Dave Sutton
Windermere Cronin & Caplan Realty Group, Inc.
Dave Sutton :: Direct: 503-505-9722 :: Email: davesutton@windermere.com :: www.davesuttonhomes.com
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Mortgage Rates UNDER 4.00%? Some under 3.00%?
Posted on September 27, 2011
I don't claim to be a mortgage or lending expert, but a couple of lenders send me their rate sheets every week and the last ones I've seen have all the types of mortgages under 4.0%! ARM's under 3.0%. If you can afford to pay rent, you can almost certainly afford to buy a home.
While home prices are very attractive now, in the Portland, Oregon area they have been trending steadily upward all through 2011. You may very well have missed "the bottom of the market". One thing certain about that elusive bottom - we won't know until it's passed. There will not be freeway billboards announcing, "TODAY is the bottom of the market!"
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