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.

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Monday, August 5, 2024

Hello, Idaho friends! Whether you're nestled in the Treasure Valley or enjoying the scenic views in Eagle, the question of refinancing your mortgage might pop up more often than spotting a potato truck on I-84. Let's break down when to consider refinancing and the four crucial things to think about before taking the plunge.

Posted by 375loan at 8/6/2024 2:50:00 AM
Wednesday, June 5, 2024

The housing market in Idaho has been experiencing significant changes over the past few years. Whether you’re a current homeowner or looking to buy a home in Idaho, understanding these trends is crucial for making informed decisions. As a loan officer in Idaho and someone deeply involved in the real estate industry, I want to share some key insights and trends that are shaping the housing market in 2024.

Posted by 375loan at 6/6/2024 2:20:00 AM
Wednesday, December 13, 2023

federal reserve, mortgage ratesIn a move that caught many by surprise, the Federal Reserve's recent decision has led to a noticeable drop in mortgage rates. This development is a game-changer for potential homebuyers and current homeowners alike. In this post, we delve in

Posted by 375loan at 12/14/2023 4:31:00 AM
Thursday, October 26, 2023

Mortgage rates and home prices are two of the most important factors to consider when buying a home. In 2023, both mortgage rates and home prices have been rising, making it more difficult for buyers to afford a home.

So, what can buyers expect in 2024? Here is a look at the latest projections for mortgage rates and home prices:

Posted by 375loan at 10/27/2023 2:40:00 AM
Monday, October 16, 2023

Mortgage rates have been rising steadily in recent months, reaching a 20-year high in October 2023. This is due to a number of factors, including inflation, the Federal Reserve's efforts to raise interest rates, and strong demand for housing.

While rising mortgage rates can make it more expensive to buy a home, they are still relatively low by historical standards. And there are a number of things that homebuyers can do to offset the impact of higher rates.

Posted by 375loan at 10/17/2023 2:10:00 AM
Tuesday, August 22, 2023

According to the Intermountain Multiple Listing Service (IMLS), the Boise housing market showed a mixed bag of factors in June and July 2023.

Posted by 375loan at 8/23/2023 12:01:00 AM
Monday, December 30, 2019
Monday, December 23, 2019

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!
Posted by 375loan at 12/24/2019 12:22:00 AM
Monday, December 16, 2019


Mortgage rates in Idaho worsened last week, as the Trump Admin and China looks like they have made a trade deal, or atleast Phase 1.  I indicated a few months back that I felt the closer we got to the election the more likely a trade deal would get done.  I really feel that this deal was pushed up to front run the impeachment hearings...but what ever.

The bond market and stock market really are not looking at economic numbers and is focusing on Trade, so no use speaking about numbers today (housing, unemployment, inflation).  I will speak about the pending recession, when ever that may happen.  Two talking heads spoke last week, pushing the recession out of 2020 and into 2021, and with the pending Trade Deal, 2020 is looking REALLY GOOD for economic growth.

Watch for the details to come out of the Trade Deal, this will really either set the stock market on FIRE, and thus mortgage rates will continue to go up.  OR if it is like the deal with Mexico/Canada, which is flaking out, then we could see stocks sell off and mortgage rate improve.

Posted by 375loan at 12/16/2019 10:50:00 PM
Tuesday, October 29, 2019

Mortgage rates worsened again last week for Boise & Nampa, and through yesterday. The main cause is the potential of getting a trade deal with China AND the potential of the Federal Reserve lowering rates this week. YES when the Federal Reserve lowers their rates, historically mortgage rates go up.

Posted by 375loan at 10/29/2019 9:51:00 PM
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