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Are granite countertops essential? {Market Report} March 12th

Are granite countertops essential? {Market Report} March 12th
March 12, 2018 abryant

 

 

Have you ever noticed how parents can go from the most wonderful people in the world to totally embarrassing in three seconds?

When people give you dirty looks, the dirt is on their face not yours.

Today I will be happier than a bird with a french fry.

HAS ANYONE SEEN MY CAPSLOCK?!!

There’s just one legitimate synonym for Friday: Boom Shakalaka

 

Now The Market Report . . .

 

President Trump’s proposed tariffs continue to spark talk of a trade war. This has caused uncertainty in markets, helping stabilize rates in the near term.

Although jobless claims last week came in higher than expected, the labor market remains strong, supporting a likely Fed policy rate increase this month.

The European Central Bank has shown confidence in the overseas economy and inflation. A strong global economy can pressure mortgage rates higher this year.

 

New home prices are likely to be pushed higher as builder costs increase. Lumber prices are up 25% over the same time last year.

Homebuyers are demanding more from their homes. A 2-car garage, granite countertops, and walk-in closet are now often cited as “essential” home features.

New tariffs on steel could drive up the cost of building apartment buildings and condos. Single-family homes, made of wood, are less likely to be affected.

 

I bought the world’s worst thesaurus yesterday. Not only is it terrible, it’s terrible.

 

This week’s potential market moving reports are:

 

Tuesday, March 13th:         Consumer Price Index

Wednesday, March 14th:   MBA Mortgage Applications, Producer Price Index, Retail Sales

Thursday, March 15th:       First Time Jobless Claims

Friday, March 16th:             Housing Starts, Industrial Production, JOLTS Report

Santa Clarita mortgages lender American Family Funding can help you fulfill your dream of home ownership. A highly rated Santa Clarita mortgages lender, American Family Funding maintains a focus on community involvement and a commitment to giving back whenever possible. A friendly mortgage advisor will make the first time homebuyer experience an easy and stress-free experience — even with bad credit or a low down payment. The Santa Clarita home loan officers at American Family Funding also specialize in VA loans, reverse mortgages, refinancing and the STAR Loan Program.