Nampa Idaho mortgage rates tick up last week

Main Keeping the Real Estate industry informed.

Mortgage rates ticked up last week. With us up .05 of a point and that is .10 for the last 2 weeks. It is all about China and Trade, again. As the stock market is rolling and hitting new highs each week, investors are putting their money into Stocks and out of Bonds and Mortgage Backed Securities. Again, no use talking about technicals or data (although new home sales were up 1.3% M/M) and traders are going to focus on Trump, Tariffs & Tweets over the next 2 weeks.

Also, don't forget:

VA removed ALL Loan limits as of 1/1/2020.
FHA loan limits are now $366,850,
Conventional Loan limits are $510,400,
High Balance Conventional is $765,500, and
Jumbo is anything over $765,501 Merry Christmas to you all!

Posted by 375loan at 12/24/2019 12:22:00 AM

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Comments (15)

Re:Nampa Idaho mortgage rates tick up last week

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Re:Nampa Idaho mortgage rates tick up last week

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