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.

Turkey & Idaho Mortgage Rates

Turkey causing mortgage rates in Idaho to sink?

Mortgage rates rose for most of last week, but sank on Friday, mainly due to Chaos in Turkey, which was already struggling, economically. Then Trump Tweeted that the US is going to impose additional tariffs on Turkey. Turkey's Lira, tanked 20%. Turkey's economy is also seen as a Canary in the Coal Mine for the rest of the world's economy. This is definitely something to watch. On the US Front, Inflation at the producer level (PPI) and the consumer level (CPI) were both in check, no movement of rate based on those two numbers.
 
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Posted by 375loan at 8/13/2018 10:42:00 PM

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