Here at Creekside Mortgage, Inc., we've had a busy year, and we've enjoyed every minute.
As the calendar flips from December to January, we want to thank all of you for a wonderful year. Without you, Creekside Mortgage, Inc. would not be what it is.
To all of our extended Creekside family, Happy New Year, and we look forward to another wonderful year with you.
We discuss the housing market often on our blog -- what's happening now and what we expect may happen in the future.
While doing some research for our blog, we came across an article from the Portland Press Herald (of Maine), which brought up an interesting statistic about building a home and the amount of labor that is necessary to complete the build.
According to the article (last paragraph), for each house that is built, three people will have a job for a year, and there will be $90,000 created in tax revenue.
When talking about the housing market, people generally talk about how many homes are being bought and sold, but this statistic gets at something else completely-- the affects of buying an already existing home or building one yourself.
Building a home is not for everyone. There is added stress and even more complications that can arise from building, rather than buying. However, building is a great option for others who wish to have their home custom built for their family.
Whether you are looking to purchase, refinance, or build, we thought you may be interested in learning this unique little statistic.
According to an article from CNBC, the amount of people who are seeking unemployment funds is continuing to go down -- And, CNBC reports that these figures, which are down by 12,000 this week - are the lowest since the beginning of the recession in 2007-2009.
These facts and figures are definitely a good sign for the economy, because with jobs, people have the ability to spend money in the economy. However, we've got a long way to go to see a full economic recovery.
Still, as people slowly return to jobs, we should begin to see an improvement in the economy and housing markets, with housing values increasing.
As we move past Christmas and head toward the coming of the new year, it is time that we all take a brief moment to consider just what we want to do during the coming year.
When you make goals for the coming year, is purchasing a new home one of them? If it is, we'd like to be your partner in making this goal a reality.
And if you are happy in your home, and a new purchase isn't slated for the new year, consider a refinance. If you didn't do your loan recently, chances are you may be able to benefit from a refiance.
Whether you are a conventional or VA borrower, we can help you to make the best of the low interest rates that are currently available. Give Creekside Mortgage, Inc. a call if you are curious if a refiance would benefit you and your family during the 2013 year and beyond.
Creekside Mortgage, Inc. can be contacted at 800.920.5420 or at www.creeksidem.com.
Today, we had the opportunity to have our Portland realtor, Steve Granmo, deliver a donation from Creekside Mortgage, Inc. and Granmo himself, to the Portland Veterans Center.
We hope to continue philanthropic relationship with the Veteran Center. Here's a photo of Granmo handing over the donation!
When you go to buy a home, you already know that you have the right to choose who you work with to find that home. Through word of mouth or other resources available to you, you find a realtor that you feel comfortable working with, and who you trust to have your best interests in mind when searching for the perfect home.
But, what about your financing source?
While your mortgage broker may not have the opportunity to show you your dream house, they are the one that will help you finance the loan for your dream house. Your relationship with your mortgage broker is important.
Without good communication, you may end up in a loan that doesn't suit your needs or you may be left feeling confused about your loan and the lending process.
So what does this all mean?
Well, you need to be in control of where you get your financing. Just because your relator "works" with a particular broker doesn't mean that you have to use them. If you meet with your realtor's broker and you just don't click, or you are unsure about the program and/or rate they are providing, shop around.
It's important that you know you are in control of who you employ to get your financing. It's your choice.
If you are looking for financing, especially VA loan financing or refinancing, call Creekside Mortgage, Inc. at 800.920.5420 or go to www.CreeksideM.com.
The Clark County Historical Museum is looking for submissions for an exhibit called, "Vet Ink: Military-Inspired Tattoos." Submissions will be taken until Saturday, January 5. For more information or to fill-out an application, go to www.cchumuseum.org/?p=5474, or call 360.993.5679.
Read more about this event at http://www.columbian.com/events/ongoing/11130/.
Here at Creekside Mortgage, Inc., we were mortified to hear the news of what happened in Connecticut, today. Creekside Mortgage is sending all of our thoughts and prayers to the families of the Sandy Hook Elementary victims.
Before deciding to purchase a new home, you should think about how long you plan to stay in that home.
Is this a temporary home that yoiu plan to move out of quickly, or is it a home that you plan on staying in for a long period of time?
While these questions may feel a little premature, especially since you haven't moved in yet, they will help you talk to your mortgage broker about what type of loan will be best for you.
For example, you may opt to take a slightly higher interest with no closing costs rather than to pay now, to save over the term of the loan with a lower interest rate.
So, as you begin or continue your new home search, think about how long you plan on being in the home. Then, have a discussion with your mortgage broker.
For more information, call Creekside Mortgage, Inc. at 800.920.5420.
Creekside Mortgage, Inc. wishes to express our condolences to those who have been affected by the shooting that occurred yesterday afternoon at Clackamas Town Center Mall.
The shooting has affected many people, both those who were at the mall when it occured and those who live in the greater Portland area. Clackamas Town Center Mall is still closed today and in Vancouver, the mall seems to have less traffic than what it had prior to the incident yesterday.
People in the area have been frightened, and it's not difficult to understand why.
Because malls make a large portion of their yearly income from the holiday season, an unexpected result of this shooting may be that malls in the area do not meet their seasonal sales goals, which could have a ripple effect for the local economy.