Today’s Idaho Mortgage Rates opened beautifully and if you are considering refinancing your Idaho Mortgage Loan, now is the time to do this. Properties in Kuna, Star and parts of Nampa are experiencing a decline in property values ranging between 5-15% percent due to the owners, builders and investors being forced to lower the listing price to move the surplus of existing Idaho Real Estate. Just this week alone I have found at least 8 homeowners who are in need of refinancing out of adjustable rate mortgage loans and cannot proceed due to their appraisal not coming in at-value to payoff even the first mortgage loan.

We are hopeful that we have leveled out and with the new spring season in place we can lower our real estate inventory and start to see a positive movement in today’s Idaho Real Estate market!

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Written by Lisa Kratz208-888-9251Apply Now

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