Tax, Legal & Finance

Mortgage Rates Hit Six Week Low

July 17, 2009

Rates on 30-year fixed mortgages fell to 5.14 percent for the week ended July 16, down from 5.20 percent a week before and 6.26 percent a year earlier ...

Interest-Free Loans For Portland Foreclosure Buyers

July 8, 2009

City of Portland To Offer Up To 50k Interest Free Loans The City of Portland’s new Portland Housing Bureau is preparing to launch a brand new homebuyer ...

$8000 Tax Credit Can Be Used for Down Payment

May 14, 2009

Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment. Previously, most buyers ...

Getting a loan in a changing market

March 2, 2009

How to keep your approval when your loan option is discontinued by Josh Leake, Guest Contributor You have a great rate and the perfect loan ready to close. ...

First Time Homebuyer Tax Credit Finalized

February 18, 2009

The First Time Homebuyer Tax Credit has been finalized. For eligible properties purchased in 2009 the credit has been raised to $8000. Unlike the 2008 version ...

The Mortgage Week In Review

December 12, 2008

Click on the links below to find out more! 30-year fixed-rate is lowest since March 2004 The 30-year fixed-rate mortgage averaged 5.47% for the week ending ...

Save Thousands on Your 30-Yr Mortgage

September 26, 2008

If you have a 30-year mortgage, you might want to consider this simple “trick” that has gained popularity in recent months and can save you thousands of ...

Reduced Taxable Income Exclusion for Some Home Owners Who Sell Their Primary Residences

September 24, 2008

After 2008, some home sellers who don’t use their properties as principal residences for their entire ownership period may wind up paying more of a tax ...

Interest Rates Drop Below 6%

September 8, 2008

Sparked by the news that the federal government will be bailing out Fannie Mae and Freddie Mac, interest rates on a wide range of mortgage products declined ...

Housing Bill: No Free Lunch For Portland Homeowners

July 30, 2008

Implications of the Housing Bill for Portland and Beyond A plan to rescue hundreds of thousands of homeowners at risk of foreclosure cleared the final hurdle ...