Even though we have seen 30 year fixed rate mortgages climb a little higher each quarter in 2018, the rates are still at historic lows when you look at rates over the last 46 years. Even at a 5% 30 year fixed rate mortgage, this still gives buyers more buying power than the 36 year period from 1972 to 2008. Thanks to Brett Evertz from Opportunity Bank for this chart.
Montana State Unversity in Bozeman has set a new fall enrollment record, with 16,902 students on campus this fall. This represents a 1.2% increase from last year and 11 straight years of enrollment growth. MSU also saw an increase in the number of first-time students returning for their second year, some 77.2 %. And 62% of MSU students are from the state on Montana.
The Gallatin Valley Land Trust in Bozeman is hosting their annual Summer Trails Challenge. For every mile you walk, hike or bike generous donors will give $1 to the GVLT for every mile up to 66,000 miles. Check out all the details and log your miles on the Gallatin Valley Land Trust web site at GVLT This challenge ends on June 22nd so get to walking, hiking and biking.