Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial benefits that come with rising home equity. At the same ... » Learn More about Why It Just Became Much Easier To Buy a Home
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Great News for Corvallis and Albany, Oregon Home Buyers
Great News! Home Ownership in Corvallis and Albany just got more affordable. FHA announced this morning in mortgagee letter 2017-01 that they are dropping the monthly mortgage insurance premium. The annualized rate was .85% and it will now be .60%, a reduction of .25%. On a 250,000 FHA loan, that ... » Learn More about Great News for Corvallis and Albany, Oregon Home Buyers