Lowell Real Estate News
Real Estate news for Lowell, OR continually updated from thousands of sources.
Jan 12, 2017 | via The News-Review
First, mortgage rates last week rose to their highest level in more than two years - 4.32 percent for a 30-year, fixed-rate mortgage. This was the ninth week in a row that mortgage rates have risen; as recently as October, 30-year mortgage rates were averaging 3.47 percent. Comment?
Jul 27, 2016 | via Local TV Station KTVZ
A Deschutes County grand jury has indicted two people on several charges in connection with significant mortgage and rental fraud schemes, District Attorney John Hummel said Wednesday. Mark Franklin Broeg, 39, was arrested Tuesday in Lane County on seven felony counts including racketeering, mortgage fraud, and other theft-related charges, Hummel said in a news release. Comment?
Jun 16, 2016 | via Portland Tribune
When Oak Leaf mobile home park residents heard rumors in January that the out-of-state park owner would sell the run-down complex in the Cully neighborhood so it could be redeveloped, many feared they'd soon be homeless. But residents mobilized to stave off the closure, and a host of neighbors and others rallied to their side. Comment?
Wednesday Feb 1 | via Willamette Week
Watchdogs say elected officials should scrutinize the $12.1 billion a year of state and local tax breaks on the books. When lawmakers convene Feb. 1 for the 2017 legislative session, the most pressing question will be how to fill a $1.8 billion budget gap. Comment?
Dec 17, 2016 | via OregonLive.com
Oregonians aren't very financially savvy, which can lead to uninformed and poor choices about their money, according to a new national report card on adult financial literacy. If it's any consolation, however, we're not quite as ignorant, profligate or strapped as adults in most states, according to the report from the Center for Financial Literacy at Champlain College in Vermont. Comment?
Dec 14, 2016 | via Portland Tribune
Oregon House Democrats have developed a menu of several billions of dollars in new taxes they could consider during the 2017 session, according to a Legislative Revenue Office document obtained by the Portland Tribune. Specific options from the list limit several personal income tax deductions, increase taxes on corporate income, tobacco and alcohol; and levy new taxes on corporate sales, soda and meals. Comment?
Sep 30, 2015 | via Business Wire
Earnings per share for the quarter were $1.33 and year to date earnings per share reached $2.93. The company declared a cash dividend of $0.15 per share during the quarter. Comment?
Nov 5, 2016 | via The Oregonian
What's the best place to live in Oregon? It depends. Each of the state's 36 counties have distinctive features and home prices. Comment?
44 min ago | via Stuff.co.nz
She and her husband, aged 21 and 23 respectively, recently sold their first house in Whangarei and bought a piece of land in Kamo, north of the city, on which they will build a house. The couple were not actively looking for land but a block came on to the market near her family farm. Comment?
45 min ago | via The Real Deal
The affordable-housing crunch worsened last year. In the final quarter of last year, Americans spent the highest share of their incomes on mortgage payments since 2010, according Zillow. Comment?
49 min ago | via The New Zealand Herald
House price expectations have cooled - particularly in Auckland - and although now is still seen as a bad time to buy, it's not as bad as it has been according to the ASB Housing Confidence Survey out today. Fewer people are expecting house price increases, especially in Auckland and the North Island, but expectations about interest rates rising are growing. Comment?
1 hr ago | via Cambridge Evening News
Your home is probably the most expensive thing you'll ever own, but if you're thinking of buying a house, where do you even start? There's so much to think about, to research and organise. For most people a mortgage will be their biggest single outlay and that's after you've paid a deposit, estate agent fees and any improvements to the house that are needed before you can move in. Comment?
1 hr ago | via The Hill
While relations between President Trump and the Federal Reserve have recently been quiet, this is primarily due to the president being busy with other matters and is likely to be short-lived. The course the Fed charts is as uncertain as the decision makers who will determine it, with key seats open for nominations. Comment?
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