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From Our Lending Partners at Idaho Central Credit Union

June 15th, 2020 by Coldwell Banker Tomlinson

Economic Activity Picks Up

Overview

The data released over the past week revealed an unprecedented decline in economic activity resulting from the pandemic, but also indicated that recovery has already begun. Mortgage markets have been relatively quiet, and rates again ended the week with little change.

Following growth of 2.1% in the fourth quarter of 2019, gross domestic product (GDP), the broadest measure of economic activity, fell 5.0% in Q1 2020, which was the weakest reading since 2008. As bad as that was, however, it does not even come close to the expected decline for the second quarter....

Click Here to Read More...

Categories: Buying A Home

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, For Buyers

Related Markets: Boise

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Posts in category 'Tips For Buyers'

From Our Lending Partners at Idaho Central Credit Union

Economic Activity Picks Up

Overview

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