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 [...]
What Are Closing Costs? Closing costs are fees associated with your home purchase that are paid at the closing of a real estate transaction. Why Are There Fees? Throughout your home purchase, the lender, and other third parties, perform a variety of different services, some of which can be time-consuming and complicated. Closing costs are fees [...]
Whenever the Fed makes a rate change, we'll often get asked if or how it will affect home mortgage rates. It's not an easy answer. There is a relationship between the two, but it is not what most people think. This past week is a great example because even though the Fed announced a rate [...]
Mortgage rates have currently dropped to a two year low... ...with average rates on 30-year fixed averaging approx 3.8% and 15-year fixed mortgages dropping to approx 3.3%. Last year at this time rates were averaging 4.5% for a 30 year fixed, and 4% for a 15-year fixed. Mortgage rates are constantly changing, but if you've [...]
As of the writing of this article, home mortgage rates in Boise are holding steady at around 3.94% for a 30 year fixed, and about 3.36% for a 15 year fixed. Those figures are very close to what the rates were last year at this time, and moving into 2018 most industry experts are forecasting [...]
