I am just about to finish up with this weeks series.  I have discussed reasons you may consider an Oregon mortgage refinance, such as to improve the rate and/or term of your existing mortgage, to lower payments and improve your cash flow, and for home improvement.  So this leaves one of the most often used reason […]

I have been discussing reasons to consider an Oregon mortgage refinance for the past week.  Those reasons have not included the reason many people refinance, which is to take some of their equity out of their home to use for other reasons.  One reason may be to complete a home remodeling project.  Borrowers with equity can […]

There are many good reasons to consider an
Oregon mortgage refinance.  I have already discussed lowering your rate, improving your loan terms, and improving your cash flow.  Recently however, people find they need to refinance to get rid of an adjustable rate loan that has turned into a nightmare for them. 
There are many good reasons […]

There are many good reasons to consider an
Oregon mortgage refinance.  One of the best reasons is to improve the interest rate from that of your existing mortgage loan.  When you refinance to improve your interest rate or term, without increasing your loan balance more than what it takes to pay closing cost plus up to […]

Most of us recall the old rule about refinancing:  Refinance if your interest rate drops by at least 2 full percentage points below your current mortgage rate.  This rule has now gone by the wayside and you should consider an Oregon mortgage refinance under much more expanded guidelines. 
Your home is the greatest single investment for […]

Once you begin the process of refinancing your mortgage, your Oregon mortgage refinance lender will ask you about locking your rate.  Generally, you are given the option to either lock or float your rate.  What does this mean?  When an Oregon mortgage refinance lender locks in your rate, you receive a conditional guarantee that you will receive […]

When it comes to refinancing your home, there is not a better place to be than Oregon.  While most of the country is suffering through weak home sales, much of Oregon, including the Portland Metro area, Salem/Springfield, and Eugene, continue to experience increasing market prices, often in double-digit ranges.  While it is easy to see […]

If you have been watching rates lately, you know that things have been a bit volatile. Oregon’s Best Mortgage www.oregonsbestmortgage.com specializing in Oregon mortgage refinance.

If you have been watching interest rates lately because you are thinking about refinancing your mortgage, you may be feeling a little depressed.  After months of stability in mortgage rates, we are suddenly seeing some volatility with rates - generally moving upward.   I recently had a client request a rate quote on www.OregonsBestMortgage.com at the […]

You may be aware of the so-called ‘Sub Prime Meltdown’.  Essentially, this refers to recent high foreclosure rates on certain types of mortgage products know as Sub Prime Mortgages.  Different wholesale lenders have offered these products for years.  In the last few years, these products have been very aggressive, allowing borrowers with poor credit to […]