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  • Idaho Mortgage Rate Report >> Is cheap money over?

    Lock mortgage rates now if you can  For the past 12 months the Federal Reserve was aggressively lowering the discount rate in an attempt to stimulate the economy. When the Federal Reserve lowers the discount rate mortage rates normally rise. The reason this happens is that the Discount Rate is the rate that banks borrow money at ...
    Posted to George Tallabas (Weblog) by 522844 on June 14, 2008
  • Mortgage rules recommended by house committee

    The business committe of the house of representatives for Idaho recently recommended extending temporary rules that dictates how mortgage lenders apply to be licensed nationally. In 2007 the Idaho Legislature voted to participate in a newly created national mortgage licensing system in an attempt to regulated the mortgage industry and protect the ...
    Posted to George Tallabas (Weblog) by 522844 on January 13, 2008