In this Blog:
-Mortgage rates simmer this week.
-Do Realtors need another License?
-USDA Rural Development income limits increase.

Mortgage rates up last week, but not as much as they could of been. All eyes are going to be on 3 items this week. 1-Trump summit, if things good good, rates will worsen. 2-Fed Meeting on Wednesday, .25 is baked into rates but it will be the comments that will touch off rate increase or decrease. And 3rd, European and Japanese Reserve Banks will all comment his week as well. It should not be a great week for rates.

With Spain and Italy cooling off, and the threat of higher tariffs, inflation is back in the news. Traders are looking towards more economic reports this week to guage inflation again. We are seeing rates trend back up, but this could all change with 1 tweet.

In this blog:
Rates stable, with slight improvement, Fall out lending programs, IHA loan limits, Realtor marketing idea

And rates continue to worsen, this will make 2nd week in a row rates have increased, and right now there is no sign of stopping. Lots of inflation news and the 10 year Bond it almost over the 3% mark, which is all trending towards another step towards 5%. REALLY watch Monday's PCE or Personal Consumption Expenditures data, this is a major inflation number and one the Fed will really look at.
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