In this Blog:
-Mortgage rates simmer this week.
-Do Realtors need another License?
-USDA Rural Development income limits increase.

Mortgage rates up last week, but not as much as they could of been. All eyes are going to be on 3 items this week. 1-Trump summit, if things good good, rates will worsen. 2-Fed Meeting on Wednesday, .25 is baked into rates but it will be the comments that will touch off rate increase or decrease. And 3rd, European and Japanese Reserve Banks will all comment his week as well. It should not be a great week for rates.

With Spain and Italy cooling off, and the threat of higher tariffs, inflation is back in the news. Traders are looking towards more economic reports this week to guage inflation again. We are seeing rates trend back up, but this could all change with 1 tweet.

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.

In this Blog:

• Mortgage rates improve this week
• New Loan Programs
• Zillow news
• Flood Zone Information

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.

In this blog:
Rates stable, with slight improvement, Fall out lending programs, IHA loan limits, Realtor marketing idea

Mortgage rates increased last week, just a tad. All eyes this week are on the Federal Reserve and Wednesday announcement and policy statement. Then Friday, un

In this blog:  IHA increases income limits, Mortgage rates also increasing, VA clarifies Realtor fees.

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.
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