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From Our Lending Partners at Idaho Central Credit Union

July 16th, 2020 by Coldwell Banker Tomlinson

Low Inflation Helps Keep Rates at Record Lows

Overview

During a light week for economic data, investors remained focused on the concerning spread of the coronavirus in many regions. Mortgage rates dropped slightly to new record-low levels.

Reduced economic activity resulting from the pandemic has caused a significant decline in inflation, which has helped keep mortgage rates low. The Consumer Price Index (CPI) is a widely followed monthly inflation report that looks at the price change for goods and services.

In June, core CPI, which excludes the volatile food and energy components, wasÂ...

Click Here to Read More...

Categories: Buying A Home

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, Moving Tips, New to Boise, For Buyers

Related Markets: Boise

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Posts in category 'Tips For Buyers'

From Our Lending Partners at Idaho Central Credit Union

Low Inflation Helps Keep Rates at Record Lows

Overview

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