Agent Profile
I am a top ranked agent serving the Portland area for over 20 years specializing in residential real estate sales and investments. I created this site as a real estate resource for buyers and sellers who want to be well informed about current inventory and pricing. If you are interested in actively tracking the market, please sign up to receive my daily listing email. We map every new listing each day then update the neighborhood maps. The map is emailed to you...simply click a neighborhood to see the listed properties for sale, complete with pictures, price and address. Agency Info
RE/MAX Equity Group
4800 Meadows Road, Suite 100
Lake Oswego, OR 97035
Mortgage Rates Fall Sharply
As if the extension of the first time home buyer tax credit wasn’t good enough, mortgage rates are down over 2 points from last year. This may just create the perfect scenario for new buyers….
According to Freddie Mac, the average rate on a 30-year fixed mortgage was at 4.83% this past week, which is down from 4.91% last week. And….even further down from a year ago at 6.04%.
The best deal of all is a 15-year fixed-rate mortgage. The average rate on a 15-year fix fell to 4.32%, the lowest on record.
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