FOR THE REAL ESTATE PROFESSIONAL

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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, October 7, 2019

Mortgage rates in Boise & Nampa sank just a little last week, as more data is pointing to a recession, and Trump continues to Tweet. Watch the recession news, not the Federal Reserve News, as we see rates continue to slide this week.

Posted by 375loan at 10/7/2019 9:59:00 PM
Monday, September 16, 2019

Rough week for mortgage rates, as economic news all pointed to NO Recession coming causing rate to increase by .30 of a point. This week, with the attack on oil, rates are improving a little, but we will have to see if it is stable or now. We are definitely in a locking mode.

Posted by 375loan at 9/16/2019 10:29:00 PM
Monday, June 24, 2019

Mortgage Rates in Boise & Nampa made a GREAT run lower last week, hitting 24 month lows on Wednesday, only to pull back on Friday. Today we are looking to make a run lower again home loan rates as the news media look towards the 3T again, with Trump Tweeting about Tariffs with a meeting with China coming up. If the meeting goes well, this could spell the end of good rates as any movement in tariffs easing with cause stock market to rally. On the flip side, if Trump storms out of meeting, and Tariffs stay in place we would see a sell off in Stocks and Interest rates would improve. Watch the news!

Posted by 375loan at 6/24/2019 11:37:00 PM
Monday, June 17, 2019

Mortgage rates were up for the Boise, Meridian and Nampa area, just slightly last week, and rates have hit a wall, and it is going to require some pretty big economic or political news to break through it. But for now, rates are at 18 month lows. Be on the watch for what the Federal Reserve says this week, if they indicate a rate cut, our rates will go up and the stock market will rally on that news.

Posted by 375loan at 6/17/2019 11:42:00 PM
Wednesday, June 12, 2019

Numbers are out for May for Ada County, Boise, Meridain, and can I say WOW. Another killer report, with home prices up AGAIN. But homes sold were down, not a negative sign, but a sign of high prices. But June's numbers should be better as Interest Rates have SUNK to 18 month lows, which should spike home purchases!

#Home #Idaho #IdaHome #IdahoHomeLoan #IdahoRealEstate#IdahoMortgage #1st #1stChoiceLender #1stChoiceMortgage #IdahoBroker#BrokersRock #BrokersAreBetter #AdaCounty #CanyonCounty#PayetteCounty #Boise #Meridian #Nampa #Caldwell #Kuna #Eagle#MortgageAdviser #MORTGAGEBROKER #MORTGAGELENDER #AIME

NMLS380736, 4475

Posted by 375loan at 6/13/2019 12:59:00 AM
Monday, June 10, 2019

Mortgage rates slide again last week, although giving some of it back today. Pending the 3T's (Trump, Tweets & Tariffs), most of the economic news should be mortgage rate friendly this week. We are seeing conventional hovering in the high 3's and government (FHA/VA/USDA) in the mid to low 3's.

 

 

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NMLS380736, 4475

Posted by 375loan at 6/10/2019 10:44:00 PM
Monday, June 3, 2019

VERY nice improvement last week on mortgage rates, and we are seeing the trend continue this week. The positive side to the 3T's (Trump, Tweets & Tariffs) is rates are improving, alot. The down side is the 3T's are rolling us towards a recession.

 

 

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NMLS380736, 4475

Posted by 375loan at 6/4/2019 2:36:00 AM
Tuesday, May 28, 2019

Mortgage Rates posted a very nice improvement last week, all based on Trump, Tweets and Tariffs. Economically, the numbers were good, but traders are fearing China's next move, and thus traders are selling stocks and putting their money into safe havens like Mortgage Bonds. We are carefully floating this week and the 3T will be influencing rates more than anything else.

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NMLS380736, 4475

Posted by 375loan at 5/28/2019 11:23:00 PM
Monday, May 20, 2019
Mortgage rates worsened last week, as traders are looking at what China will do in the latest trade war. China is hold $1.1 Trillion in US debt, albeit a fraction of our $22 Trillion in debt, they could start to sell or not buy, which would cause rates to jump, this IS the thing to watch. Also this week we have housing numbers, the Federal Reserve minutes and Durable good. And it is a short trading week along with a holiday weekend. Going to be a rough week for rates.
 
#Home #Idaho #IdaHome #IdahoHomeLoan #IdahoRealEstate #IdahoMortgage #1st #1stChoiceLender #1stChoiceMortgage #IdahoBroker #BrokersRock #BrokersAreBetter #AdaCounty #CanyonCounty #PayetteCounty #Boise