When it comes to getting a mortgage, there’s no shortage of misinformation. Many homebuyers, especially first-timers, hesitate to apply because they believe common myths that simply aren’t true. To help you move forward with confidence, let’s debunk some of the…
Mortgage Rate Outlook: Week of February 3, 2025 Mortgage rates may start the week slightly worse than Friday, but not by much. While the bond market remains stable for now, things could change as traders assess the impact of newly…
What Will Happen to Mortgage Rates After This Week’s Fed Rate Cut? As we approach the Federal Reserve’s next meeting, borrowers and potential Boise homebuyers are anxiously awaiting news on interest rates. This week’s meeting follows September’s surprising 50 basis…
Falling Mortgage Rates: A Golden Opportunity for Sellers Why Now is the Time to List Your Home In recent months, many Idaho homeowners have been reluctant to put their homes on the market, fearing a lack of interest from potential…
Fluctuations in mortgage rates can significantly impact the housing market. Recently, there has been a drop in rates, and this change brings both opportunities and challenges for buyers, sellers, and industry professionals alike. For potential homebuyers, a drop in mortgage…
Key Moves for Homebuyers as Interest Rates Drop Buying a home is a significant financial decision, and the recent shifts in mortgage interest rates have added another layer of complexity. After reaching peak levels in 2023, interest rates are beginning…
When buying a home, it’s easy to focus solely on the purchase price, but there are several hidden costs that can catch you off guard. Understanding these additional expenses is crucial for proper budgeting and avoiding financial surprises. Here’s what…
How Your Mortgage Affects Your Credit Score: When it comes to managing your financial health, understanding the relationship between your mortgage and your credit score is crucial. In Idaho, where real estate opportunities are booming, knowing this interaction can help…
Understanding Mortgage Rate Locks—What They Are and How to Use Them When navigating the complex world of mortgages, one term you’ll frequently encounter is “mortgage rate lock.” Understanding how to use this financial tool can save you from the anxiety…
How Will the 2024 Presidential Election Affect Real Estate? Whether we’re ready for it or not, the 2024 Presidential election is right around the corner. This year has already brought enough uncertainty, and an election could make your clients…
