Boise Homes For Sale » Home Loan News

Boise Homes For Sale Presents: More Home Loan Info

Trish — Mon, 08 Aug 2011 20:07:05 +0000

Turmoil in financial markets has investors fleeing to the relative safety of bonds and mortgage-backed securities, pushing down mortgage rates to at or near historic lows. Rates on 30-year fixed-rate mortgages averaged 4.39 percent with an average 0.8 point for the week ending Aug. 4, down from 4.55 percent last week and 4.49 percent a year ago, according to Freddie Mac’s latest report. The 30-year fixed-rate mortgage hit an all-time low in Freddie Mac records dating to 1971 of 4.17 percent during the week ending Nov. 11, 2010, before climbing to a 2011 high of 5.05 percent in February. Rates on 15-year fixed-rate mortgages averaged 3.54 percent with an average 0.7 point, down from 3.66 percent last week and a 2011 high of 4.29 percent in February. That’s a new all-time low rate on 15-year fixed-rate loans in records dating to 1991.

Boise Homes For Sale Presents: Current Market Conditions

Trish — Mon, 08 Aug 2011 13:32:08 +0000

There is a Chinese proverb that states, “May you live in interesting times.” It is often argued that the word interesting is meant to be a synonym for turbulent or dangerous. This phrase hits the bull’s-eye given the current state of the financial markets. While stocks and bonds are swinging around wildly there is some good news. Interest rates for conforming and FHA/VA loans are historically very low.

Remember, low rates are not a given considering the uncertainty in the financial markets. Inflation, real or perceived, erodes the value of bonds causing bond prices to fall and rates to rise. The last thing the economy needs now is rising mortgage interest rates. If inflation emerges that very well may happen despite the continued Fed efforts to keep rates low. With so much uncertainty, a cautious approach to float lock decisions would be wise.

Brought to you by Judy Bauer with US Bank.

Boise Homes For Sale Presents: Lower Interest Rates!

Trish — Fri, 05 Aug 2011 20:19:15 +0000

Yay!!! Yesterday IHFA lowered their mortgage rate to 3.9% on a 30 year fixed mortgage. Not only can first time home owners qualify for IHFA loans, but those that have previously owned may qualify and you may even be able to refinance your existing home. For more information on this great program please give Judy Bauer at US Bank a call 208- 442-5001 as she would be happy to answer any questions you may have or pre-qualify you before you start your home search. And if you are ready to look at homes, please give Trish Stephenson with American Realty a call 208-388-4653 (that would be me!). I would love to work for you as a buyer’s agent. Any question regarding Agency in the State of Idaho, you may contact me for a copy of an “Agency Disclosure Brochure.” Thank you, and may you all have a great weekend.

Boise Homes And Land Presents: Good News in the Mortgage Industry

Trish — Fri, 29 Jul 2011 18:42:32 +0000

Great news is coming our way regarding mortgages. Low 30 year fixed rates are still available and in some situations, 100% financing with no monthly mortgage insurance may be available to you. If you are interested in purchasing a home, now may be the time. It is a very good idea to get prequalified before looking for a home. Judy Bauer with US Bank, 442-5001, is available for any questions you may have.

Boise Homes For Sale Mortgage Rates

Trish — Mon, 26 Apr 2010 21:01:29 +0000

30 year fixed rate 5.07%

15 year fixed rate 4,4%

1 year adjustable 4.13%

Rates seem to be rising slightly.

Current Interest Rates

Trish — Thu, 18 Feb 2010 17:07:17 +0000

According to the Mortgage Banker’s Association, the 30 year fixed rate dropped to 4.9% and the 15 year rate remains at 4.3%.

Buy A Home In Boise By June 30, 2010

Trish — Fri, 12 Feb 2010 18:52:38 +0000

Did you know that in order to receive the First Time Homebuyer Tax Credit you MUST have a written contract dated no later than April 30, 2010 and must close by June 30, 2010. Please contact Judy Bauer with Prospect Mortgage for more information on this.

First time home buyer’s can receive up to $8,000 and if you have owned your home for the last 6 out of 8 years you may be eligible for a tax credit up to $6,500. DON”T miss out! Please contact Trish Stephenson Silvercreek Realty Group to look at any homes for sale in the Boise and surrounding areas.

Good News About Interest Rates!

Trish — Tue, 09 Feb 2010 20:49:46 +0000

According to Judy Bauer with Prospect Mortgage interest rates have dropped below 5%. You can contact Judy at (208) 377-7246 with any questions. Please let her know if you have any questions about financing. It’s important to have your loan approval completed prior to submitting an offer on a property. Click here to apply on line with Judy at Prospect Mortgage. You also want to make sure to take advantage of the tax credit program before it’s too late. If you are not already working with a realtor, please contact Trish Stephenson at 208-388-4653 with Silvercreek Realty Group with any real estate questions or if you are interested in viewing any properties in the Boise area. Thank you.