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        <title>Eugene Real Estate Blog | Lane County Oregon Blogs</title>
        <link>http://www.dennispeaseteam.com/blog/</link>
        <description>Consumer focused real estate information for Lane County Oregon, also covering information and insight into local and national topics. Join us in conversation and share your thoughts.</description>
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            <guid>http://www.dennispeaseteam.com/blog/blue-moon-new-years-eve-2010-mortgage-report.html</guid>
            <link>http://www.dennispeaseteam.com/blog/blue-moon-new-years-eve-2010-mortgage-report.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Blue Moon New Years Eve 2010 Mortgage Report</title>
            <description> <![CDATA[ 
Mortgage rates are just a bit higher this week over last, as shown below. New claims for unemployment were down significantly this week and that has hurt the bond market. There are no guarantees that next week's rates will get better, though we expect the &ldquo;after holiday&rdquo; markets to be much more stable than the past two weeks. We'll hope for the best, and yes; rates are still fantastic! 


I know you've heard the rumblings of changes that are taking effect tomorrow (01/01/10) in the... ]]> </description>
            <pubDate>Thu, 31 Dec 2009 23:26:53 -0600</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/mortgage-rates-continue-to-remain-attractive-on-weak-dollar.html</guid>
            <link>http://www.dennispeaseteam.com/blog/mortgage-rates-continue-to-remain-attractive-on-weak-dollar.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Mortgage Rates Continue To Remain Attractive On Weak Dollar</title>
            <description> <![CDATA[ 
Rates are just a bit better than last Friday, as shown below. The Univ of Michigan's highly watched Consumer Confidence report came in much lower than expected today, but it didn't seem to have an effect on the markets. However, I'm sure the retailers are paying attention, and are no doubt, nervous to say the least. 


There's a lot of talk right now about the strength, or lack thereof, of the US dollar. There seems to be some unspoken plan to keep the dollar value low to entice the rest of th... ]]> </description>
            <pubDate>Fri, 13 Nov 2009 21:51:26 -0600</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/friday-update-mortgage-rates-steady-home-buyer-tax-credit-extended.html</guid>
            <link>http://www.dennispeaseteam.com/blog/friday-update-mortgage-rates-steady-home-buyer-tax-credit-extended.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Friday Update - Mortgage Rates Steady - Home Buyer Tax Credit Extended</title>
            <description> <![CDATA[ 
 As shown below mortgage rates are about the same as last Friday. Seems you're seeing that on a fairly consistent basis over the last few months. The employment report was issued this morning by the Labor Dept, and it came in even worse than expected. Unemployment is up to 10.2% nationally which is the worst since April of 1983, also in that report were figures that show worker productivity was up substantially. This means that if the GDP grew in the last quarter as it was reported, then it was... ]]> </description>
            <pubDate>Fri, 06 Nov 2009 20:32:43 -0600</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/breaking-news-homebuyer-tax-credit-to-be-extended-and-expanded.html</guid>
            <link>http://www.dennispeaseteam.com/blog/breaking-news-homebuyer-tax-credit-to-be-extended-and-expanded.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Breaking News: Homebuyer Tax Credit to be Extended and Expanded</title>
            <description> <![CDATA[ 
Both the House &amp; Senate passed an extension and expansion of the homebuyer tax credit. This could be signed by President Obama as early as tomorrow morning. Below is a summary of the new home buyer tax extension and modifications. 



  
T he $8,000 tax credit will be extended and available for first-time purchases through April 30, 2010. 

  
A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and April 30, 2010. To qualify for this provisi... ]]> </description>
            <pubDate>Thu, 05 Nov 2009 18:41:37 -0600</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/mortgage-rates-looking-good.html</guid>
            <link>http://www.dennispeaseteam.com/blog/mortgage-rates-looking-good.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Mortgage Rates Looking Good</title>
            <description> <![CDATA[ 
Mortgage rates are just slightly better than last Friday, as shown below. This is after a bad start on Monday, and then the economic picture became worse on Tuesday and mortgage rates came down for Tuesday and Wednesday. The economy looked rosy yesterday after the report on the 3rd quarter Gross Domestic Product showed an unexpected 3.5% growth. So, the bond market went down and rates went up. Apparently &ldquo;rosy&rdquo; only lasts 23 hours, because today, the markets are doing the exact oppo... ]]> </description>
            <pubDate>Fri, 30 Oct 2009 20:19:42 -0500</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-lower-again-this-week.html</guid>
            <link>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-lower-again-this-week.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Eugene Oregon Mortgage Rates Lower Again This Week</title>
            <description> <![CDATA[ 
Oooohhhhhhh, the rates are soooo low right now, as shown below. But obviously it's not the rates that are keeping the buyers away. More likely it's the unemployment rate that makes them nervous. I certainly can't blame them! 


The national unemployment rate moved from 9.6% to 9.8% with this morning's Labor Dept report for the month of September. Of course, the buyers in this area are looking at an unemployment rate much higher here in Lane County and the state of Oregon . So, it makes sense t... ]]> </description>
            <pubDate>Sat, 03 Oct 2009 20:14:16 -0500</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/eugene-oregon-first-time-home-buyer-to-take-advantage-of-low-mortgage-rates.html</guid>
            <link>http://www.dennispeaseteam.com/blog/eugene-oregon-first-time-home-buyer-to-take-advantage-of-low-mortgage-rates.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Eugene Oregon - First Time Home Buyer To Take Advantage Of Low Mortgage Rates</title>
            <description> <![CDATA[ 
Mortgage rates are lower this weekend than last, as shown below. They hit another good low on Wednesday, and held through Thursday, but have increased somewhat today. 


The employment data came in early this morning, and showed the unemployment rate at 9.7%, up from 9.4% last month.That's not a big surprise. Nor is the fact that the number of jobs lost during August is down from what was expected. What this basically means is that we are losing jobs at a lower rate than before. (Not great, bu... ]]> </description>
            <pubDate>Sat, 05 Sep 2009 20:38:14 -0500</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/lane-county-oregon-mortgage-rates-remain-steady.html</guid>
            <link>http://www.dennispeaseteam.com/blog/lane-county-oregon-mortgage-rates-remain-steady.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Lane County Oregon - Mortgage Rates Remain Steady</title>
            <description> <![CDATA[ 
Mortgage rates are the same as last week, as shown below. This mornings release of the existing home sales figures, which was the highest in two years, coupled with Fed Chairman Ben Bernanke's comments have pushed the bond market down, but once again we're seeing a knee jerk reaction to positive economic news. I suspect that things will settle again next week when the naysayers have their say.  


I'm sure you've heard a lot of grumbling about the new rules governing the mortgage industry. It ... ]]> </description>
            <pubDate>Sun, 23 Aug 2009 21:16:06 -0500</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-lower-this-week.html</guid>
            <link>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-lower-this-week.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Eugene Oregon - Mortgage Rates Lower This Week</title>
            <description> <![CDATA[ 
Okay!&nbsp; Rates are better today after being higher earlier in the week. &nbsp;You'll see the rates below, but I wanted you to note that the 5/1 ARM &nbsp;is now showing an &ldquo;Interest Only&rdquo; rate. &nbsp;I've found this to be somewhat useful for the executive types that are breezing into town and don't plan on staying in the home for long, but want a nice showy place for social functions. &nbsp;God bless &lsquo;em.&nbsp; :) 


Also, as I've mentioned before, I don't usually attach a... ]]> </description>
            <pubDate>Sat, 15 Aug 2009 22:03:16 -0500</pubDate>
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            <guid>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-steady-giving-buyers-more-time.html</guid>
            <link>http://www.dennispeaseteam.com/blog/eugene-oregon-mortgage-rates-steady-giving-buyers-more-time.html</link>
            <author>dennis@dennispeaseteam.com (Dennis Pease)</author>
            <title>Eugene Oregon - Mortgage Rates Steady - Giving Buyers More Time</title>
            <description> <![CDATA[ 
Mortgage rates were a little worse earlier this week, but with the jobs report that came out this morning the bond market has made some gains as stocks take a dive. The rates below are just slightly higher than last Friday, but with the sour economic news they are likely to trend a little lower into next week. 


This is as good a time as any to remind you that, although some of the lender's turn times are getting better, a 30 day contract close is still too optimistic. Remember, the lenders w... ]]> </description>
            <pubDate>Mon, 06 Jul 2009 00:12:04 -0500</pubDate>
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