Mortgage Market

Why YOU Are Paying MORE For Your Mortgage Right NOW!

Posted by on January 12, 2012 at 6:14 am

You Are Paying More For Your Mortgage Starting Now… Watch the video below from Brian and Frank. Feel free to share your thoughts in the comments below. Would love to know your opinion. Thanks!

Why Buy High And Sell Low? Avoid Rent Increases

Posted by on December 15, 2011 at 5:25 am

I think you’d probably agree that the worst investing advice in the world is: Buy high, sell low. That’s the very definition of losing money on an investment, right? So let me ask you: Why would you wait for the housing market to improve before buying a house? I understand there’s a lot of uncertainty [...]

Is Your Home-Renovation Project Really Worth Doing?

Posted by on June 2, 2011 at 10:31 am

(ARA) – Maybe you’ve watched one too many home improvement shows. Perhaps you’re still stinging from that holiday guest’s comment about how your kitchen countertop has seen better days. Or maybe you’re just really tired of the same old, same old every day. Whatever the reason the remodeling itch has settled into your brain, before [...]

Now is literally the best time in recorded history to buy a house in America…

Posted by on June 1, 2011 at 12:33 pm

Ran across this great article the explains why exactly NOW is literally the best time to buy in recorded history. Get in touch with me for questions about getting preapproved to buy your home. Excerpts from the article: By Dr. Steve Sjuggerud Wednesday, June 1, 2011 Now is literally the best time in recorded history [...]

For Immediate Release: Michael J. Eiden has Joined Pacific Residential Mortgage

Posted by on May 20, 2011 at 10:05 am

NEWS RELEASE  For Press Inquiries: Justine Saudan, Media Relations 4949 Meadows Road Suite 150 Lake Oswego, OR 97035 PACIFIC RESIDENTIAL MORTGAGE FOR IMMEDIATE RELEASE  PACIFIC RESIDENTIAL MORTGAGE, is pleased to announce that Michael Eiden Sr. Mortgage Banker MLO-165229, has joined our Lake Oswego Branch. Michael’s passion lies in serving the needs of others and contributing [...]

How Long Are You Going To Put Off Locking Your Mortgage Loan?

Posted by on December 15, 2010 at 12:55 pm

  After a huge and swift sell off in the mortgage bond market (click image to enlarge) since November 5th, 2010 that has led to an increases in interest rates, many in the mortgage business and real estate world are left scratching their heads (including myself). Both treasury and mortgage markets are overdue for some retracement (improvement in rates) as [...]

When Is The Best Time To Sell Your House?

Posted by on November 18, 2010 at 11:43 am

Everything has a season (I love Summer!) – including selling your house. Listing at the right moment could mean more money in your pocket. Traditionally, spring is the hottest season for real estate. Sales peak in April and May and stay strong in June and July. It’s a good season for families to move, between school terms [...]

A Very Different Perspective on the US Economy From the Folks Down Under

Posted by on November 8, 2010 at 1:12 pm

A different perspective on the US economy from Tony Alexander, Chief Economist at the Bank of New Zealand (not a central bank- written on 11/2/10). “This week there is a good chance that the Federal Reserve in the United States will announce that it is going to print some more money. The reason will be [...]

Who Released the Cracken on Mortgage Backed Securities Today?

Posted by on April 2, 2010 at 8:29 am

Zeus Has Unleashed the Cracken on MBS I know, cheesy headline but c’mon. Look at the chart above. See that last big Red Bar on the right? That represents the price drop in the 4.5 FNMA Mortgage Coupon. Too technical? Just know that if a price of a bond goes down, the yield or interest [...]

Increase in Purchase Loan Applications

Posted by on March 31, 2010 at 10:36 am

The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 26, 2010, increased 1.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 1.5 percent compared with the previous week. “Purchase applications have increased over the past month, and are now at their [...]