In today's real estate market, downsizing to a smaller home is becoming a more popular choice for many. Whether you're a first-time homebuyer, looking to reduce living expenses, or transitioning into a simpler lifestyle, purchasing a smaller home can offer numerous benefits. However, it's crucial to approach this decision with careful consideration. Here are the top 5 things to keep in mind when buying a smaller home to ensure you make a choice that fits your lifestyle and needs.

Mortgage rates in Boise simmering.

Mortgage rates ticked up last week. With us up .05 of a point and that is .10 for the last 2 weeks. It is all about China and Trade, again. As the stock market is rolling and hitting new highs each week, investors are putting their money into Stocks and out of Bonds and Mortgage Backed Securities. Again, no use talking about technicals or data (although new home sales were up 1.3% M/M) and traders are going to focus on Trump, Tariffs & Tweets over the next 2 weeks.

Also, don't forget:

• VA removed ALL Loan limits as of 1/1/2020.
• FHA loan limits are now $366,850,
• Conventional Loan limits are $510,400,
• High Balance Conventional is $765,500, and
• Jumbo is anything over $765,501 Merry Christmas to you all!

In this Blog:

• Mortgage rates heading for high 5%'s
• Fannie mae tightening underwriting guidelines
• Manufactures home are not scary.

Rates trend lower this week in Idaho, and what to watch out for when purchasing manufacture home.

In this Blog:
-Rates heading ffor 5's
-Thanks Maxine Waters!
-Lead Generator

In this Blog:
-Rates tick up again
-Text Messaging Policy?
-Selling Personal items.
-Lead Generator
-CE Class