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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Dec 25

Mortgage rates continue the slide!

Mortgage Rates continue to slide last week, as more and more people sell stocks and put their money into Bonds, thus improving mortgage rates. Economic numbers are all pretty good, but traders are fearful of 2019. It really will not matter what good economic news comes out, the fear has set in, this rates should continue to improve.
KEEP READING
Dec 17

Nampa mortgage rates go down slightly

With the sell off last week in stocks, it was anticipated at rates would improve nicely, but when it all settled, we have just a slight improvement. This week is HUGE as we have the Federal Reserve on Wednesday and LOTS of data on Friday, right before a major holiday. Will the Fed Raise rates (which would be good for us) on Wednesday, or wait until January? This week is going to be rough.

 

Dec 15

Reverse Mortgage Loan limits for 2019

2019 Reverse Mortgage or HECM loan limits

Dec 10

Inflation & China Boosting reducing mortgage rates

With the stock market continuing to tank, investors are fleeing to safe haven like bonds, which has been improving mortgage rates for 2 weeks now. Lots of inflation news this week, and also watch China, these are going to be the 2 major rate influences for this week.
 
Nov 27

Mortgage rates are pretty flat, but watch out for this week

Mortgage rates were pretty much flat last week, but that was hugely STRANGE, as the stock markets totally sold off and typically with that much sell off, Mortgage Bonds would of rallied and rates should of improved, SIGNIFICANTLY. But they did not. Rates are currently worsening. With Consumer Confidence, GDP and Personal Consumption all this week, going to be a rough ride again for rates.

#1stChoiceMortgage #1stChoiceLender#MortgageBrokers #idahome

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