by Lisa Broadwater | Nov 28, 2017 | About Central Oregon, Central Oregon News, Financing, Uncategorized
In response to rising home prices across the nation, the Federal Housing Finance Agency has increased Fannie Mae and Freddie Mac’s conforming loan limits for the second year in a row. In most communities in the U.S., the new loan limit for one-unit properties...
by Lisa Broadwater | Sep 18, 2015 | Financing, Real Estate News, Uncategorized
On Oct. 3, a major change will take place in the home-buying process. That’s when the new federal lending regulation known as the “TILA-RESPA Integrated Disclosure” goes into effect. You’ll probably hear it referred to around here as simply “TRID.” And many in the...
by Lisa Broadwater | Jun 27, 2013 | Financing, Real Estate News, Uncategorized
If you’ve been actively looking to buy a home in the past few months, you probably noticed a significant change recently: Mortgage interest rates have gone up — way up. At the end of May, local lenders were quoting a rate of approximately 3.875 percent for...
by Lisa Broadwater | May 2, 2013 | Financing, For Buyers, Real Estate News, Uncategorized
A new loan program recently announced by Bank of the Cascades was developed to address the needs of Central Oregon residents who have lost their homes or filed for bankruptcy as a result of job loss, medical expenses or other related circumstances. The goal of the...
by Lisa Broadwater | Nov 20, 2012 | Financing, For Buyers, Homeowner Tips, Real Estate News, Uncategorized
We’ve been reading a lot about how low appraisals are slowing the housing market recovery — everyone from the Wall Street Journal and the LA Times to Smart Money magazine and the National Association of Realtors has addressed the issue. Well, I recently...
