In December 1990, the national average for a 30-year fixed-rate mortgage broke below the 10% barrier for the first time since October 1974. During Paul Volcker's tenure as the Fed Chairman, rates peaked at 18.45% in October 1981 to gain control over spiraling inflation. In March 2009, rates dropped …

Conventional 30-year fixed-rate mortgages improved nearly 20 basis points yesterday to 7.62%. However, with rates touching 8% earlier in the week and no relief in sight, it is no surprise that the housing market is slowing. All three counties in Central Oregon saw inventory increases at a time of …

The seasons in Central Oregon can change quickly, and this year seems to have transitioned to cooler temperatures definitively. The housing market inventory in Deschutes County has also started the annual seasonal decline, with 846 single-family homes for sale, down fourteen from last week and sixty-two from this week …