More data and look at Canyon County! Nampa home prices up 16.8% and Caldwell up 17.7%. And we still have people waiting. Purchase a home in 2018, you now have 17.7% in equity. OR on the flip side, waiting to purchase, the home you wanted is now 17.7% more. Need a Realtor to help you out, call ME, I have some of the BEST Realtors in Idaho I can refer you to!!!

In this Blog:

• Mortgage rates are going up
• Rocket Homes?
• Down Payment Assistance update
• more!!!!

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:

• Mortgage rates improve this week
• New Loan Programs
• Zillow news
• Flood Zone Information

In this Blog:
-Ada & Canyon County updated Flood Maps
-Difference between a Flood plain and a Flood Way.
 

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

Home Loan Mortgage rates were almost flat last week, as the stock market gave back a little and bond traders socked the money into bonds.  But don't think this is a reversal of mortgage rates, we are still anticipating rates to be in the 5% by end of March.

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

Mortgage rates last week were pretty much flat on a couple of news articles out of Washington.  The first is the tax reform bill, bond and stock traders are holding their breath to see what is in the actual bill and how it will affect companies.  No one cares about individual tax reform, it is not about the personal taxes, it is ALL about business taxes. 

The final thing that kept rates down was the government running out of money, and over the weekend they kicked the can down the road for another couple of weeks.

Both of these items are going to be in the headlines until they are finally passed, which at that time, will cause rates to become VERY volitile.  Not worth waiting for, lock'em.