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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.
GREAT new down payment program, rural development income limits in idaho raise.
Mortgage rates starting off higher
Trump election shocks the mortgage interest rate market, and Nevada legalizes pot.
With elections a day away, rates are going to be influenced by economic data now, up until the Federal Reserve makes their announcement on December 14th. Which we expect a minmum .50% increase in the Fed Funds rate. Mortgage rates are trending up, and should continue to rise.
In this blog, rates ticked up last week, due to some pretty good economic news, and Realtors should play it safe, in advertising and in showing homes.
New area code for Idaho will affect you, be prepared for the change, CFPB gets they ***** handed to them, and rates worsen this week.
Rural development loans have changed as mortgage rate increase
Mortgage rates sank a little last week, as the Federal Reserve surprised everyone by NOT raising rates. We has had Germany go negative on their rates. Both caused the US Bond to be purchased, thus lowering our mortgage rates.
Trending data is being released next weekend, will it affect you?
Mortgage rates in Idaho are down just a tick last week, but this week we have started off even lower, We will probably stay pretty close to where we are for about 2-3 weeks, in anticipation of Federal Reserve meeting towards the 3rd week of the month.
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This material is not from HUD or FHA and has not been approved by HUD or any government agency.
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