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Fred-your attention to detail is great and working everything in a timely manner-thank you.

April 2011

The refi process was fast and with no surprises.  The follow through and attention was good and consistant.  Thank you Fred!
Fred always returned calls the same day and made sure everything was taken care of during our refi.
Our refi with Fred went smooth and we received excellent service and competitive rates.

November 6, 2011

Fred handled our Refi with excellent service and Integrity.  Thank you!

Dear Mr. Arnold,

It is not everyday you encounter people that are willing to help to genuinely help. Usually, an exchange of sorts takes place (many times financial), but not so in this case.   I am glad my search for information online brought me to you.

Thanks, Fred!

It has been a pleaseure working with you. Thank you for your straight-up approach and your passion for doing your work well.

Kinds regards,

Marianne

Thank you and Tara so much for putting together this loan and making it happen for Rick and I, and for holding off in order to deliver a great loan rate.
AFF is like a good old friend~ always there when you need them. Many modern companies have lost their client satisfaction because they don’t “care” about the client, AFF cares.

Fred, thank you for your time and effort. My realtor was even impressed by you & your processor Tara. Please keep me up to date on any home loan information.

Thank you Fred for helping us. We appreciate your friendship as well as your business help.
Fred Arnold went above & beyond to help my wife understand our loan. Our experience with AFF was pleasant and painless. The process was very easy and only took a minimum amount of valuable time.
Thank you Fred Arnold for making our 1st & 2nd mortgages a fast and easy process. Again thank you for your knowledge & patience. You always thru for us!

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Real Estate and Market Report for July 8th 2011

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Real Estate Morgage Blog - Fred Arnold Blog
Written by Fred Arnold   
Monday, 11 July 2011 17:21

Wow – a fairly uneventful week in the markets, until FRIDAY!!! The stock market had gradual increases throughout the week on some mildly positive news about unemployment and jobless claims.  That all came to a screeching halt on FRIDAY morning!!

Unemployment was the big headline on Wednesday and Thursday talking about the ADP Payroll Report and weekly First Time Jobless Claims.

On Wednesday ADP released their unemployment report with the expectation that economy added 157,000 jobs.  The stock market liked the report and reacted with a moderate increase.  Then on Thursday first time jobless claims dropped from 432,000 to 418,000, and as expected, talk of an improving employment picture resurfaced on the business news channels.  Once again, the stock market liked that news as well.  And then there was FRIDAY!!!  This morning the government released the national unemployment figures, and to almost everyone’s surprise, the unemployment rate rose .1% to 9.2%.

We have not had first time jobless claims below 400,000 for almost 2 consecutive months.  When you have that many people losing their jobs and almost all of the other economic reports showing the economy growing at a very slow pace, there is no way the employment picture can improve.  If you look at the last few years of the unemployment rate, you will see that at no time when first time jobless claims were significantly over 400,000, has the national unemployment rate ever dropped.

On the real estate front, the recent climb in mortgage rates stabilized this week with rates remaining virtually unchanged until Friday’s poor employment report which caused rates to drop about 1/8%.

Next week the focus will be on reports which may provide information on the direction of the economic recovery.  Between the inflation reports, retail sales and industrial production, these will all be solid indicators as to where the economy is headed in the near future.

Economic Reports on tap for next week:

  • Tuesday July 12th – FOMC Minutes
  • Wednesday July 13th –MBA mortgage Applications
  • Thursday July 14th – First Time Jobless Claims, Retail Sales and Producer Price Index
  • Friday July 15th – Consumer Price Index and Industrial Production

Have a great weekend!

Fred, 661-505-4300       This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

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Authors: Fred Arnold

Read more http://realestatemarbles.com/fredarnold/2011/07/12/real-estate-and-market-report-for-july-8th-2011/

 

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28368 Constellation Road, Suite #398

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