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

Federal Reserve pausing rates increases?
Mortgage rates improved last week, mainly on the comments out of the federal reserve that they may only raise rate 2x next year, and pause rates once the Fed Fund rate hits 3.00% (currently we are at 2.25). This week it will be all about unemployment as we get ADP private payroll on Wednesday, and US unemployment on Friday. Watch the Wage numbers on Friday, if we get a large spike in Wages, this will be negative for bonds and thus mortgage rates could jump.
Posted by 375loan at 12/4/2018 12:35:00 AM
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