FOR THE REAL ESTATE PROFESSIONAL

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1st Choice Mortgage Company, LLC BBB Business Review, boise, nampa, caldwell, kuna, eagle

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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Jun 18

Mortgage Rates in Boise flat last week

Rates traded in a very narrow channel last week, with them overall improving just slightly. This was mainly due to Trump and Trade. This week it will again be about Trade and Trump's Tweets. Economic reports this week mainly focus on Housing with Starts, Permits and Existing Home Sales.
 

Jun 16

Realtors needing a Solicitation License??

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


Jun 12

Mortgage rates are on the rise again

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.


Jun 05

Mortgage rates heading back up?

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.

#1stCHOIC


May 29

Mortgage rates sink on International News

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.

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