FOR THE REAL ESTATE PROFESSIONAL

KEEP INFORMED WITH NEW BLOGS EVERY FRIDAY ON CHANGES, STATISTICS, RATES, AND MORE

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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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Nov 05

Mortgage Rates on the Cusp

Mortgage rates are on a cusp of jumping quite a bit higher, as the 10 year Bond and the Mortgage Bonds are close to making a jump, which would allow rates to jump in to the mid 5%.  We are going to watch Federal Reserve decision on Thusday, not for a rate increase, but for what their policy statement is.  Then on Friday we will have Producer Price Index, or inflation at the producer level, and also this week the US is going to sell of more of our debt, which will influence rates also.  Gonig to be another roller coaster week for rates, with the consensus that rates will increase.


Nov 03

Mortgage rates going over 5%, Fannie mae tightening guideliens.

In this Blog:

  • Mortgage rates heading for high 5%'s
  • Fannie mae tightening underwriting guidelines
  • Manufactures home are not scary.

Oct 27

Mortgage Loan rates improve, Insurance CLUE report

In this Blog:

  • -Mortgage rates improve, a little.
  • -Realtors & CLUE List.
  • -FREE Appraisal report

Oct 22

Mortgage rates in Nampa increase again

Rates jumped again last week, as inflation number set in and we saw some declining housing numbers as well. Federal Reserve also released their notes, and all number point to continued inflation concerns, which is going to make the Fed raise their rates as well. We saw on Thursday a little weakness out of Europe, which prevented rates from even being worse last week. No reason to think rates are going to fall.
 
#1stChoiceLender #1stChoiceMortgage #mortgagebroker #idahome

Oct 17

Best Time To List or Buy a home?

When is the best time to buy a home or list a home?


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