Portland Mortgage Broker

Welcome to Portland Mortgage Broker! We’re striving to make this site your premier source for information about how local loan rates and home values are being impacted by the challenges of credit problems and housing market issues you hear about in the news. On this site, Greg will tutor the first time home buyer through the purchasing process, while at the same time providing 2nd- and 3rd-time home buyers with more advanced information about the tax implications of various mortgage strategies.

For most of us, our home generally represents the most expensive asset we will acquire over the course of our lifetimes. As many of us have seen, investor frenzy and “irrational exuberance” have thrust some out-of-state markets to such impressive peaks that they really have no choice but to fall aggressively back towards their long-term averages. Some say it’s only a matter of time before the same phenomenon strikes the Portland-Vancouver real estate markets, and are even trying to persuade home buyers to wait for things to “come back down”.

This Portland Mortgage Broker site is a place to find current information about local Portland mortgages and home prices from reputable sources such as CNBC, the OFHEO (Office of Federal Housing Enterprise and Oversight), and Fed Chairman Ben Bernanke, as well as others. Nowhere else on the internet or in print can you find empowering local mortgage information all in one place. The fact remains that the current national economic “crisis” has created a unique environment where mortgage rates on some products have dropped once again to 35-year lows, and a 30-year fixed mortgage in Portland may be once again be secured at less than 6%. Of course, this environment only serves to highlight the importance of working with an informed, knowledgeable mortgage broker in Portland who can best advise you how to structure the mortgage of your house in Portland and not send you to one of the 120 lenders who have gone out of business since late last year.

Now for the legalese. Portland Mortgage Broker is a subsidiary of GWD Investments, LLC, operated by me, Greg Downey. I am a Senior Mortgage Planner for a Portland mortgage company, Town & Country Home Loans, Inc. at 10228 SW Capitol Hwy in Portland, 97219. It is my hope that after educating yourself with the information on this site or by calling me, you will come to know me as a friend and trust me as your “mortgage planner for life”. If you have any questions about what you’ve read here, please feel free to call me on my cell phone at 503.515.6187. I am generally available 7 days a week between the hours of 7:30AM and 9PM, and loves talking about mortgages and the housing industry in Portland.

Please do call me on my cell phone at 503.515.6187 to discuss your Portland area mortgage needs. I serve Portland, Beaverton/Aloha, Gresham, Tigard, Vancouver and the surrounding areas.