I hope you have a wonderful Easter with those you love!
I think my guardian angel drinks.
Young at heart. Slightly older in other places.
My swimsuit told me to “go workout,” but my sweatpants were like “nah, you’re good.”
Opera is when a guy gets stabbed in the back and, instead of bleeding, he sings.
To get back my youth, I would do anything in the world, except exercise, eat right, and get plenty of sleep.
Now The Market Report . . .
Workplace disruptions caused by the COVID-19 pandemic are expected to wipe out labor equivalent to the effort of 195 million full-time workers. That’s 6.7% of hours clocked worldwide.
Jobless claims last week topped 6 million for the 2nd straight week, totaling more than 15 million in the last 3 weeks. Almost 95% of Americans are now under stay-at-home orders.
The Fed announced another series of sweeping steps to provide as much as $2.3 trillion in additional aid, including starting programs to help small and mid-sized businesses.
Following a 1,270% increase between the weeks of March 2 and March 16, latest figures show an 1,896% increase in forbearance requests over the most recent 2-week period.
Some reports show nearly one third of apartment renters didn’t pay April rent the first week of April. Many tenants will be temporarily protected from eviction though.
Refinance applications dropped 19% last week but were up 144% over the previous year. Purchase applications were down 12% for the week and 33% year over year.
“It’s not whether you get knocked down, it’s whether you get up.”
Vince Lombardi
This week’s potential market moving reports are:
Monday, April 13th: None Scheduled
Tuesday, April 14th: None Scheduled
Wednesday, April 15th: MBA Mortgage Applications, Retail Sales, Industrial Production
Thursday, April 16th: First Time Jobless Claims, Housing Starts
Friday, April 17th: None Scheduled
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…