Archive for March 31, 2017
Phil and Bob Raise the Roof Podcast Episode 2: What Makes a Mortgage Rate
We've launched a podcast! We'll be checking in weekly to let you know what's going on in the Portland Real Estate market. In this week's episode, Phil and Bob talk about which market trends do and don't affect mortgage rates, including the Fede...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 ...
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...