Bend Home Financing

Financing a home in Bend Oregon is still easy.  Rates on 30 year fixed mortgages didn't change last week  Freddie Mac reported that 30 year, fixed rate mortgages averaged 6.52% for the week ending August 7.  That was the same as the prior week's rate, which marked the second-highest of the year.

Interest rates around 6 1/2% are still great.  I can remember back in the early 80s when interest rates on mortgages were 16%.  We were really happy when they finally came down to 12%!

There are a lot of good values on the market right now.  There are a lot of people that are going to look back in a few years and wish they had bought Bend Oregon real estate in 2008.

Jim Johnson has been selling quality homes in Bend Oregon since 1981. Call 541-389-4511 or see his web site http://www.bendoregonrealestateexpert.com .  To see more information on Bend Oregon click on the link below http://bendoregonrealestateexpert.com/bendoregon.asp .

 

If you would like to make a comment on this post or on the Bend Oregon real estate market click on "comments" below.  Jim is licensed by the State of Oregon as a Principal Broker for Century 21 Gold Country Realty.