Mortgage Rates Affect You

Mortgage Rates Affect you as the buyer and borrower of any house.  Right now mortgage rates are low for  the well qualified borrower. The rates continue to be low. Let’s take a look at mortgage rates of the past. Historical Mortgage Rates Over the past 48 years, interest rates on the 30-year fixed-rate mortgage have … Continued

Oregon Foreclosure Laws

Oregon Foreclosure Laws There are two types of foreclosures all over the United States, and the type of foreclosure usually depends on the document that was filed at the courthouse to record the loan/lien. Some states have just one type of foreclosure, while other states have two types of foreclosures. Oregon falls into the second … Continued

Foreclosure Starts Are on the Rise

Foreclosure starts rose 12 percent from February to a total of 52,100 in March as later-stage hurricane-related delinquencies began to roll over into active foreclosure starts. This, according to the First Look report on Mortgage performance released by Black Knight on Thursday. The report noted that over two-thirds of these foreclosure starts were in hurricane-impacted areas of … Continued

Oregon’s Home Rescue Program

Are you behind on your mortgage payments? Facing foreclosure?  The Oregon Homeownership Stabilization Initiative (OHSI) has a program that could help you stay in your home.  The Home Rescue Program is intended to help homeowners who are struggling to keep up with their mortgage payments, or who have already fallen behind.  The program can provide … Continued