Lower Conforming Loan Limits In Our Future

The Federal Housing Finance Agency (FHFA) is expected to announce lower loan limits this month for Fannie Mae and Freddie Mac mortgages.  Lowering the dividing line between what are known as conforming loans and jumbo loans  is an effort by the government to expand the role of private capital in the mortgage marketplace and reduce […]

Strong Housing Market in Bend Oregon

The real estate market in Bend, Oregon continues to show strength as the Federal Housing Finance Agency( FHFA) releases first quarter 2013 numbers for their House Price Index (HPI).  Click here to view full size image. The House Price Index shows homes in the Bend Metropolitan Statistical Area (MSA) had price gains of 7.69 percent […]

Refinance Program Overhaul

  Yesterday (10/24/11) President Obama announced plans to overhaul the Home Affordable Refinance Program (HARP).  HARP was originally introduced by President Obama shortly after he took office in 2009.  It was scheduled to expire in June 2012 but now will be extended through the end of 2013.  The goal of HARP is to help borrowers […]