FOR THE REAL ESTATE PROFESSIONAL

KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE

FREE Exclusive Mortgage Rate Newsletter

For the Real Estate Professional

This site is dedicated to informing the Real Estate Professional. I Blog each Friday, to keep you informed of upcoming changes, statistics, rates and lending news.  There is also links to program brochures on the right, as well as charts and news to keep informed.

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1st Choice Mortgage Company, LLC BBB Business Review, boise, nampa, caldwell, kuna, eagle

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Monday, October 22, 2018
Rates jumped again last week, as inflation number set in and we saw some declining housing numbers as well. Federal Reserve also released their notes, and all number point to continued inflation concerns, which is going to make the Fed raise their rates as well. We saw on Thursday a little weakness out of Europe, which prevented rates from even being worse last week. No reason to think rates are going to fall.
 
#1stChoiceLender #1stChoiceMortgage #mortgagebroker #idahome
Posted by 375loan at 10/22/2018 10:32:00 PM
Tuesday, October 16, 2018
Monday, October 15, 2018

Mortgage rates pretty much took last week off, and the stock market battled with a sell off. But this is an issue, typically, when stock tank, investors put their money into Bonds, and they did NOT last week. Lots of economic data to digest this week, mainly focusing on Housing. Still no reason to float rates, they are continuing to go up!

Posted by 375loan at 10/16/2018 4:22:00 AM
Monday, October 8, 2018

Let's put it simple, rates sucked last week. We had wayyy to much inflation news last week, and it saw a major sell off of bonds, thus rate rose over .25 last week. This week, we are anticipating much of the same, economic news is going to be focused on inflation again, there is no reason to think rates are going to go back under 5.00%, we can say Good Buy to the 4's.


 
Posted by 375loan at 10/9/2018 12:51:00 AM
Monday, October 1, 2018


Mortgage rates got a reprieve last week, but only because Italy can't get its act together, if it wasn't for that, rates would of worsened for the 5th week in a row. We are still at highest levels since September 2011. This week is a biggy, with wage inflation on everyone's mind. I suspect a tepid week, until Friday when we see unemployment numbers and wage inflation numbers.

 

Posted by 375loan at 10/1/2018 11:12:00 PM
Friday, September 7, 2018
Monday, August 27, 2018
Mortgage rates last week were pretty much flat, as there was hardly any unexpected news and all data came in as expected. Fed did say they are going to continue to increase rates so I would say 100% of a September .25 and 90% of another .25 in December. Quite a bit of economic news this week, including a bunch of inflation numbers. AND more important news about NAFTA.
Posted by 375loan at 8/27/2018 10:07:00 PM
Monday, August 20, 2018

We started last week with a nice improvement with Rates, then things cooled off in Turkey and we gave most of the improvement back, managed to squeak out a slight rate improvement. Over the weekend Turkey's bonds got cut to Junk status, thus putting EU banks in a little trouble. Money is moving from EU to the US and will keep our rates improving. Trump Tweets off the table, rates are all about Turkey now, and watch out for news from Italy...again, which might improve our rates also.

Posted by 375loan at 8/20/2018 10:02:00 PM
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