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Here is the latest list of Bank Owned Properties: Bank Owned Properties All Counties
We can also create your own individualized automatic daily email list to include specified counties only, price ranges, # of bedrooms, etc. Email us today to set this up for you! infodesk@countrywideprop.com
- Here is a great link for more information on how 203k Home Improvement Loans work. http://tbwsdailyshow.com/category/203k-loan/
- Awesome Views of the Tetons! This home is in a great area in Ashton close to all the fishing spots.
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Tom has just listed a lot in Rexburg. It is located in the heart of one of the most sought after and prestigious areas in Rexburg. It has breath-taking views. This 1/3 acre city lot has all utlities to it and even backs up to the common area, giving the future back yard an even bigger feel. Call us today to see the spot of your future dream home.
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Filed under: Buyers | General | Investors | Sellers
Tags: woderful views, rexburg hill, lot for sale, land for sale
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Paul Bowen has listed a commercial property in Ashton, Idaho. Excellent Location! Thousands of vehicles a day pass right by the front door on Hwy 20. Over 8,000 square feet of floor space. There is currantly 2965 sq ft that are finished and rentable in a restaurant, office, and church. The office and church are rented at present. That leaves 5361 sq ft that can be divided or used as a large business rental. There are endless possibilities for retail buiness here. Great income potential. Very close to some of the best fishing and hunting in the world. A perfect place for any business.
Commercial Property in Ashton, Idaho with a PERFECT LOCATION
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Comments (429) May 06, 2009 | posted by: CWPStaff
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Burton Home With Custom Fireplace in Rexburg, Idaho
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Comments (384) May 04, 2009 | posted by: CWPStaffRyan has listed a beautiful home in Rexburg, Idaho. This home is in the Burton area of Rexburg. With a wonderful view of the city, this 3000 square foot home sits on a half acre. This home is located by the new Madison High School and the new Burton Elementary School. This home is also a short drive to many scenic locations such as, Jackson Hole WY, West Yellowstone, MT and of course Ashton, ID. The home is also very near BYU-Idaho and the Rexburg golf course. The backyard has a custom brick gas fireplace and a spacious play area for children. The landscaping is breath taking! Come take a look at this home today.
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A horse owners dream! Tom just listed a beautiful home south of Rigby Idaho. This wonderful six bedroom, two and a half bathroom home sits on one full acre lot. The total square footage of this home is a staggering 3100 sq ft. There are established fences and corrals for all equestrian needs. This Rigby home is fully landscaped with mature trees and grass. Just a short drive to Idaho Falls, Rexburg, West Yellowstone and of course BYU-Idaho, make this home’s location central to all of South-East Idaho. If this is the home for you, call Tom or one of our Eastern Idaho Real Estate Professional today.
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Filed under: Buyers | General | Investors | Sellers
Tags: rigby, idaho, horse property, home for sale
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Mortgage applications continue to rise as rates slide. The weekly mortgage application index compiled by the Mortgage Bankers Association rose 3 percent last week to 1,194.4 from 1,159.4 on a seasonally adjusted basis.
On an unadjusted basis, the index increased 2.9 percent compared to the previous week and was up 68.8 compared to the same week last year.
The refinance share of mortgage activity is driving the increase, rising to 79.1 percent of total applications, up from 78.5 the previous week.
Fixed rates are at or near record lows:
● 30-year fixed-rate mortgages decreased to 4.61 percent from 4.63 percent.
● 15-year fixed-rate mortgages decreased to 4.45 percent from 4.48 percent.
● 1-year ARMs decreased to 6.20 percent from 6.22 percent.
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Market Comment
LOOKING AHEAD
Mortgage bond prices fell last week applying upward pressure on mortgage interest rates. The bond market got a shock from a surprise increase in new home sales, stronger than expected durable goods orders, and some stock strength. There were also concerns about the US dollar in general and dollar denominated securities as China expressed interest in substituting the yuan to dollar peg in exchange for a new international currency. Fortunately the Fed continued to come to the rescue buying mortgage backed securities in an effort to keep interest rates relatively steady and low. For the week, interest rates on government and conventional loans rose by about 1/8 to 1/4 of a discount point.The employment report Friday will be the most important economic release this week.
Consumer ConfidenceEconomic
IndicatorRelease
Date & TimeConsensus
Estimate
AnalysisConsumer Confidence Tuesday, March 31,
10:00 am, et28.0 Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates. ADP Employment Wednesday, April 1,
8:30 am, etDow 648k Important. A measure of employment. A larger decrease in payrolls may bring lower rates. Construction Spending Wednesday, April 1,
10:00 am, etDown 2.0% Low importance. An indication of economic strength. A significant decrease may lead to lower rates. ISM Index Wednesday, April 1,
10:00 am, et35.5 Important. A measure of manufacturer sentiment. A large decline may lead to lower mortgage rates. Factory Orders Thursday, April 2,
10:00 am, etDown 1.3% Important. A measure of manufacturing sector strength. A larger decrease may lead to lower rates. Employment Friday, April 3,
8:30 am, et8.5%,
-657kVery important. An increase in unemployment or a larger decrease in payrolls may bring lower rates.
The Conference Board releases the Consumer Confidence Index on the last Tuesday of every month. The report details the levels of confidence individual households have in the performance of the economy. The data is derived from a survey of 5,000 households nationwide. The survey polls consumer opinions on current business conditions, their jobs, their incomes, and their future spending plans.The consumer confidence index is significant in that it provides a precursor into consumers’ willingness to spend in the months ahead. However, many analysts point out that willingness to spend does not always convert to actual expenditures.Despite economic uncertainty, liquidity issues, and housing market weakness, American consumers continue to spend. However, many analysts question whether consumers can continue to buoy the economy, especially amid rising unemployment and tightening credit.This week’s release will be eagerly anticipated. Look for any variation from estimates to cause mortgage interest rate volatility. Signs of eroding consumer confidence could lead to improvements in mortgage interest rates. However, stronger than expected figures could spike rates higher.With mortgage interest rates relatively low, capitalizing on current levels is recommended to protect against future volatility. Remember, mortgage interest rates tend to trend lower slowly, while increases tend to occur quickly. A cautious approach is necessary to protect from future market volatility.
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Market Comment
Mortgage bond prices rose last week applying downward pressure on mortgage interest rates. The bond market got a boost from the Fed announcement (read below) to buy more mortgage debt. There was some profit taking in bonds Thursday afternoon following the run-up in prices Wednesday. Higher than expected core readings of the consumer and producer price indices reignited some inflation concerns. The Fed’s continued efforts to pump money into mortgage bonds helped keep mortgage interest rates favorable. For the week, interest rates on government and conventional loans fell by about 1/2 of a discount point. The Treasury auctions will once again take center stage this week as additional debt supply hits the market. Durable goods orders and consumer sentiment data will be important.LOOKING AHEAD
Economic
IndicatorRelease
Date & TimeConsensus
Estimate
AnalysisExisting Home Sales Monday, March 23,
10:00 am, etDown 0.8% Low importance. An indication of mortgage credit demand. A significant decrease may lead to lower rates. 2-year Treasury Note Auction Tuesday, March 24,
1:30 pm, etNone Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Durable Goods Orders Wednesday, March 25,
8:30 am, etDown 2.0% Important. An indication of the demand for "big ticket" items. Weakness may lead to lower rates. New Home Sales Wednesday, March 25,
10:00 am, etDown 2.9% Important. An indication of economic strength and credit demand. Weakness may lead to lower rates. 5-year Treasury Note Auction Wednesday, March 25,
1:30 pm, etNone Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Q4 GDP final revision Thursday, March 26,
8:30 am, etDown 6.6% Important. The aggregate measure of US economic production. Weakness may lead to lower rates. 7-year Treasury Note Auction Thursday, March 26,
1:30 pm, etNone Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates. Personal Income and Outlays Friday, March 27,
8:30 am, etDown 0.1%,
Outlays up 0.3%Important. A measure of consumers’ ability to spend. Weakness may lead to lower mortgage rates. U of Michigan Consumer Sentiment Friday, March 27,
10:00 am, et56.0 Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates. Additional Fed Money
Last week the Federal Reserve announced it would pump another $750 billion into purchasing more mortgage-backed securities, the bonds that directly dictate 30 year and 15 year fixed rate Government and Conventional mortgage interest rates. This is in addition to the $500 billion being used between January and June to drive mortgage interest rates lower and help stimulate the economy.So far the Fed has been able to keep mortgage interest rates relatively low while not destroying the functioning secondary market where investors buy and sell mortgage bonds. The potential negative is that the Fed has become the primary purchaser of these bonds. In the short term take advantage of these advantageous rates. There is uncertainty how things will play out once the Fed begins to unwind those positions in the futures.