Rent Increases!

Welcome to your Local Mortgage Report. My name is Lauren Hatmaker.

Have you heard how much a landlord can raise rent in Oregon this year?

The answer is almost 15%!

In 2019, as you may remember, Oregon’s law changed to allow landlords to increase rent at a max CAP of 7%, plus the West Coast Consumer Price Index, which measures inflation.

We all know inflation remains high – and this is a direct result.

A family friend recently contacted me after their landlord raised their rent by $300.

When we spoke a couple of years ago, they set up a budget, they’ve tracked their expenses, and they prioritized saving a down payment.

NOW – they’re ready to buy.

If you are tired of paying your landlord’s mortgage, call us today –

WE MAKE IT EASY.

Join us again – every Wednesday – during the 6:30 news for your Local Mortgage Report.

Lauren Hatmaker
Direct: 541-510-8428
Office: 541-972-8620
NMLS 1433297
Lauren@EugeneBrokers.com
www.EugeneMortgageBrokers.com