FOR THE REAL ESTATE PROFESSIONAL

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

FREE Exclusive Mortgage Rate Newsletter

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

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Mar 04

China Trade causing Idaho Mortgage rates to go up

Mortgage Rate jumped last week, as the US and China are releasing positive responses to the Trade Dispute. Although we have quite a bit of economic news this week, with Unemployment on Friday being the biggest, I think China and Trade are going to be the major influence on Mortgage Rates this week.
 
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Feb 26

Mortgage rates squeaked out a improvement, but could be temporarily!


Mortgage rates managed to squeak out a small improvement last week, but we are starting out this week worsening, as Trump extended Tariff hold and it looks like there could be a Trade Deal with China. This could be bad for rates as a good trade deal with ROCK the Stocks and typically sends bonds yields higher, which will send mortgage rates higher.

 


Feb 19

Mortgage rates slight higher as China becomes news!


Mortgage rates trended higher last week as rumors of a trade deal with China popped up. All eyes will be on China and trade deal. If we get a trade deal, Stocks should shoot up and mortgage rates should also rise. And also watch the Brexit news, this will be a rate influences as well.

 


Feb 12

Mortgage rates best in 6 months

Mortgage rates improved, again, last week, as concerns about China & Trade weighted on the markets. We also have Shut Down talks influencing markets. If we get a resolution, then stocks will rally and bonds will sell off, thus raising interest rates. But on the flip, a shutdown will more than likely improve rates. It will be all about the TWEETS!
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Feb 05

Rates in 2019 are looking good, for now!


Mortgage rates worsened towards the end of last week, but still showed an overall improvement. Today we are seeing rates worsen and inflation is back in the news. Rates are pretty good, this will will either set a nice floor or make a breakout to higher numbers.

 


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