Posts with tag 'bend homes for sale'
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What's Up with Mortgage Interest Rates?
Recent headlines may leave you wondering what's next for mortgage rates. Maybe you'd previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn't directly determine mortgage rates, it does tend to impact them. But when the Fed met last week, a cut didn't happen — at least, not yet.
There are a lot of factors the Fed considered in their recent decision and most of them are complex. But you don't need to be bogged down by those finer details. What you really want is the answer to this question...
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Bend Premier Real Estate | March 2024 Newsletter
What's in the March, 2024 Bend Premier Real Estate Newsletter?
- High Mortgage Rates and Prices Affecting Bend Home Sales
- Bright Spring Salad
- Spring Home Maintenance Checklist
- Spring in Central Oregon?
- The First Step: Getting Pre-Approved for a Mortgage
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Bend Oregon Real Estate | February 2024 Trends
High Mortgage Rates - High Prices Affecting Bend Home Sales
For the 4th week in a row, the thirty year mortgage interest rate has risen which has impacted real estate sales across the country. With these rates now pushing 7%, the buying power of Bend homebuyers has diminished.
With this change, few sellers are putting their homes of the market. Why sell a home with a great interest rate when the replacement home will cost so much more to finance? Both Bend home buyers and Bend home sellers are making decisions based on the cost to finance and when mortgage rates rise, often the decision made is to do nothing.
Bend Real Estate Inventory Levels Remain Low
Although there is always a downward seasonal adjustment for Bend home sales in the winter, the number...
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Bend Premier Real Estate Welcomes Lesley Snider
Lesley Snider has Joined Bend Premier Real Estate
Lesley draws from a background in advocacy and a commitment to ongoing education and brings essential skills in customer service, problem-solving, and communication to every transaction. Whether a client is seeking to purchase a dream home or looking to sell, she is dedicated to understanding their unique needs and providing seamless guidance every step of the way. Embracing technology and supported by a network of experienced professionals, Lesley ensures her client's experience is both cutting-edge and client-centered. She welcomes new clients making Central Oregon their home.
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Bend Premier Real Estate | February 2024 Newsletter
What's In the January, 2024 Bend Premier Real Estate Newsletter?
- Bend Home Prices Leveling Off
- Chocolate Covered Tuxedo Strawberries
- The Best Things to Do in Bend During February
- Jack Lake to Three Fingered Jack
- Winning Plays
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