Stepping Stone Mortgage

Stepping Stone Mortgage ML-3770 NMLS 235749 We pride ourselves on providing superior customer service and creating satisfied customers.
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We work hard to satisfy the mortgage needs and exceed the expectations of our customers. Stepping Stone Mortgage is a full service mortgage company with one of the most experienced staff, offering expertise in every area of mortgage lending, from purchase to refinance to construction lending and reverse mortgages. We have access to a full range of mortgage sources and all of our lending specialist

s are dedicated to finding the right loan, with the best rates, terms and costs, and meet our client's unique needs.

Home Builder Sentiment (October 2024)While home builder confidence remains below 50 in contraction territory, it has now...
10/22/2024

Home Builder Sentiment (October 2024)
While home builder confidence remains below 50 in contraction territory, it has now risen for two straight months after declining throughout the spring and summer. All three index components also improved, and the large, 10-point gap between Future and Current Sales Expectations points to rising optimism about the effect of lower rates.

Your low rate on your mortgage is great, but what about all the other debts you may have i.e. credit cards, auto loans, ...
10/10/2024

Your low rate on your mortgage is great, but what about all the other debts you may have i.e. credit cards, auto loans, student loans, etc.. Maybe it is more about cash flow than interest rates? If you have lots of equity in your home, maybe consider a debt consolidation loan. Look at your total monthly payments, and let's see it we can save you more money each month. Give me a call at 541-683-3300 or 541-517-5128 or [email protected]. Let me run the numbers for you and start saving today!!

BLS Jobs Report (September 2024)Job growth was well above estimates in September, as the BLS reported that 254K new jobs...
10/04/2024

BLS Jobs Report (September 2024)
Job growth was well above estimates in September, as the BLS reported that 254K new jobs were created versus the 140K that were forecasted. Revisions to previous data for July and August also added 72K jobs from those months combined, while the unemployment rate fell slightly to 4.1%.

Personal Consumption Expenditures (August 2024)The Fed’s favorite measure of inflation, Core PCE, saw a slight increase ...
10/01/2024

Personal Consumption Expenditures (August 2024)
The Fed’s favorite measure of inflation, Core PCE, saw a slight increase of 0.1% from July to August. On an annual basis, Core PCE rose from 2.6% to 2.7%, remaining near the slowest annual pace in over three years.

Do you want to take advantage of the recent drop in mortgage interest rates? Check your credit scores! Credit scores are...
09/19/2024

Do you want to take advantage of the recent drop in mortgage interest rates? Check your credit scores! Credit scores are one of the top determining factors in your interest rate. Federal reserve just reduced the discount rate by .50%, and maybe more in the very near future. Act today!!
Contact me if you have questions, or need help. 541-683-3300 office or email me at paul@steppingstonemortgage.

Consumer Price Index (August 2024)Inflation continues to make progress as the headline Consumer Price Index eased to 2.5...
09/16/2024

Consumer Price Index (August 2024)
Inflation continues to make progress as the headline Consumer Price Index eased to 2.5% YoY in August from 2.9% in July, reaching its lowest level since February 2021. Core CPI (which removes food and energy prices) held steady at 3.2% YoY due in large part to shelter costs. These crucial readings keep the Fed on track for cutting rates at their meeting on September 18. Interest rates continue to get better. Call me to get a quote to purchase or refinance. 541-683-3300

Always praying for his blessing...but especially today!!
09/11/2024

Always praying for his blessing...but especially today!!

Don't Ignore the 'Cost of Waiting' to Buy a HomeWould you like an extra $24K of net worth in a year? How about an extra ...
09/10/2024

Don't Ignore the 'Cost of Waiting' to Buy a Home
Would you like an extra $24K of net worth in a year? How about an extra $100K over 5 years? If you're thinking about buying a home, don't ignore the 'cost of waiting.' Not only do you miss significant capital appreciation when home prices rise, you'll also pay more for the home later. Ready to look at buying a house. Call me to get pre-approved and go shopping. Office 541-683-3300 Cell 541-517-5128 Email [email protected]

ADP Employment Report (August 2024)Private sector job growth was well below forecasts in August, as employers added 99K ...
09/05/2024

ADP Employment Report (August 2024)
Private sector job growth was well below forecasts in August, as employers added 99K new jobs versus the 145K that were expected. This was the fifth straight month that job growth slowed among private employers, while small businesses once again reported job losses. This labor sector softening should be supportive of a Fed rate cut at their meeting on September 18.

Pending Home Sales (July 2024)Pending Home Sales (signed contracts on existing homes) plunged 5.5% from June to July, as...
08/29/2024

Pending Home Sales (July 2024)
Pending Home Sales (signed contracts on existing homes) plunged 5.5% from June to July, as the index hit its lowest level in a year. However, NAR’s Chief Economist, Lawrence Yun, noted that “current lower, falling mortgage rates will no doubt bring buyers into market.

If you are thinking of buying a house soon, or looking to refinance your home to consolidate debts, it is crucial that y...
08/22/2024

If you are thinking of buying a house soon, or looking to refinance your home to consolidate debts, it is crucial that you ensure your credit scores are at a high level. Credit scores are one of the most important components in determining your interest rate, and if you are buying a house, it will have an affect on your affordability. It's not rocket science, it just takes common sense. AND, it is important to see your complete credit report, not just one from a website or your credit card. These are not complete or comprehensive reports. Call me if you have questions, or need help. 541-683-3300 or 541-517-5128. Or, email me at [email protected]

Fed lets the cut out of the bagNo reading between the lines here! The notes from the Fed's last meeting were explicit ab...
08/21/2024

Fed lets the cut out of the bag
No reading between the lines here! The notes from the Fed's last meeting were explicit about "likely" upcoming rate cuts. And remember, that meeting happened BEFORE: 1) the July CPI came in lower than expected, and 2) the 818K downward revision to jobs growth from the March 2024 QCEW report. Call, or email me about buying a new home while there is good inventory available, or maybe you need to refinance to consolidate debt and reduce your monthly cash flow. 541-683-3300 or [email protected]

Address

1140 Willagillespie Road, Suite 13
Eugene, OR
97401

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+15416833300

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Our Story

Stepping Stone Mortgage is a full service mortgage company with one of the most experienced staff, offering expertise in every area of mortgage lending, from purchase to refinance to construction lending and reverse mortgages. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan, with the best rates, terms and costs, and meet our client's unique needs.