My Clients on Working with Me:

“Very professional, Excellent communication, Felt safe and taken care of!  Thanks!”

“Evan was great, informative and answered all questions promptly.  Everyone we worked with was incredibly helpful.  We appreciate that we got contacted so we cold take advantage of the lower rate.”

“Everyone at Mortgage Trust was wonderful throughout the whole process. Communication within the team, between Mortgage Trust and the title company, and my agent, made the whole process feel so easy + smooth.”

“Evan and his team were professional, prompt, and knowledgeable. We were kept informed of our loan progress and never felt out of the loop.”

“Amanda + Evan were wonderful. They helped me with my refinance. Their communication was exceptional – responded quickly to all my calls and emails. Thank you so much for all your help.”

“Evan and his team made this such a smooth, clear process for a first time home buyer. I was anxious entering the process, but Evan was always there to answer my many questions and guide me through everything step by step. I would highly recommend Mortgage Trust to any potential home owner.”

The Latest from My Blog

Mortgage Rate Update February 16, 2017

Given that today is National “Do a Grouch a Favor Day” (seriously see HERE) I find it appropriate that mortgage rates are improving modestly this morning.  Mortgage rates are essentially unchanged from Monday which is a win given that pricing worsened Monday-Wednesday. In case you missed it Fed Chairwoman Janet Yellen told congressional lawmakers that […]

Mortgage Rate Update February 13, 2017

Mortgage rates worsened during the latter half of last week. Mortgage rates will be looking for love tomorrow from Fed Chairwoman Janet Yellen.  She is scheduled to provide testimony to congressional lawmakers tomorrow and Wednesday.  Much like the origins of St. Valentine’s Day are not well understood neither is the relationship between the Fed and […]

Mortgage Rate Update February 9, 2017

Mortgage rates continued to improve modestly this week and are currently at multi-week lows.  That said pricing is modestly worse this morning so momentum may be shifting. With heavy snow covering much of the northeastern seaboard we have to be prepared for some volatility in the financial markets.  Its likely that fewer traders are able […]

Mortgage Rate Update February 6, 2017

Mortgage rates are unchanged from last week but accompanying closing costs are modestly lower. In case you missed it Friday’s all-important jobs report showed stronger than expected hiring (+227,000 jobs) which would normally be a bad signal for mortgage rates.  However, average hourly earnings increased by less than expected which tempered inflationary fears.  Therefore, mortgage […]

Mortgage Rate Update February 2, 2017

Mortgage rates are effectively unchanged from the beginning of the week. As expected the Fed left short-term interest rates unchanged yesterday following their 2-day monetary policy meeting.  The Fed DOES NOT directly control mortgage rates but their decisions and comments can certainly influence them.  The Fed did not clarify when the next rate hike may […]

Mortgage Rate Update January 30, 2017

Mortgage rates are moderately improved from Thursday. On Friday the Commerce Department released Gross Domestic Product figures for the final quarter of 2016.  It showed that the economy expanded by a 1.9% annual pace for the final three months of the year which is lower than the markets were hoping for. The current cycle of […]

Mortgage Rate Update January 26, 2017

Mortgage rates are not having a great week. As I’m sure you’ve heard the Dow Jones Industrial Average topped 20,000 yesterday and managed to close above this psychological level.  The Dow is extending those gains today.  When stocks rally it attracts new capital which is often sourced from the bond market.  Weakness in the bond […]

Follow up- Affordability in Portland

Last week I posted THIS PIECE which highlighted the (welcome) perspective from the state of Oregon’s Office of Economic Analysis that housing affordability will reach an inflection point this year. It turns out that the chief economist for the aforementioned office delivered a talk to the City Club of Portland a couple weeks ago.  His […]

Mortgage Rate Update January 23, 2017

Mortgage rates are mostly unchanged from last Thursday’s ‘rate update’. Will President Trump’s policies help or hurt our economy?  This is one of the primary questions the financial markets are dealing with right now. On one hand a large infrastructure investment would provide fiscal stimulus that would certainly create growth and possibly pressure mortgage rates […]

Mortgage Rate Update January 19, 2017

Well, after a nice 5-week run mortgage rates ticked higher yesterday giving away half the improvements they gained on the way down. The culprit?  Fed Chairwoman Janet Yellen delivered a speech yesterday in which she stated that Fed officials expect to raise short-term interest rates “a few times a year” through 2019.  This was more […]