FOR THE REAL ESTATE PROFESSIONAL

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

Purchase a Home Qualifier  Refinance a Home Qualifier

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.

Search Results
Main
Entries 1-8 of 8
1
Monday, February 18, 2019


Mortgage rates trended higher last week as rumors of a trade deal with China popped up. All eyes will be on China and trade deal. If we get a trade deal, Stocks should shoot up and mortgage rates should also rise. And also watch the Brexit news, this will be a rate influences as well.

 

Posted by 375loan at 2/19/2019 4:22:00 AM
Monday, December 24, 2018
Mortgage Rates continue to slide last week, as more and more people sell stocks and put their money into Bonds, thus improving mortgage rates. Economic numbers are all pretty good, but traders are fearful of 2019. It really will not matter what good economic news comes out, the fear has set in, this rates should continue to improve.
Posted by 375loan at 12/25/2018 12:30:00 AM
Monday, November 12, 2018

Mortgage rates ended higher last week by 0.02, not much, could of been worse, as the Federal Reserve indicated that they will continue to raise rates, which indicates they see inflation on the horizon.  And inflation is BAD for mortgage rate!

 

If you didn't watch my blog from last week, the link is here, I go over rates a little more:  https://goo.gl/SeY3vC

 

Posted by 375loan at 11/12/2018 11:28:00 PM
Monday, June 18, 2018

Rates traded in a very narrow channel last week, with them overall improving just slightly. This was mainly due to Trump and Trade. This week it will again be about Trade and Trump's Tweets. Economic reports this week mainly focus on Housing with Starts, Permits and Existing Home Sales.

Posted by 375loan at 6/18/2018 10:54:00 PM
Tuesday, May 29, 2018

WOW, mortgage rates improved over the last few days, fueled by the major drop in Oil, and our old friend Italy is back in the news with a collapsing economy, which has the potential of taking down the EU. And then Trade Wars are back, with the US threatening 25% tariffs on electronics made in China. And lets not forget Israel & Iran trading shots. All of these items and pushing traders into bonds, which will drive down mortgage rates.

Posted by 375loan at 5/29/2018 10:13:00 PM
Monday, May 7, 2018

Mortgage rates are pretty stuck in a narrow trading band, and really economic news is going to be ignored this week as all eyes are going to focus on Iran and Oil. If Oil takes a spike that will be bad negative for interest rates, because it directly influences inflation, but if there is a hint of a military conflict, then traders will go to bonds, thus balancing out the two trades.

Posted by 375loan at 5/7/2018 9:43:00 PM
Monday, April 23, 2018

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.
Read More...

Posted by 375loan at 4/23/2018 9:50:00 PM
Monday, July 18, 2016

Mortgage rates ticked up last week, after a 3+ year low on July 5th, we have seen rates slowing raise higher on good US economic news and no chaos out of the EU. Conventional rates still in the Mid 3's, while Government rates still in the low 3's.

Posted by 375loan at 7/18/2016 4:22:00 PM
Entries 1-8 of 8
1

LET US SHOW YOU HOW EASY IT IS.

Answer a few SIMPLE Questions and experience why we are always the 1st Choice in Idaho!

Purchase a Home Qualifier Refinance a Home Qualifier

Reviews





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