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Intermountain Mortgage Company

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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  • Mortgage Rates Down 0.25% This Week
    by Matthew Graham on March 22, 2019 at 9:30 pm

    Posted To: Mortgage Rate WatchAt the end of last week, the average top-tier 30yr fixed mortgage rate quote was 4.375%. As of today, the exact same scenario would be at 4.125%--a quarter of a percentage point lower. That's an uncommonly big move for a single week, but it's one we've been tracking eagerly in recent days. Why is it happening? The first phase of the move had to do with the Fed's surprisingly friendly policy announcement on Wednesday. Due to the time of day that the Fed news came out, markets didn't have a chance to fully react to it until yesterday. Even so, the drop in rates was already much bigger than average. But this morning took it to the next level. In the middle of the night (in the US, anyway), economic data for Europe was released that showed a serious slowdown in German and French manufacturing....(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Freddie Downgrades Economic Forecast but Bullish on Housing
    by Jann Swanson on March 22, 2019 at 4:41 pm

    Posted To: MND NewsWireLike virtually all the experts, including those at the Federal Reserve, Freddie Mac's economists have reduced their expectations for economic growth . The company's March forecast is for growth in the first quarter of 2019 to shrink to 1.2 percent. They do see it regaining its footing later in the year, but it will still decelerate from 2018 to 2.0 percent this year and 1.8 percent in 2020. They blame the first quarter retrenchment on a decline in residential fixed investment, consumer spending, and the effects of the partial government shutdown in January. The economists see a brighter picture for the real estate market , with the significant decline in mortgage rates since last fall being one of the main drivers of improvement. The forecast is for existing home sales to bounce back and trend...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Existing Homes Sales Post Huge February Gain
    by Jann Swanson on March 22, 2019 at 3:03 pm

    Posted To: MND NewsWireExisting home sales took off like a rocket in February, with strong results in three of the four major regions. The National Association of Realtors® (NAR) said single-family homes, townhouses, condominiums and cooperative apartments were sold during the month at a seasonally adjusted annual rate of 5.51 million. This is an 11.8 percent increase over the January sales rate of 4.94 million and is the largest month-over-month gain since December 2015. Despite the unexpected gain, months of lackluster sales have left year-over-year sales behind by 1.8 percent. Analysts were looking for results in a range of 4.99 million to 5.47 million. Econoday , sponsor of the poll, said their consensus of 5.10 million reflected an expected rebound in the West, an accurate prediction in part. Single-family...(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: Here's That Mid-March Breakout We Were Looking For
    by Matthew Graham on March 22, 2019 at 2:59 pm

    Posted To: MBS CommentarySometimes a plan comes together and sometimes an educated guess pans out. While it's never safe to plan on any future reality (other than "uncertainty") when it comes to financial markets, there are times where a certain series of events seems more likely than not. For most of 2019, mid-March looked to be one of those times. The year began with a sharp move lower in rates--sharp enough that it was rejected with a bounce back toward higher levels. When that reactionary upward momentum found a ceiling, it set the stage for the sideways range of early 2019. Reason being: several factors underlying the market volatility wouldn't be resolved until mid-March. March has historically been a fairly volatile month for bonds, especially with respect to the Fed. March is the first Fed...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]

  • Enforcement Action Webinar; Non-QM Snapshot; German 10-year Yield Drops Below 0%
    by Rob Chrisman on March 22, 2019 at 12:47 pm

    Posted To: Pipeline PressCongrats to former President Jimmy Carter. As of today he is no longer just the oldest living U.S. president, but now is the longest-living in the nation's history. Created in 1986 LIBOR was not around during his presidency, but the transition away from using LIBOR is also making news. The Alternative Reference Rates Committee, a Federal Reserve-backed advisory panel, says it wants to see, by June, a computer model for mortgages that incorporates an alternative interest-rate benchmark to replace Libor. Daniel Coates, a Federal Housing Finance Agency official and a panel member, says that is "a really aggressive deadline." (LIBOR, by the way, is owned by ICE , who also, for the folks playing along at home, owns MERSCORP Holdings who brings us MERS .) Lender Products and Services On March 26...(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it. […]