Mortgage rates raise for the 3rd straight week, caused mainly by the US Stock Market.  Investors are focusing and not wanting to be left out of record gains in the stocks, while we are not seeing much conflict between Trump and North Korea.  Today we are pretty flat, as the Federal Budget is shut down and stocks are trying to figure out when it will be open up.  I anticipate flat rates until the Congress and the President acts.  Once that happens, hopefully today, they we will probably see stocks continue their rally and interest rates continue to go up.

Mortgage rates continue to climb for home loans in Boise and surrounding Idaho.  We are seeing less investment and more and more traders are pulling their money out of Bonds and into the red hot stock market.  This is going to continue until we start to get earnings from companines and traders start to see just how much the new Federal Tax plan affects the bottom line and profits.

We are also seeing quite a bit of cooling on the Korean Pensula, as the tit for tat between Rocket Man and Trump seem to be on simmer, probably due to the Olympic Games.  So we will see what happens once the games end.

Mortgage rates worsened a little last week, as the stock market continues to hit all time highs, forcing bonds higher, and thus taking mortgage rates higher. Upcoming events to watch out for, US Budget and Winter Olympics in Korea. US also moved another aircraft carrier towards Korea.

Mortgage rates dipped for 2017, changes to mortgage for 2018, Realtor idea!

After a crazy roller coaster week, all focused on Senate Tax Reform Bill, interest rates ticked up, just a little.  This week will focus on Reconciliation of the 2 Tax Bills, along with N. Korea.  Final Bill that will be sent to the President will more than likely cause a pretty good rally for stocks, thus selling of Bonds, thus higher interest rates.  But War with N. Korea will cause just opposite affect.

Mortgage loan amounts reduced, Rule changed from the CFPB, listing resource and rate are volitile, more in the blog

Mortgage rates slide down last week, as Congress didn't pass tax reform and the short week caused some stocks to sell off.  The next 4 weeks, until the end of the year is going to be VERY interesting, as the market anticipates the Tax Reform Bill and investors are getting more and more concern about a Stock Market Correction.  The talking heads all anticipate some sort of correction with people call for a 10% correction, which would be GREAT to Mortgage Rates.

Mortgage rate tick up a little, due to the Senate releasing their tax bill, although slightly different from the House Bill, the feeling is they can work their differences out in Reconsiliation.  We expect rates to keep in this trading band until the final bill is sent to the President.  
That is unless N.Korea does something stupid.

Mortgage rates improved a little last week, as Spain goes  through a little chaos and the Tax Reform Bill isn't what it was all cracked up to be.  This week we are starting out with rates improving a little.  But all eyes will keep on 3 items, Spain, N. Korea and the Tax reform bill.
 

VA Veterans are allowed to purchase another home, if they have enough entitlement.  Also Reverse Mortgage for purchase and closing costs question answered.