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.
Congress passed Blue Water Law that will dramatically help Veterans with Home Loans in Idaho!
Numbers are out for May for Ada County, Boise, Meridain, and can I say WOW. Another killer report, with home prices up AGAIN. But homes sold were down, not a negative sign, but a sign of high prices. But June's numbers should be better as Interest Rates have SUNK to 18 month lows, which should spike home purchases!
#Home #Idaho #IdaHome #IdahoHomeLoan #IdahoRealEstate#IdahoMortgage #1st #1stChoiceLender #1stChoiceMortgage #IdahoBroker#BrokersRock #BrokersAreBetter #AdaCounty #CanyonCounty#PayetteCounty #Boise #Meridian #Nampa #Caldwell #Kuna #Eagle#MortgageAdviser #MORTGAGEBROKER #MORTGAGELENDER #AIME
NMLS380736, 4475
3rd week in a row that mortgage rates have increased. With economic news all pretty good, and some inflation news in the headlines, mortgage rates have been worsening. Still at 1 year lows, but off our lowest level on March 27th.
Mortgage rates popped up a little last week, as we say a little pull back and 4+ weeks of improvement. Most of the concern was the unemployment number, which came out Friday and was a GREAT number and tame in wage inflation. Rates are still at some of their best levels in about a year, and there is still room to improve further.
Mortgage rates worsen towards the end of the week, and the trend is continuing today with the Stock Market rallying. But rates will bounce for the next few days in anticipation of Friday's Job Numbers. We are in locking mode, taking advantage of good rate gains and not gambling into the Jobs data on Friday.
Last week was a spectacular week for mortgage rates. As the Federal Reserve indicated that they will NOT raise rates in 2019 and may only raise rates 1x in 2020. Further concern about a recession is keep rates lower. Economic news is pointing towards a slow down, and past Fed Chairman came out today and actually indicated that the Fed may have to lower rates again. RATE ARE GREAT!
#1stChoiceLender #1stChoiceMortgage #mortgagebroker #AIME #idahome
Mortgage rates worsened towards the end of last week, but still showed an overall improvement. Today we are seeing rates worsen and inflation is back in the news. Rates are pretty good, this will will either set a nice floor or make a breakout to higher numbers.
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.