Portland Oregon Interest Rates at 3 Year Lows

I'm Rob Levy, with the Rob Levy real estate team in Portland Oregon, and I have been a top selling local Realtor since 1988, over 30 years. Today I wanted to talk about something that is overshadowed in the news, the fact that interest rates keep dropping and are now at their lowest point in over three years. What does this mean to you? Well here in Portland, Oregon if you were to borrow $350,000 on a house at todays rates around 3.5% you would be saving over $400 a month over the 5.5% we were seeing just 3-4 years ago. Put another way, $400 less payment a month will buy you a little over $50,000 more house! Right now we are at a time when some homeowners are being a little more open to reasonable offers AND interest rates are at near historic lows. Its a good time to buy a house! Reach out to us with any questions... www.RobLevy.com or 503-906-1444 #Portland Oregon real estate #mortgage interest rates #Top Portland Realtor