Idaho Mortgage Rate Forecast
Idaho Mortgage Rate Forecast: Week of January 20, 2025
If you’re keeping a close eye on mortgage rates in Idaho, this week brings some potential movement. Rates saw modest improvement last week, thanks to favorable inflation data. However, as we kick off this week with a holiday and limited economic data, the outlook suggests rates might edge slightly higher. Here’s what you need to know.
📊 What’s Influencing Mortgage Rates This Week?
- Trump Inauguration
President Trump will be sworn in on Monday. Markets often react to major political events, and the inauguration is no exception. Expect potential market volatility based on any immediate executive orders or announcements. These actions can indirectly influence mortgage rates. - The Federal Reserve (Fed)
While the Fed played a significant role in last week’s rate improvements (thanks to statements from Fed Governor Waller), no Fed members will be making public comments this week. The Fed enters a “blackout period” ahead of its January 28th–29th meeting, leaving investors to speculate about future policy decisions.
📈 Long-Term Rate Outlook
Despite some short-term volatility, the broader outlook suggests rates will remain near current levels for the foreseeable future. If you’re planning to buy a home or refinance in Idaho, now might be the time to act before rates trend higher.
At Idaho Mortgage Calculator, we’re here to keep you informed about the mortgage market and help you make confident home financing decisions. Stay tuned for our next update, and feel free to explore our tools to calculate your mortgage payment and find the best rates in Idaho.
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