September 2008 
There are 3 blog entries for September 2008.
Eugene, OR Mortgage Lenders - Weekly Updated Home Mortgage Rates
Sunday, September 21st, 2008 at 8:00pm. 507 Views, 3 Comments.
Lots of talk out there right now, which, unfortunately shapes the markets. I say unfortunately only because what we hear right now has very little to do with the “long term” goals our clients should be considering. If you have had an ear to the media today you know that Congressional representatives have met with Henry Paulson, Ben Bernanke and others to try and find a solution to the huge financial crisis that seems to be looming.
However, if you've also been watching the markets at the same time, you've seen that the very fact that there has been a meeting has put the stock market back right with itself, and taken much of the gains away from the bond market. This only means that the volatility is day by day, and should definitely NOT keep home…
Florence Oregon Planning Commission Considers New 17 Acre Subdivision
Saturday, September 6th, 2008 at 2:13am. 640 Views, 4 Comments.
Eugene Oregon based Arlie & Company addressed the Florence Planning Commission to lay out plans for a 17 acre development and neighborhood village tentatively called “Cannery Hill.” The subdivision is planned to be built in phases on land across from Fred Meyer store north of town on Highway 101 and Munsel Lake Road, in an area of another new subdivision, Maxwell Construction's Spruce Village.
The proposed project by Arlie & Company would be a mixed use project (residential & commercial) which the developers say is intended to provide housing choices and employment opportunities including retail and services to meet the needs of residents just North of Florence.
Arlie & Company has plans to complete the project in phases allowing up to 10 years and…
Eugene Oregon Mortgages - Weekly Rates Update
Friday, September 5th, 2008 at 11:24pm. 480 Views, 2 Comments.
Okay, first things first. If you possess any math skills at all you probably noticed in last Friday's report that I committed a faux pas in regards to the first time home buyer purchasing a $750,000 home to receive the $7500 tax credit. Obviously my math skills were called into question, but I ask your forgiveness for this, my only mistake in 2008 thus far. 
Mortgage rates were down this morning with the ugly employment report from the Labor Dept, but as the day went on the stock markets rallied and pushed mortgage rates back up. However, as you can see below, rates are better than they have been in the last 2 ½ months.
A quick update on the “seller funded down payment assistance programs” (Ameridream, Nehemiah, etc.); the few lenders who…
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