Posts with tag 'Garden Valley ID'
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May
11
11
From Our Lending Partners at Idaho Central Credit Union
Job Gains See a Startling Plummet Lowering Mortgage Rates
This past week marked disappointment in the labor market as job gains see a startling plummet. The major economic data accompanied by Friday's labor market report fell well below analyst expectations. As a result, mortgage rates ended the week lower.
Why Did We See Such a Shortfall in Job Gains?
The monthly employment report was highly anticipated. Without a doubt, the report saw an enormous miss, but the reason why is far less clear. In April, job gains saw a surprising downturn when the economy gained just 266,000 jobs. Thus, job gains notched far below the consensus...
April
19
19
Malware & Viruses are Increasing!
Keep Your Online Information Safe
From Your Friends at Integrity Computer Consulting and Repair
During this time people are conducting a lot of business via email, spending money online, and trying to find information online. Please be vigilant when opening emails, browsing the internet, downloading free software or games, and clicking on links in email and on the internet.
- Fake emails from Amazon, Paypal, TurboTax, etc. are a daily occurrence. For most users, your spam filtering on your email...
April
19
19
How the Service Sector Growth Fuels the Expanding Economy
This week's story focused on how the service sector growth fuels the expanding economy. Across the board, the United States realized market growth and increasing inflation. Despite the strong data, mortgage rates ended the week slightly lower.
Service Sector Growth Affects Mortgage Rates
The most significant economic report this week exceeded expectations by a considerable amount. The ISM national services index jumped from 55 to 64. This result is far above the consensus forecast of 59. It is also the highest ISM national services index level ever recorded.
The service sector accounts for more than 75% of the United States' economic activity....
April
13
13
What's Causing Our Competitive Real Estate Market?
Insufficient Supply Causing Our Competitive Housing Market
By Breanna Vanstrom, Chief Executive Officer, Boise Regional REALTORS®
March
16
16
From Our Lending Partners at Idaho Central Credit Union
The Tide May Be Turning for Mortgage Rates and Inflation
Overview: Over the past week, investors remained focused on the incoming economic data, the vaccine rollout, and government stimulus spending. Mortgage markets continued to be volatile, but rates ended the week with little change.
Two key reports from the Institute of Supply Management (ISM) are closely watched by investors each month, and the latest data contained mixed results. The ISM Manufacturing Index rose to 60.8, above the consensus forecast of 59. This was up from a low of 41.5 in April 2020 and matched the highest level since 2004. By contrast, the ISM Services Index d...
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