With home values exploding in the Boise area, and interest rates at all-time lows, many homeowners are wondering what might be their best option to borrow against the equity in their home. One way is to refinance your mortgage and get cash out. Another option is to apply for a home equity loan or [...]
No matter how many different people purchase a home in Boise, or surrounding areas in Idaho, their experiences can be vastly different. That's because a home purchase boils down to more than the area you choose and the value the home has. Home loans are very subjective, which is why good loan officers take [...]
Capital Mortgage is pleased to announce that we have received top performance awards from UWM (United Wholesale Mortgage) for 2020! We look forward to working with UWM in 2021 to help even more Idahoans find the best home loan programs for their needs. Top 1%. Awarded exclusively to the top 1% producing [...]
The coincidental high demand for homes and historic low mortgage rates in Boise, ID that has reached 3 percent for the first time in the last five decades have presented homebuyers with a huge investment opportunity that they can bank on to reap more, the Freddie Mac survey indicates. (Call 208-854-7800 now to [...]
Now Is A Great Time To Refinance, Or Apply For A New Home Mortgage In an effort to keep the economy afloat during the COVID-19, the Federal Reserve has set interest rates at historic all-time lows. It's not easy to find good news amid this pandemic, but these low rates might be exactly [...]
If you are thinking about buying a new home in Boise or one of the many beautiful surrounding areas, you are not alone! The real estate market in the Treasure Valley isn't showing any signs of slowing down. But before you continue too far through the home buying process, we have some tips to [...]
Despite the COVID-19 pandemic, real estate sales in the Treasure Valley are showing no signs of slowing down. If you are in the market for a new home or looking to refinance your existing home mortgage, call Capital Mortgage today for a no stress, hassle-free, home loan application process. 208-854-7800 Our application process can [...]
Idaho Housing raises millions of dollars in the national capital markets and forms partnerships with banking and lending institutions throughout the state. It functions as an agent for the U.S. Department of Housing and Urban Development and performs a wide variety of tasks associated with financing, developing or managing affordable housing. Idaho Housing and Finance [...]
Adjustable-Rate Mortgage An interest rate that changes periodically in relation to an index. Payments may increase or decrease accordingly. Amortization A repayment method in which the amount you borrow is repaid gradually though regular monthly payments of principal and interest. During the first few years, most of each payment is applied toward the interest [...]
If you are shopping for a home mortgage or considering a refinance, chances are you've heard of both a 30-year home loan and a 15 year home loan fixed rate option. Both loan types offer their own set of advantages and disadvantages. Here are a few pros and cons to consider to help you choose [...]
