Credit Info Calculators Prequalify
KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE
Purchase a Home Qualifier Refinance a Home Qualifier
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.
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.
Mortgage rates are trending lower as traders are still trying to digest Friday's Job Numbers. Was it low because business are not hiring or was it low because there are no workers. I am of opinion of the latter, the US is at full employment, and thus wages are going to have to increase, thus inflation, and inflation is bad for Rates. Today, we have Trump Tweeting about various items which is causing rates to decrease. I am pretty cautious this week, as rates are in a position to break out and increase, but watch out on Trade Tweets. Special note, we do get CPI or Consumer Price Index, which is gauge on inflation, all eyes will be focused on this report this week.
#1stChoiceLender #1stChoiceMortgage #MortgageBrokers
Answer a few SIMPLE Questions and experience why we are always the 1st Choice in Idaho!
FHA 500 FICO Score Loan VA 500 FICO Score Loan Credit Challenged Loans Rural Development Loans Boise City Housing Down Payment Appraisal Reconsideration Reverse Mortgage to Purchase Home
1st Choice Mortgage Company, LLC | NMLS #380736 3023 E. Copper Point Dr., Suite 101, Meridian, ID 83642 | View Map
Facebook Link Twitter Link Google
Phone: (208) 375-5626 Fax: (208) 375-5970
Prequalify | Apply Now Calculators Apply for a Refinance Apply for a Home Loan Apply for a Veterans loan Apply for a Rural Dev Loan
Idaho Housing Home Loans Home Buyer Grants Down Payment Assistance FHA Home Loans Veterans Home Loan USDA Home Loan
Rent vs. Own New Home Owner Checklist 5 Steps to Repair Credit Credit Scores
This material is not from HUD or FHA and has not been approved by HUD or any government agency.
We are able to help people in Boise, Meridian, Nampa, Caldwell, Idaho Falls, Couer d'Alene, and all over idaho! We are the Best Local Mortgage Lender.