DAYTON YOUNG LIFE

April 6 there will be a huge garage sale for the Dayton Young Life campers.  We are looking for donations, please let us know if you have clean, gently used items to contribute and then come by and pick up new treasures and send our group to camp.

Dayton Baptist Church, 300 Flower Lane, Dayton OR 97114 

LOW INTEREST RATES MARCH 4, 2013

This morning’s Conventional FIXED rate quotes are:

30 Year 3.75% (3.909% APR)

15 Year 3.0% (3.279% APR)



*These rates are available for an 80% LTV purchase or rate/term refinance transaction with a 740+ FICO

score and loan amount between $125,000 - $417,000 based upon a 1% Origination Fee and 45 day lock

using approved lenders and subject to loan approval.



This morning’s Government FIXED rate quotes are:

FHA 30 Year 3.25% (4.275% APR)

VA 30 Year 3.50% (3.852% APR)

USDA 30 Year 3.50% (3.842% APR)



*These rates are available with a 660 minimum fico score, based on a 1% Origination fee and 45 day lock using approved lenders and subject to loan approval

FHA CHANGES THEIR MORTGAGE INSURANCE

As of April 1, 2013 - FHA will increase its annual mortgage insurance premium (MIP) for most new mortgages 0.10 percent – which translates to 1.35% per month. The upfront premium will remain the same.


As of June 3, 2013 - FHA will also require most FHA borrowers to continue paying annual mortgage insurance premiums for the life of their mortgage loan.
*Information is subject to change by FHA without notice.

RATES AND UPDATES FEBRUARY 4, 2013

This morning’s Conventional Fixed  rate quotes are:


30 Year 3.75% (3.909% APR)

15 Year 3.0% (3.279% APR)



*These rates are available for an 80% LTV purchase or rate/term refinance transaction with a 740+ FICO

score and loan amount between $125,000 - $417,000 based upon a 1% Origination Fee and 45 day lock

using approved lenders and subject to loan approval.



This morning’s Government FIXED rate quotes are:

FHA 30 Year 3.25% (4.275% APR)

VA 30 Year 3.50% (3.852% APR)

USDA 30 Year 3.50% (3.842% APR)

Oregon is the best

I am so fortunate to live in the Willamette Valley, Oregon has everything!

New year, back to the basics

As we start a new year with new goals and determination let's remember the basics.  Honest communication and the best long term results for our clients. Those two goals will make a successful 2013.

Rates January 22, 2013

This morning’s Conventional FIXED  rate quotes are:

30 Year 3.75% (3.909% APR)

15 Year 3.0% (3.279% APR)

*These rates are available for an 80% LTV purchase or rate/term refinance transaction with a 740+ FICO

score and loan amount between $125,000 - $417,000 based upon a 1% Origination Fee and 45 day lock using approved lenders and subject to loan approval.


This morning’s Government FIXED rate quotes are:

FHA 30 Year 3.25% (4.275% APR)

VA 30 Year 3.25% (3.596% APR)

USDA 30 Year 3.25% (3.587% APR)

*These rates are available with a 660 minimum fico score, based on a 1% Origination fee and 45 day lock using approved lenders and subject to loan approval

Housing Market Heating Up

Check out the article in Oregon Live.  I have seen quite a change recently with multiple offers in the Quad County (Multnomah, Washington, Clackamas and Yamhill) area.  Is this the beginning of a rebound?

Portland-area home prices are rising- good news for the housing market! http://www.oregonlive.com/front-porch/index.ssf/2012/07/portland_home_prices_up_33_per.html


Portland home prices up 3.3% in June, Clear Capital says

www.oregonlive.com

Of the month's sales in the metro area, 18.3 percent were bank-owned properties...

Three year olds

I just spent a week with my great nephew Jeremiah and I realized that he is much smarter than me.  He can use his mothers phone to watch cartoons, he can turn her IPAD on and off, find Netflix and watch Oscar - whatever that is.  He can turn on the charm to keep out of trouble and I watched cartoons each morning, so obviously he is in control as well.  It is unbelieveable to me what he knows as far as  the tech world.  I cannot imagine what he will know when he hits the work place.

MULTIPLE OFFERS - MAKE YOUR BEST OFFER

First I just want to say that I am not trying to push anyone, however, I have had 5  borrowers who have been up against multiple offers - and they lost that house.  So my recomendation is to make your best offer if you really want that particular house.  Use your professional realtors expertise and make an offer that makes sense.  With rates this low you will be getting a terrific longterm investment and more important a home that will be filled with memories.