FOR THE REAL ESTATE PROFESSIONAL

KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE

FREE Exclusive Mortgage Rate Newsletter

For the Real Estate Professional

This site is dedicated to informing the Real Estate Professional. I Blog each Friday, to keep you informed of upcoming changes, statistics, rates and lending news.  There is also links to program brochures on the right, as well as charts and news to keep informed.

Reviews





1st Choice Mortgage Company, LLC BBB Business Review, boise, nampa, caldwell, kuna, eagle

Search Results
Main
Entries 1-10 of 73
1 2 3 4 5 ... 8 | Next
Tuesday, December 10, 2019
Monday, January 7, 2019

Another GREAT week for rates, as we have seen rate trend lower for 9 weeks! We are going to because a little more cautious as Trade talks with China seem to be making progress and there might be a little give/take in government shutdown.

 
Posted by 375loan at 1/7/2019 11:32:00 PM
Monday, December 17, 2018

With the sell off last week in stocks, it was anticipated at rates would improve nicely, but when it all settled, we have just a slight improvement. This week is HUGE as we have the Federal Reserve on Wednesday and LOTS of data on Friday, right before a major holiday. Will the Fed Raise rates (which would be good for us) on Wednesday, or wait until January? This week is going to be rough.

 

Posted by 375loan at 12/17/2018 9:22:00 PM
Tuesday, October 16, 2018
Monday, October 15, 2018

Mortgage rates pretty much took last week off, and the stock market battled with a sell off. But this is an issue, typically, when stock tank, investors put their money into Bonds, and they did NOT last week. Lots of economic data to digest this week, mainly focusing on Housing. Still no reason to float rates, they are continuing to go up!

Posted by 375loan at 10/16/2018 4:22:00 AM
Monday, October 8, 2018

Let's put it simple, rates sucked last week. We had wayyy to much inflation news last week, and it saw a major sell off of bonds, thus rate rose over .25 last week. This week, we are anticipating much of the same, economic news is going to be focused on inflation again, there is no reason to think rates are going to go back under 5.00%, we can say Good Buy to the 4's.


 
Posted by 375loan at 10/9/2018 12:51:00 AM
Friday, October 5, 2018

In this Blog:
-Mortgage rates worsen, more than last week.
-Mortgage Fraud on the rise
-Appraisal Waivers
-Marketing Idea!

Posted by 375loan at 10/6/2018 12:41:00 AM
Monday, October 1, 2018


Mortgage rates got a reprieve last week, but only because Italy can't get its act together, if it wasn't for that, rates would of worsened for the 5th week in a row. We are still at highest levels since September 2011. This week is a biggy, with wage inflation on everyone's mind. I suspect a tepid week, until Friday when we see unemployment numbers and wage inflation numbers.

 

Posted by 375loan at 10/1/2018 11:12:00 PM
Monday, September 24, 2018

For the 4th straight week, mortgage rates have climbed, but last week we say rates tick to that 5.00% mark for some borrowers. This week it should be all about market data, but so far, the start of the week, it is all about Trump. I suspect with Trump in the news, rates will stabilize, but if the markets start looking at economic news, we will trend higher again.
#1stChoiceLender #1stChoiceMortgage #mortgagebroker #idahome
 
Posted by 375loan at 9/25/2018 12:38:00 AM
Monday, September 10, 2018


Mortgage rates are still trending up, as last weeks wage inflation numbers was not pretty. This week we also have more wage inflation in the Consumer Price Index or CPI, which will really dictate rates. This will be the most looked at report this week. We also have the US selling debt in the form of Treasury auctions that will play a roll in rates as well. Anticipating rates worsening this week.
#1stChoiceLender #1stChoiceMortgage #mortgagebrokers
 

Posted by 375loan at 9/11/2018 12:08:00 AM
Entries 1-10 of 73
1 2 3 4 5 ... 8 | Next