FOR THE REAL ESTATE PROFESSIONAL

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

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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.

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Monday, December 24, 2018
Mortgage Rates continue to slide last week, as more and more people sell stocks and put their money into Bonds, thus improving mortgage rates. Economic numbers are all pretty good, but traders are fearful of 2019. It really will not matter what good economic news comes out, the fear has set in, this rates should continue to improve.
Posted by 375loan at 12/25/2018 12:30:00 AM
Monday, December 10, 2018
With the stock market continuing to tank, investors are fleeing to safe haven like bonds, which has been improving mortgage rates for 2 weeks now. Lots of inflation news this week, and also watch China, these are going to be the 2 major rate influences for this week.
 
Posted by 375loan at 12/10/2018 10:52:00 PM
Monday, November 26, 2018

Mortgage rates were pretty much flat last week, but that was hugely STRANGE, as the stock markets totally sold off and typically with that much sell off, Mortgage Bonds would of rallied and rates should of improved, SIGNIFICANTLY. But they did not. Rates are currently worsening. With Consumer Confidence, GDP and Personal Consumption all this week, going to be a rough ride again for rates.

#1stChoiceMortgage #1stChoiceLender#MortgageBrokers #idahome

Posted by 375loan at 11/27/2018 2:22:00 AM
Monday, November 12, 2018

Mortgage rates ended higher last week by 0.02, not much, could of been worse, as the Federal Reserve indicated that they will continue to raise rates, which indicates they see inflation on the horizon.  And inflation is BAD for mortgage rate!

 

If you didn't watch my blog from last week, the link is here, I go over rates a little more:  https://goo.gl/SeY3vC

 

Posted by 375loan at 11/12/2018 11:28:00 PM
Monday, November 5, 2018

Mortgage rates are on a cusp of jumping quite a bit higher, as the 10 year Bond and the Mortgage Bonds are close to making a jump, which would allow rates to jump in to the mid 5%.  We are going to watch Federal Reserve decision on Thusday, not for a rate increase, but for what their policy statement is.  Then on Friday we will have Producer Price Index, or inflation at the producer level, and also this week the US is going to sell of more of our debt, which will influence rates also.  Gonig to be another roller coaster week for rates, with the consensus that rates will increase.

Posted by 375loan at 11/5/2018 10:25:00 PM
Friday, November 2, 2018
Monday, October 22, 2018
Rates jumped again last week, as inflation number set in and we saw some declining housing numbers as well. Federal Reserve also released their notes, and all number point to continued inflation concerns, which is going to make the Fed raise their rates as well. We saw on Thursday a little weakness out of Europe, which prevented rates from even being worse last week. No reason to think rates are going to fall.
 
#1stChoiceLender #1stChoiceMortgage #mortgagebroker #idahome
Posted by 375loan at 10/22/2018 10:32:00 PM
Tuesday, October 16, 2018
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