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

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

In this Blog:

• -Mortgage rates improve, a little.
• -Realtors & CLUE List.
• -FREE Appraisal report

In this Blog:

• Rates Stablize for now
• The end is near?
• The end is near, version 2
• Marketing Idea

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

Mortgage rates ticked up again, for the 3rd Straight week. With focus again on inflation, Federal Reserve unwinding of their bond purchase and slower retail sales. This week we will have lots of housing data coming in as well as more tariffs. Probably another bad week for bonds and mortgage rates.
#1stChoiceMortgage #1stChoiceLender #MortgageBroker