June 24, 2020

With the COVID-19 emergency, home sales were not expected to flourish.

That was not the case in April as new home sales rose by 0.6 percent, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

March sales revisions were a factor,...

March 24, 2020

What if I can't pay my mortgage or home equity line? 

If you're under financial stress, contact your mortgage lender to see if you can qualify to make reduced payments or be granted a complete pause in payments. 

Mortgage giants Fannie Mae and Freddie Mac are provid...

February 1, 2020

Spurred by ongoing reductions to mortgage rates, the refinancing world is spinning a little faster these days.

According to the Mortgage Banker Association, the volume of loan refinancing rose by 8% at the end of January, and 146% year over year. 

The latest numbers are...

April 11, 2019

Homebuyers got a big boost to their purchasing power this week thanks to falling mortgage rates.

The average rate on the 30-year fixed-rate mortgage fell to 4.06 percent with an average 0.5 point for the week ending Thursday, down from last week when it averaged 4.28 pe...

February 14, 2019

In this day and age, technology has made it easier than ever to get an offer in front of a buyer. While that’s mostly great news for all parties, it does mean that there is increased competition and so it’s more important than ever to make your offer stand out from the...

January 2, 2019

Many homeowners in Portland are forced to consider selling their homes due to annually rising property taxes. While so many have felt the hurt on their pocketbooks, potentially even forcing them out of their homes, Portland still has a lower rate of property taxes than...

October 26, 2017

When the leaves turn colors and the mornings glitter with frost, a cabin in the woods can be a fairy-tale retreat — a place to curl up with a good book or quickly access hiking or skiing hot spots.

While there are plenty of cabins you can rent for a weekend, owning one...

August 11, 2017

First things first: Chill out. Mortgage rates have been higher – much higher.

Yes, mortgage rates climbed at the end of 2016 to their highest level since 2014. But don’t slam the door on buying a house just yet. Experts say there’s no reason to panic.

Estimates for...

July 4, 2017

When you're ready to move past settling down to finally getting away.

A lot to appreciate

Everyone's idea of the perfect vacation home is different. Whatever yours may be, it helps to research the growth opportunities in the area before buying a second home. Property val...

June 16, 2017

For most of us, our housing costs are the biggest monthly expenditure we face.

However, there are plenty of very simple measures we can all take which will reduce the actual cost of our mortgage.

1) Shop around

First off, it’s important to emphasize the importance of shop...

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Our Recent Posts

New Home Sales Exceed Expectations Despite COVID-19

June 24, 2020

COVID-19 & Mortgage Relief Efforts

March 24, 2020

Refinancing applications surge as rates continue to fall

February 1, 2020

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Paul Marrs

Premier Mortgage Resources NMLS 1169
1325 NW Flanders Street
Portland, OR 97209

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