Monthly Archives: December 2011

Mortgage Rates for the week of: December 27, 2011

Mortgage markets worsened last week on renewed optimism from the Eurozone, additional evidence of a U.S. economic recovery, and ongoing strength in housing. The action sparked a stock market rally at the expense of mortgage bonds, sending conforming and FHA mortgage rates meaningfully higher for the first time in more than 2 months. Markets closed […]

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Merry Christmas

From all of your friends here at www.EveryHomeInIdaho.com to you and your family, we sincerely wish you a Very Merry Christmas and a Happy New Year! For unto us a Child is born, unto us a Son is given: and The Government shall be upon His Shoulder: and His Name shall be called Wonderful, Counsellor, […]

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Mortgage Rates for the week of: December 19, 2011

Mortgage markets improved last week, but by a slight amount only; not enough to move conventional mortgage rates in Idaho in any significant manner. Wall Street watched as Eurozone leaders expressed little willingness to increase aid programs within the region, and as the Federal Reserve voted against new economic stimulus for the United States. The […]

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Mortgage Rates for the week of: December 12, 2011

Mortgage markets were mostly unchanged for the 6th consecutive week last week as Wall Street’s uncertainty regarding the future of U.S. and global economies remain. Mortgage bonds made gains made through the early part of the week, which caused mortgage rates in Idaho to drop Monday through Wednesday afternoon. However, those gains were erased as […]

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Mortgage Rates for the week of: December 5, 2011

Mortgage markets made little change last week for the fifth time in as many weeks. As Wall Street watched both the Eurozone and the U.S. regain their respective footing, expectations for a new Fed-led stimulus increased, which prevented mortgage rates from rising. According to Freddie Mac, the average 30-year fixed rate conforming mortgage rose just […]

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