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Archive for March 31, 2017

What Drives Fixed Mortgage Rates?

The Federal Funds Rate & Fixed Mortgage Rates The Federal Funds Rate sets the interest rate banks charge each other on overnight loans made to meet reserve requirements. The Federal Funds Rate also determines the Prime Rate, upon which many ...

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Financing ADU construction while buying your home

The Portland rental market is booming. Portland publications raised alarms when the average Portland rental cost hit $1400 last summer. These days, average monthly rent for a 1 bedroom in the city exceeds $1500. Even as new apartment comple...

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Avoid These Two Big Mortgage Mistakes

We all know that searching for and viewing potential homes is the fun part of the home-buying process. The not-so-fun part? The mortgage. But if you don't pay attention to the details, your mortgage can end up dragging down the enjoyment...

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