All Posts in Category: Mortgage Info

February Financing Updates

Good news for our local market! For those of you that do not follow me on Twitter, here is a recap of financing changes over the last week designed to help move some inventory. Last Friday, Jan 29th, Fannie Mae announced it would pay up to 3.5% of Buyers closing costs for purchases of foreclosed…

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Refinancing Drives Mortgage Activity

reposted from Real Estate News | December 9, 2009 Refinancing Drives Mortgage Activity Mortgage activity rose last week to the highest level in about two months, mainly from borrowers locking in low mortgage rates by refinancing, the Mortgage Bankers Association said on Wednesday. Nearly three of every four loan requests last week was for…

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Local Mortgage Rates

ATTN POTENTIAL SE IDAHO BUYERS:I’ve been seeing rates locally the last week or so at 4.75% for a conventional 30-yr loan and 5.0% VA. While rates are not predictable, I think it’s safe to say these won’t last long! If you are thinking of buying, please get pre-qualified today! If you would like a lender…

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