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FHA Home Mortgage Limits go up in Idaho!

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.

 

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

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
 

In this Blog:
* Turkey & Mortgage Rates
* Bad Loan Approval Letters
* Recasting a Loan
* Appraisal Waivers

In this Blog:

• FHA News about Mortgage insurance
• Realtor stealing drugs.
• Mortgage rates
• Social Median Postings

In this Blog:
FHA mortgage insurance to be reduced?
Refiance mortgage and pay off Student loans.
Lead generator for Realtors
Down Payment Assistance for Boise homes.