Greg Downey's (portlandmortgagebroker) Blog

I've read in more than one place where economists are decrying the Case-Schiller Index as exagerating the price declines in many major metropolitan areas. I'm curious what everyone else's thoughts are on this topic? I haven't formed an opinion yet, but I do see some trends that would lend themsel...

Where would we be right now without the FHA tool in our bag? This is the most diverse loan product available on the market today, and fits a multitude of different borrower profiles from folks with significant credit challenges or even no credit at all to those with stellar credit but small savin...

2009 is officially upon us here in the PST. Stay safe out there! If you hit it a little too heavy, public transit is running for free tonight and Speeds Towing will haul you and your car home with a donation to MADD. Our industry is suffering badly enough already without having to mourn the death...

Who would deny it's been an insane year? The S&P 500, at one point in November down almost 50%, closed today's session down 38.5% for the year. Analysts estimate there are literally trillions of investor dollars sitting on the sidelines right now, waiting for the right moment to tentatively ventu...

As we enter a new year, I can't decide if I want to jump on the prediction band wagon like everybody else or just wish everyone a happy new year and let it be. Maybe a little bit of both is in order. Particularly for homeowners or prospective homeowners, it's hard to fathom a happy 2009 with the ...