![]()
Click Here For More Information and Apply Today!
Now The Market Report . . . |
|
![]() |
|
![]() |
Consumer prices rose 0.2% in September, mainly due to a sharp increase in used car prices. Inflation still remains below the Fed’s target of 2.0%, which helps rates remain low. |
![]() |
Producer prices also rose in September. The increase was more than expected amid a surge in costs for traveler accommodation services. It was the 1st year-on-year gain since March. |
![]() |
Jobless claims unexpectedly increased last week, coming in at 898,000. The increase could heighten fears that the pandemic is inflicting lasting damage to the labor market. |
![]() |
|
![]() |
Record high lumber prices are driving up new home prices. Recent spikes in lumber have added more than $16,000 to the typical cost of a new single-family home. |
![]() |
The pandemic is reversing a long-standing preference by renters for urban locations. Instead, rentals are surging in suburban markets, where renters with no commute can afford larger spaces. |
![]() |
Rising home prices translate into higher down payment requirements, making purchases harder on first-time buyers. The median home price is now $350,000, up from $312,000 a year ago. |
![]() |
“The most interesting things happen just on the other side of your comfort zone.” Michael Hyatt
Next week’s potential market moving reports are:
|
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.