Posts in category 'News'
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- 2020 | 47 Posts
12
From Our Lending Partners at Idaho Central Credit Union
Breakthrough Job Gains as Labor Market Makes Vast Improvements
The monthly employment report brought stronger than anticipated data as the U.S. achieved breakthrough job gains. Simultaneously, incoming Institute of Supply Management (ISM) service data also yielded great news.
As the United States economy took home a couple of "wins," the impact negatively affected mortgage markets. Ultimately, mortgage rates ended the week slightly higher.
Breakthrough Job Gains
In July 2021, employment realized breakthrough job gains, gaining 943,000. Overall, this soared far above the consensus forecast of 850,000. Additionally, anal...
10
More Homes are For Sale as Higher Prices Encourage Sellers
More Homes Enter the Market as Prices Rise
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
14
From Our Lending Partners at Idaho Central Credit Union
At Idaho Central Credit Union, we know how overwhelming the task of purchasing a home can be, especially in this market! As exciting and life-changing as it is, the process of buying a home can also be very emotional. ICCU's home loan specialists are here to help you through the rollercoaster and make the transition to home ownership as smooth as possible.
We have broken down several emotions you can expect to feel on the journey to becoming a home owner, and some unique benefits that ICCU offers to help along the way!
13
Ada County Housing Inventory Rose in June
Ada County Inventory Rises as Home Sellers Capitalize on Higher Prices
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
The median sales price for homes in Ada County reached $525,000 in June, nearly even with May 2021.
17
From Our Lending Partners at Idaho Central Credit Union
Good Hospitality Job Gains Fuel Hope in Promising Mortgage Market
Last week's labor report illustrated good hospitality job gains after a rough 2020. Overall, this continues to fuel hope in what's quickly becoming a promising mortgage market.
However, the job gains fell in line with current expectations. As a result, mortgage rates ended the week nearly unchanged.
Good Hospitality Job Gains
In May, the economy gained 559,000 jobs. Thus, May's job gains fell a little below the consensus forecast of 650,000.
Not only were there good hospitality job gains, the leisure sector realized economic strength as well. Aga...
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