Interest Rates

March 2, 2020

To Refinance or Not to Refinance

To Refinance or Not to Refinance

With interest rates lower than ever, my husband and I have recently debated whether to refinance or not to refinance our home. We have gone back and forth plenty of times, weighing the pros and cons of each scenario. There are a lot of factors to consider, so below are ...

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Jan. 26, 2019

Is the Recent Dip in Interest Rates Here to Stay?


Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey.


After the first ...

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Posted in Interest Rates
Feb. 21, 2017

Real Estate Market Recap for February 2017

This last month was a flurry of extended snow days for our children, frigid temperatures, and slippery road conditions, which left many house hunters putting their plans on hold.  Pending home sales were down 6.5% from January 2016, but were up 5.4% from last month’s numbers.  In hopes ...

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Jan. 20, 2017

What Is a Mortgage Rate Lock?

When you lock your doors at night, you think, “Phew, I’m safe!” Locks mean safety. Locks mean security. And it turns out the same is true in the world of home loans, where you may encounter the term “mortgage rate lock.” So what exactly does this refer to?

Mortgage ...

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Dec. 26, 2016

Time Is Running Out On Low Mortgage Rates

The Fed expects the economy to hit its target level of inflation next year. As a result, it also expects to raise short-term rates three times, by a total of 75 basis points. In reality, rate moves could be less—but they also could be more.  This means mortgage interest rates like we’ve seen for ...

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Nov. 15, 2013

Boise Real Estate Market Update - Nov 2013

Boise Idaho Real Estate Market Update

November 2013

In October and into November, the Boise real estate market saw a decrease in the number of pending home sales. Although many attribute the seemingly abrupt halt to seasonality, some are wondering if they are witnessing a weakening of the Boise real ...

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July 25, 2012

Interest rates drop to 3.53%! Is it time to consider buying a home in Boise?

Low interest rates make Boise homes more affordableLower interest rates makes buying a home in Boise more affordable!

Buying a home in Boise is now more affordable then ever. According to THIS ARTICLE by Scott Reckard in The Los Angeles Times, the average interest rate reported by Freddie Mac on a 30-year mortgage dropped to 3.53 ...

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