For the Real Estate Professional

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.

Boiose Mortgage Rates ticked up slightly again last week, as there is more talk about a trade deal with China. If the US does get a trade deal with China, the talking heads are saying this could eliminate the Recession potential, and actually bring back a RED HOT economy, this bring back Inflation, and Inflation is BAD for mortgage rates. Keep watching the headlines: Trump, Tweets & Tariffs.

Mortgage rates in Boise & Nampa sank just a little last week, as more data is pointing to a recession, and Trump continues to Tweet. Watch the recession news, not the Federal Reserve News, as we see rates continue to slide this week.

Rough week for mortgage rates, as economic news all pointed to NO Recession coming causing rate to increase by .30 of a point. This week, with the attack on oil, rates are improving a little, but we will have to see if it is stable or now. We are definitely in a locking mode.

Mortgage Rates in Boise & Nampa made a GREAT run lower last week, hitting 24 month lows on Wednesday, only to pull back on Friday. Today we are looking to make a run lower again home loan rates as the news media look towards the 3T again, with Trump Tweeting about Tariffs with a meeting with China coming up. If the meeting goes well, this could spell the end of good rates as any movement in tariffs easing with cause stock market to rally. On the flip side, if Trump storms out of meeting, and Tariffs stay in place we would see a sell off in Stocks and Interest rates would improve. Watch the news!

Mortgage rates slide again last week, although giving some of it back today. Pending the 3T's (Trump, Tweets & Tariffs), most of the economic news should be mortgage rate friendly this week. We are seeing conventional hovering in the high 3's and government (FHA/VA/USDA) in the mid to low 3's.

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VERY nice improvement last week on mortgage rates, and we are seeing the trend continue this week. The positive side to the 3T's (Trump, Tweets & Tariffs) is rates are improving, alot. The down side is the 3T's are rolling us towards a recession.

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NMLS380736, 4475

Mortgage Rates posted a very nice improvement last week, all based on Trump, Tweets and Tariffs. Economically, the numbers were good, but traders are fearing China's next move, and thus traders are selling stocks and putting their money into safe havens like Mortgage Bonds. We are carefully floating this week and the 3T will be influencing rates more than anything else.

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NMLS380736, 4475