Oregon Department of Veteran Affairs RATES!

Everyone is talking rates these days, so I’ll just jump right in and let you know that The Oregon Department of Veteran Affairs current loan rate is less than the Federal VA rate. What does that mean for you? A little more bang for your buck!

The current state of the housing market is pretty tight, meaning inventory is low. Not enough homes listed to supply buyers’ demand. Prices have adjusted down a bit due to higher interest rates. With the Fed indicating that inflation is in a more normal position coupled with the possibility of a decrease in rates I anticipate we’ll have a market that will ramp up in the next few months. There is a possibility that we will see more competition for homes as summer rounds the corner.

Consider that home prices are at a seasonal low, ODVA rates are low, and it’s the quiet before the storm. Perfect time to consider that next home. Contact me to open that conversation! 503-680-3702 / sharon@sharonfleming.com