A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% - a better chance ... » Learn More about Homeownership Is Full of Financial Benefits
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There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t ... » Learn More about 4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was ... » Learn More about Is Homeownership Still Considered Part of the American Dream?
Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance ... » Learn More about There’s No Reason To Panic Over Today’s Lending Standards
Open concept floor plan with vaulted ceilings. Wonderful single level 3 bedroom/2 bathroom home with spacious open feel back yard with large patio. Center island in kitchen with wood top. Updates include all floor coverings, solid interior passage doors, light fixture/fans in secondary bedrooms, ... » Learn More about HOME FOR SALE– 583 McCall Way Philomath Oregon
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief ... » Learn More about How a Change in Mortgage Rate Impacts Your Homebuying Budget
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how ... » Learn More about Why You Should Think About Listing Prices Like an Auction’s Reserve Price
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough ... » Learn More about What Credit Score Do You Need for a Mortgage?
HOME FOR SALE-- 2130 NW 17TH STREET, CORVALLIS OREGON- $435,000 Move in ready. Delightfully updated and well maintained, single level floorplan. Extensive use of wood flooring and wood ceiling create a warm and inviting atmosphere. Split floor plan recently renovated to create amaster suite ... » Learn More about HOME FOR SALE– 2130 NW 17TH STREET, CORVALLIS OREGON
Spring is here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will ... » Learn More about Will the Housing Market Bloom This Spring?