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A service of Curtis Frye, curtisfrye@johnlscott.com.

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  August 12, 2009

Mortgage rates have inched higher as the summer's worn on. Even though the Federal Reserve Board left the benchmark rate unchanged in their most recent meeting, we're not likely to stay at these historically low rates when the economy picks up. If you're in the market to buy a house within the next 90 days and are pre-approved, you should check with your lender about how long you can keep a rate that you lock in now.
   
  Curtis Frye, Broker
John L. Scott - Woodstock
4111 SE Woodstock Blvd.
Portland, OR 97202

Voice: 503.880.1638
Email: curtisfrye@johnlscott.com