About mtPrimeadmin

This author has not yet filled in any details.
So far has created 113 blog entries.

Is There Really Trouble in The Housing Market?

Negative housing-related headlines are on the rise. Here are a few recent examples:

Foreign purchases of American homes plunge 36% as Chinese buyers flee the market

Another bad sign for the housing market

Housing is providing another in a line of troubling signs

Declining Mortgage Rates Aren’t Helping Home Builders

China’s Economy, Trade Talks and Trouble in the Housing Market

Housing’s […]

By |July 26th, 2019|Blog, Home Buying, Home Selling, Mortgage Rates|0 Comments

The Other Side of This Week’s Scary Housing News

This week’s most prevalent housing market headlines were quick to mention the abrupt drop in Building Permits to the lowest levels in 2 years.  Other headlines pointed out that it was the quickest move lower in more than 2 years.  Both statements are true.  So is it time to stick a fork in the housing […]

By |July 19th, 2019|Blog, Mortgage Rates|0 Comments

Why a Fed Rate Cut Might Mean Higher Rates

Too frequently, media coverage suggests a Fed rate cut would coincide with lower mortgage rates and vice versa. But in practice it can be just the opposite!  Let’s take a look at what the Fed is actually about to cut and how it might impact rates.

The Fed Funds Rate is set directly by the Federal Reserve.  It’s the only […]

By |July 12th, 2019|Blog, Mortgage Rates|0 Comments

First-Time Home Buying

Are you finally ready to stop renting and buy a home in Bozeman? You’ve been renting for a while, but
now you’ve settled into your life. Have you been working for the same great company and moving up
the ranks since high school? Did you put that awesome idea into practice and now you have your own
thriving […]

By |July 8th, 2019|Blog, Home Buying|0 Comments

Jobs Report Fires Warning Shot For Rates

Interest rates have been on a tear. They’ve fallen faster and farther than at any other time in the past 8 years. By some measures, they’ve managed to maintain positive momentum for as long as they ever do. This naturally begs the question: is it time for a bounce?

Investors expected some clarity on that question […]

By |July 5th, 2019|Blog, Mortgage Rates|0 Comments

Rates Are Low. They’re Also High. What’s Up With That?

Interest rates are low!  Just how low depends on the rate in question.  For instance, longer-term rates like those for fixed-rate mortgages and 10yr US Treasuries are as low as they’ve been since November 2016.  Shorter-term rates are another story.  2yr Treasury yields are only back to mid-2017 levels and the all-important Fed Funds Rate […]

By |June 28th, 2019|Blog, Mortgage Rates|0 Comments

Fed Confirms Market’s Hopes, But There’s a Catch

This week’s policy announcement from the Federal Reserve (aka “The Fed”) was hotly anticipated. In the past month and a half, traders have rapidly upped their bets on multiple Fed rate cuts in 2019 as trade tensions flared.  Softer economic data only added fuel to the fire.

In other words, markets think they see a reason for a big shift in Fed […]

By |June 21st, 2019|Blog, Mortgage Rates|0 Comments

GVLT Trails Challenge

Summer is on its way here in Bozeman. For most of us that means a lot of fishing, biking, and hiking is also on its way. Most folks know of the great fishing around us, whether it’s the three forks of the Missouri to our west or the Yellowstone to our east.  Maybe not as […]

By |June 14th, 2019|Blog|0 Comments

Low Rates Lighting a Fire Under Housing/Mortgage Markets

You’ve heard of time healing all wounds, but what about low rates healing the mortgage and housing markets? It’s not that either was particularly distressed, but both have benefited in a major way from the recent drop in rates. Just as important as the drop itself has been rates’ ability to HOLD at or near long-term lows for 2 full […]

By |June 14th, 2019|Blog, Mortgage Rates, Refinancing|0 Comments

Time For the Next Refi Boom?

There are refi booms and then there are refi booms! Numbers were never higher than they were during several weeks in 2009 and they were never “extremely elevated for nearly 2 years” like they were from August 2011 through May 2013. It would take some doing to get back to those levels, but relative to […]

By |June 7th, 2019|Blog, Mortgage Rates|0 Comments