Interest rates and closing costs

These two items are a big part of why we started Portland Loan Team. By eliminating staff and other fixed costs, we are able to offer much better rates and lower costs to our clients. These items also represent a large percentage of the questions we get asked about most often. Interest rates: Average 30 year fixed […]

Is a debt consolidation refinance right for you?

Debt consolidation is more attractive now than it has been for many years. There are two factors creating this favorable environment. 1) Interest rates are at the lowest levels we’ve seen since Trump won the election in November 2016. Here’s a graph of rates over the past two years: Source: https://ycharts.com/indicators/30_year_mortgage_rate 2) Housing values have […]

Four Reasons to Buy Investment Real Estate

Tax Benefits* There are limited tax benefits for middle-class Americans. Rental real estate has two tax benefits that can provide tax-free income to investment property owners and a tax-free windfall to heirs. Owners can depreciate residential rentals over 27.5 years. The depreciation can be used to offset rental income; meaning owners can receive rent from […]