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Intermountain Mortgage Company

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Trying to find the right home loan can be difficult. Finding the right company to help you get your loan can be even more confusing. With literally thousands of lenders to choose from, borrowers can easily become overwhelmed.

Fortunately, at Intermountain Mortgage Company, Inc., our mission is to set a high standard in the mortgage industry. We are committed to quality customer service - putting the people we serve first. Take advantage of our expertise in the residential lending industry by applying online today. You will find that the skill, professionalism, and consideration we give to each of our clients make getting your loan a successful endeavor. Founded in 1992, we have been servicing our clientele for many years and take pride in the number of repeat clients that we have.

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  • MBS RECAP: Bonds Fight Off Sharper Retreat Ahead of Data
    by Matthew Graham on August 14, 2018 at 8:30 pm

    Posted To: MBS CommentaryBonds began the day in moderately weaker territory as Turkish tensions eased overnight. That certainly wasn't the only game in town as far as market movers were concerned though! On several occasions throughout the day, US bond markets could be seen moving in the opposite direction to that implied by Turkish Lira, etc. We're left with the general sense that bond yields were pulled lower than they'd otherwise like to be by the Turkey-related drama from late last week, and that there's a slew of reasons for them to be gradually moving back from whence they came (2.9-3.0% range). As of this afternoon, that looks to be exactly what they have in mind. 10yr yields are heading out the door up just over 2bps, trading near 2.90%. Fannie 4.0 MBS are down an eighth of a point at 101-21...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Mortgage Rates Edge Higher Ahead of Retail Sales Data
    by Matthew Graham on August 14, 2018 at 7:04 pm

    Posted To: Mortgage Rate WatchMortgage rates were sideways to slightly higher today, depending on the lender. With the exception of the past two days, this leaves us at the best levels in more than 3 weeks. In general, that move was made possible by financial drama in Turkey, but caveats abound. It's taken a massive amount of pain in Turkish markets/currency to result in a fairly modest move for US interest rates in the bigger picture. Moreover, US rates continue paying attention to multiple sources of inspiration. Turkey was just one among many in that regard, and even then, only when Turkish market movement was its most extreme. More so than yesterday, today brought some hope that the worst is over for Turkey. While that's good for Turkey, it's not good for rates in the US, all other things being equal. That said, it...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Florida, Houston Delinquencies Still Reflecting 2017 Storms
    by Jann Swanson on August 14, 2018 at 3:14 pm

    Posted To: MND NewsWireThe effects of Hurricane Irma continue to be felt in the Southeast, with Florida the only state to report an increase in its delinquency rate in May. The rate in the state was up 1 percentage point compared to May 2017 and gave Florida the third highest rate in the nation at 6.2 percent. CoreLogic, in its Loan Performance Insights Report, said the rest of the nation continues to improve, although Texas, still impacted by Hurricane Harvey, saw rates remain the same as a year earlier. The national rate was 4.2 percent compared to 4.5 percent in May 2017, the lowest rate for a May in 12 years and within 0.1 percent of the previous low in May 2006. The rate is also well below the pre-crisis period of 2000 to 2006 when the share of delinquent mortgages averaged 4.7 percent. Within the national number...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • MBS Day Ahead: With or Without Turkey, Bonds Face Same Challenges
    by Matthew Graham on August 14, 2018 at 1:24 pm

    Posted To: MBS CommentaryTurkish Lira bounced in the overnight session--not in any epic fashion, but enough to result in a bit of spillover for stocks/bonds. 10yr yields rose as high as 2.9022 before cooling back down. Notably, yields fell even as Lira maintained its token recovery. This simply reiterates yesterday's point that US markets have their own agenda . Although they may periodically pay some attention to big swings in Turkey, they have already shown an ample willingness to trade against the grain of Lira volatility. With that in mind, the recent floor around 2.85% looks like the next major technical level for 10yr yields, whether we're looking at US markets keeping a close eye on Turkey or not caring at all. In other words, this was a bounce that bonds had decided on yesterday, independent of further...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • New Bankruptcy Products; Remote Training This Week; Agency Changes Continue
    by Rob Chrisman on August 14, 2018 at 12:56 pm

    Posted To: Pipeline PressA Zen master visiting NYC approaches a hot dog vendor and says, "Make me one with everything." The hot dog vendor fixes a hot dog and hands it to the Zen master, who pays with a $20 bill. The vendor puts the bill in the cash box and closes it. "Excuse me, but where’s my change?" asks the Zen master. The vendor responds, "Change must come from within." Most believe that, despite thoughtful and continuous efforts by those in the industry, there won’t be any change coming from Congress this year, perhaps even next, on Freddie and Fannie’s status. There’s not a lot of urgency, nor is it an election issue, nor, it can be argued, are consumers being hurt by current policies and procedures. The FHFA and industry will be adjusting things as time goes on regarding guidelines...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]