RMLS released a report on Friday that showed over 7% gain on sold home prices from May 2011 to May 2012 … proving the Portland real estate market is heating up! Also, there are more FHA loan changes coming this week – watch for details.
BIG NEWS coming out of Greece this weekend, as its citizens vote on whether to exit the European Union. The outcome could have a major impact on U.S. borrowing rates for mortgages and other credit. Watch this video for details!
Unemployment numbers and issues in Europe this week have just caused U.S. mortgage rates to drop again to the lowest level in history. Even if you bought a home or refinanced in past two years, this is a big enough drop to warrant doing it again!