There is good news in the housing market—you just need to know where to look. One of those spots is great loan opportunities that capitalize on the record-low interest rates. While word on the street is that financing is hard to come by, here are a couple options worth looking into if you are considering moving or refinancing your current loan.
●Insurance companies are financing variable rate loans fixed for seven years at interest rates as low as 3.5 percent for jumbo money (anything over $362,500).
●For conforming loans (under $362,500), FHA guaranteed loans can be picked up for as low as 2.75 percent fixed for seven years.
These rates and terms are almost unheard of! I can refer you to a couple great mortgage brokers to explore your options if you're interested. Just give me a call or shoot me an email.
While I have your attention…I’d also like to let you know about another opportunity—a chance to kick off the season of giving by donating to Dress for Success, a nonprofit organization that helps disadvantaged women becoming economically independent by providing professional attire, ongoing support and career development tools to ease their transition back into the workplace.
From November 7-11, the Hasson Company will open its doors as a public drop center for donations, collecting everything from new and gently-used suits, skirts and slacks to shoes, belts, handbags and other accessories. Take this chance to go through your closet and re-purpose things you no longer need. If it would make things easier for you, I’d be happy to swing by and pick up your donations. Just let me know.
One more thing. If you love Lake Oswego, or are considering moving here,
you might want to check out my blog, “52 Reasons to Love Lake Oswego,” at www.lovelakeoswego.com. Recent posts have featured: Great
Neighborhoods for Halloween Trick-or-Treaters and Why the Lakeridge Pacers and
Lake Oswego Lakers Deserve a Place in the Hall of Fame. If you have any reasons
why you love Lake Oswego that I could feature in a future blog post, let me