Author: Evan

My blog is a tool for me to provide updates on what is happening in the financial markets that will impact mortgage rates, update professional partners on what is happening in the mortgage industry, and write about general financially related topics.

Real Talk Ep 13 with Josh Hackenjos: Help Others Solve Problems!

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Join me for an insightful conversation with Realtor Josh Hackenjos, who has been a licensed Realtor since 2011. Josh has built a successful real estate practice by focusing on serving his community, being honest, and providing sound advice, even when it doesn’t benefit him. ✨

In this interview, Josh shares his secrets to success and offers valuable tips on how (and when) to plan your important activities for a successful new year. Hint: It doesn’t have to be complicated! Don’t miss out on this opportunity to learn from one of the best in the business!

Federal Rate Cuts: What Homebuyers Need to Know!

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Fed cuts and mortgage rates? What do I need to know? Watch to learn more!

How to House Aging Parents: Affordable Solutions Revealed

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Did you know that advancements in healthcare are extending our life expectancy? This means more of us will be figuring out how to house our aging parents.

In the next 5-10 years, the number of Oregonians over 85 will more than double! This could be a challenge for many families. But don’t worry, I’ve got a solution for you!

Introducing the Fannie Mae and Freddie Mac Family Opportunity Loan Program! This program allows adult children to purchase a home for their aging parents with as little as 5% down and at primary residence interest rates. It’s an affordable way to provide comfortable housing for your loved ones while also building wealth over time.

If you’re trying to figure out how to house your aging parents affordably, reach out to me today! I’d be honored to help.

Unlocking Homeownership: How to Buy for Less!

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Struggling with affordability as a first-time homebuyer? Discover the secret of real estate seasonality! See how a first-time buyer in Portland secured a home with instant equity, thanks to the market shifts starting in November. Stay in the market, and if you’re not pre-approved yet, call me today! Let’s make your homeownership dreams a reality.

#RealEstate #FirstTimeHomeBuyer #InstantEquity #HomeBuyingTips #PortlandRealEstate

2025 Housing Market Forecast: What Buyers Can Expect

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

As we wrap up 2024, the Portland and Pacific Northwest housing market has faced challenges with high mortgage rates and steady or rising home prices. But there’s hope on the horizon! Experts predict mortgage rates will improve in 2025, with modest home price increases. Seasonal trends will offer better negotiation opportunities for homebuyers. If you’re ready to strategize your home purchase for next year, let’s chat! No obligation, just a friendly conversation to help you navigate the market. Happy holidays and a wonderful new year!

☎️ 503-488-1808

▶️ evanswanson

Unlock Your Homeownership Dreams with Oregon Flex Lending!

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Exciting News for Homebuyers in Oregon! Are you struggling with high interest rates and down payment challenges? Oregon Housing and Community Services has launched the Oregon Flex Lending Program to replace the old Oregon Bond Program.

This new initiative offers:

1. Down Payment Assistance: Up to 5% for both first-time and repeat homebuyers.

2. Flexible Use: Assistance can now be used for down payments, not just closing costs.

3. Subsidized Interest Rates: For those who qualify with their own down payment.

This program opens up new opportunities for many aspiring homeowners. Curious to learn more? Contact us today! ✨ Don’t miss out on this game-changing program!

Why Are Mortgage Rates Rising in October 2024?

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Curious about why mortgage rates increased in October despite the Fed’s rate cuts? Tune in as I explain the trend and what to expect moving forward. Discover why 30-year fixed mortgage rates spiked by 0.75% and how federal fiscal policies play a role. Plus, find out why November and December might bring better news for mortgage rates. Have questions about navigating this market? Contact us today for expert advice!

Election Impact on Housing & Mortgage Rates

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Curious about how the upcoming election will affect the housing market and mortgage rates? Watch to learn more!

3rd Quarter 2024 Housing Market Recap & Winter Forecast

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

As a mortgage loan officer, I’ve recorded a short 5-minute video recapping interest rates and housing prices during the 3rd quarter of 2024. Plus, get a sneak peek into what to expect this winter and discover essential tips for buyers and sellers navigating the seasonal market shifts. Watch now and stay informed!

Why Mortgage Rates Are Rising Even After Fed Rate Cut ✂

Posted on by Evan in Swanson Home Loans Blog - Mortgage Rate Updates and More

Evan Swanson from Guild Mortgage explains that even though the Federal Reserve cut interest rates on September 18th, mortgage rates have actually gone up a bit. This is because the mortgage market expected the rate cut and adjusted beforehand. Historically, mortgage rates often rise after the Fed cuts rates, but there’s hope that they will eventually go down.