Portland Mortgage Rates and Information Online from competing Lenders

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Top 5: PDX office market relatively stable in Q4 - Oregonian
Your Top 5 real estate stories. Send story tips or investigative ideas: ryanfrank@news.oregonian.com or 503-221-8519. 1. Downtown office market outperforms burbs: The downtown office market continues to weather the recession better than its suburban ...

Mortgage interest rate cuts bode well for home builders in 2009 - Witness
JOHANNESBURG — A round of interest rate cuts in 2009 will bode well for building and construction firms with exposure to the residential sector. So says BOE private clients construction analyst Barbara Price-Hughes. “It will take time for them ...

Jobless claims dive while mortgage rates ease again - Portland Tribune
WASHINGTON (Reuters) - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity in New York ...

Pirates Victorious Over Falcons, 4-1 - OurSports Central
Portland, ME - The Portland Pirates picked up their first win of 2009 by beating the Springfield Falcons 4-1 at the Cumberland County Civic Center Sunday afternoon. Jhonas Enroth made 31 saves in his tenth consecutive start. The Pirates and Falcons ...

Rivet to return to Sabres lineup; Connolly aims at weekend - Buffalo News
The Buffalo Sabres' roulette wheel of health has finally landed on 19 and 52. Those who had their chips on 61 are out of luck. The Sabres announced today that captain Craig Rivet will return to the lineup Tuesday when Ottawa visits HSBC Arena. Also ...

Admirals Beat Pirates 3-2 - OurSports Central
Portland, ME - The Portland Pirates rallied late but couldn't tie the game and took a 3-2 loss at the hands of the Norfolk Admirals in the last game between the two teams this season. Portland won the first three to take a 3-1 edge in the season ...

Top 5: PDC gets OK to send Pearl $ east - Oregonian
1. State says PDC can shift Pearl's money to East Portland: A group of former Portland Development Commission executives, led by Pearl District land owner Bob Ames, challenged City Hall's plan to spend $19 million from the Pearl District urban ...

Top stories of 2008: Tragedy, disasters & weird - kgw.com
PORTLAND, Ore. -- Amid the tragic and the improbably wacky, 2008 in Oregon was hard to pigeonhole. It really wasn't defined by anything specific. It was something else instead.   Year in review: Stories, slideshows & video It opened with missing ...

BofA CEO recommends top brass get no bonuses - Portland Business Journal
Bank of America CEO Ken Lewis said in a memo to employees Tuesday that he’s recommending the board not award 2008 bonuses to himself and other senior executives. “This was a difficult decision because we have worked hard and made progress on many ...

Expert Offers Financial New Year's Resolutions - WCSH
PORTLAND (NEWS CENTER) -- The state of the economy has us all thinking about our financial futures in 2009, so many Mainers are making money-related New Year's resolutions. Where do you start? Leslie Linfield of the Institute For Financial Literacy ...

Today's Mortgage Terms starting with E

Equity: The difference between the current market value of a property and the total debt outstanding against the property.

Escrow: A transaction in which a third party represents both the buyer and seller, or for borrower and lender, involving the handling of legal documents and disbursement of funds. In some parts of the US, escrow of taxes and insurance premiums are referred to as impound or reserves.

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