Real estate locally in Bend, OR can be impacted by the global economies. We are watching the key variables hourly to make sure you will get the best possible interest rates.
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The FOMC released its announcement this morning at 9:30 eastern. Two very important indications of what the FOMC will do are found in the statement released to the press. 1. They anticipate keeping the “exceptionally low fed funds rate at least through late 2014″. (Had previously been “into lat...
Big news in the Interest Rates market! The mortgage backed securities that enable banks to package loans into the secondary market are at an all-time high which means rates are great and getting better. Only once ever has the 3.50% coupon MBS from Fannie Mae closed this high and it was in the exc...