaced with technocrat, financial gurus rather than politicians. Berlusconi was finally ousted by a scandal, but a fi...
Europe teased us with an on-again, off-again solution to the Greek crisis with the PM announcing early in the week a rejection of the life raft floated to them. The rejection was in the form of a referendum to happen in 2012. This was followed by some back and forth political posturing in Greece,...