(661) 284-1150 | 28368 Constellation Road | # 398 | Santa Clarita, CA 91355

Time to spook up your Halloween game! {Market Report} October 29th

Time to spook up your Halloween game! {Market Report} October 29th
October 29, 2018 abryant

Market Report - American Family Funding

 

 

 

Here are some tips and tricks for your scariest Halloween yet.

Enjoy!  Please stay safe and have fun out there.

 

Do you know a student trying to get accepted into college? 

Save The Date! We’re having a seminar!

“How to Strategically Position & Market your student to get Accepted and receive MAXIMUM Scholarships, Merit & Institutional.”

College Planning Experts, the leading experts in the industry, will be presenting very informative & valuable content. Come learn the secrets and the strategies on how to get accepted, max merit scholarships and institutional grants, when you should start and why. Learn how to leverage real estate for funding tuition, and much more.

Wednesday, November 14th, 6:30 PM, at American Family Funding, 28368 Constellation Road, Suite 398, Santa Clarita, CA 91355

Space is limited – MUST REGISTER – click on link below

https://cpei.infusionsoft.app/app/form/111418AFF

or Call Rudy Herrera at 661-373-5753

 

I was uncool before being uncool was cool!

Consciousness: That annoying time between naps.

Why don’t birds fall off trees when they sleep?

 

Now The Market Report . . .

 

This week’s stock rout drove some traders to seek safety in bonds, causing mortgage bonds to perform well and helping to stabilize rates.

Orders to U.S. factories for big-ticket manufactured goods slowed in September. However, they were still up 0.8% from August, pointing to economic growth.

Although new applications for unemployment aid rose last week, the number of people receiving benefits fell to a 45-year low, signaling labor market tightening.

 

New home sales dropped 5.5% to a near 2-year low in September. However, numbers were likely affected by Hurricane Florence and could be skewed.

September’s pending home sales were slightly lower than a year ago but were up 0.5% over August. Affordability continues to weigh on buyers.

Mortgage applications rose 4.9% from the previous week. Purchase apps rose 2% for the week and were basically flat compared to a year ago.

 

I’m trying to date a philosophy professor, but she doesn’t even know if I exist or not.

 

This week’s potential market moving reports are:

 

Monday, October 29th:          Consumer Spending, Core Inflation

Tuesday, October 30th:         Case-Shiller Home Price Index, Consumer Confidence

Wednesday, October 31st:    ADP Employment Report

Thursday, November 1st:      First Time Jobless Claims, ISM Manufacturing Index

Friday, November 2nd:          National Employment 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.