Comparative Market Stats for area 244 (SW Eugene) only $200k-$450k, 3 bed / 2 bath minimums ● 80 Active Sellers in line to sell their homes ● 11 homes on average go under contract each month ● There are 7.2 months of inventory in section 244. ● Sellers...

As if we needed ANOTHER acronym, here comes HAFA! Unveiled at the end of last year, the new HAFA rules will take effect April of 2010. So what are these new federal guidelines? The HAFA program is a baby brother of the Home Affordable Modificiation Program....

RESPA, otherwise known as: Real Estate Settlement Procedures Act (phew, what a mouth full!) took effect January 1, 2010. These new federal guidelines were put in place to help the consumer understand their loan documents and settlement costs. The new...

The Mortgage Banker Assocation ( www.mortgagebankers.org ) predicts the following numbers: Year 2010: First Q will see 30 year fixed rates at 5.4%, but by the Q4 expect 6.1%. Year 2011: 6.2% Year 2012: 6.5%...

As reported by Inman News yesterday--important financial news from the Adminstration is coming down the pipeline. "The Federal Housing Administration won't raise the 3.5 percent minimum downpayment requirement for mortgages it guarantees as long...