Lake Oswego Real Estate Oregon Financing Update

After equities rebounded in Thursday’s session, we opened Friday morning with most major indices across Asia, Europe, and the U.S. posting more positive results. In turn, Treasury yields have traded back higher, as we close out what has been a rather volatile week. After the continued “political bombs” hit the tape one after the other this week, Friday gave us a bit of breather with an empty-data day.

Looking ahead to next week, the calendar will include a good mix of eco data and Fed activity, primarily starting with Wednesday’s release of the FOMC Minutes, followed by GDP and Durable Goods Orders on Friday.

Interest Rates

Looking at interest rates, it’s probably a little too early to tell what exactly lies ahead in the coming week(s). We think a slight consolidation was justified, especially after seeing such a strong move lower in yields primarily driven off of political headlines. Going forward, we think the market will now work itself more into a “sideways” motion, that is, until the next big headline hits the newswires. We are marking a short-term range for the 10yr at ~2.17-2.26% and we can expect that range to continue into next week. While we see the 2.17% mark as more of a “minimum” target, the larger time frame charts point to a ~1.92% low.

Given all of the crosscurrents in DC, combined with a lot of very mixed economic data on a global basis, we wouldn’t at all be surprised to see another stronger push lower in rates. That said, we all need to be careful with how volatile this market is and how fast it can turn … keep in mind that we are only one headline from going the other direction to higher rates. Bottom line and our current bias, when the market gives you an opportunity, take it and move on.

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SEARCH FOR REAL ESTATE

There are links above to search for real estate.  I have a new website where you can search or you can use my mobile phone app as well. My website and mobile app provide you with access to all listings available on the RMLS™ system regardless of who the listing agent or brokerage may be. Listings are updated frequently throughout the day giving you the information you need, when you need it.

Thinking of Selling Your Lake Oswego Home?

Prices are increasing at a fast pace in Lake Oswego. Interest rates are still low but are increasing, and there is still a huge pool of buyer demand. I have ready, willing and able buyers ready to purchase your home. If you want to know the value of your home in today’s real estate market, please call me at 503-804-9685.

Moving to Lake Oswego?

Want to know more about Lake Oswego? I’d love to be your buyer’s agent, please give me a call at 503-804-9685.

I have worked in Lake Oswego as a Real Estate Broker since 1978 and have lived in Lake Oswego since 1988 and know all the neighborhoods! The real estate market is “hot” here in the Portland metro area and Lake Oswego. I am ready to assist you with all your real estate needs! “There is no substitute for experience.”

ALL ABOUT…..Lake Oswego Real Estate. Copyright 2008-2018. Betty Jung. All Rights Reserved. Use of this article, photos and images without permission is in violation of federal copyright laws.

 

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