I follow a rigorous exercise routine that I never get lazy about; jogging to the fridge.
The hardest part of trying to take one sheep is stopping the rest of them from following.
When is the longer way always better than the shorter one? When you’re a taxi driver.
What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet.
Now The Market Report . . .
A recent string of disappointing economic data has caused stocks to plummet and bond yields to drop. When yields drop, mortgage rates generally improve.
The labor market, on track to add about 1.9 million jobs this year, could be faltering. It’s the smallest jobs gain since 2010 and down 2.7 million from 2018.
Markets are now pricing in an October Fed policy rate cut, the 3rd in as many months. This speculation is helping mortgage rates improve.
The housing market may be a bright spot in a worrisome economy. The forecast for home sales is good due to rising demand and a projected uptick in inventory.
Single-level homes are making a comeback. One-story homes comprised 47% of new home construction in 2018, up from 45% in 2017.
Fannie Mae and Freddie Mac will be allowed to keep more earnings, a total of $45 billion moving forward, as an initial step toward exiting government control.
“Happiness is not something ready made. It comes from your own actions.”
Dalai Lama
This week’s potential market moving reports are:
Monday, October 7th: No Reports
Tuesday, October 8th: Producer Price Index
Wednesday, October 9th: MBA Mortgage Applications, Job Openings, FOMC Minutes
Thursday, October 10th: First Time Jobless Claims, Consumer Price Index
Friday, October 11th: Consumer Sentiment
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.
American Family Funding Recent Articles:
Weekly Expert Update {Market Report} – February 14, 2022
Quick takeaways: Three ways to ensure a positive experience for first-time homebuyers. Google is making privacy changes to its Chrome…