With all of the uncertainty in the markets, high inflation and gas prices, and rising interest rates, Cascade Business News reached out to some of our local banking professionals to get their perspective on the coming months and year. See what Cheryl Cauthon, Branch Manager at the Old Mill and West Bend branches had to say.
On this edition of Oregon Rainmakers, KLCC talks with Tiffany Washington, Executive Vice President of Finance & Operations for SELCO Community Credit Union. The conversation involves SELCO but also a wider discussion about finance and the economy.
Central Oregon sellers may find that they’re not getting multiple offers within days of listing their homes for sale, but that doesn’t mean the market is turning in favor of buyers. It does indicate, however, that a transition is building from a seller’s market to a more balanced real estate market.
Since 2020, SELCO has partnered with Liberty House to sponsor Eli the therapy dog. Eli, an 8-year-old Labrador retriever, provides comfort to children who may have been abused or neglected.
The Federal Reserve's half-point rate cut in September was welcome news to those considering buying or refinancing a home. But there's much more to it than just rates. SELCO Mortgage Loan Officer discusses what all you should consider before taking the homebuying or refinancing plunge.