Happy Easter!
I hope you enjoy a wonderful celebration with those you love.
The first time I see a jogger smiling, I’ll consider it.
If I had nine of my fingers missing I wouldn’t type any slower..
My brain has too many tabs open.
Now The Market Report . . .
The consumer price index rose less than forecast in March. A key measure of inflation, this reading supports the Fed’s decision not to raise rates this year.
Producer prices increased by the most in 5 months in March. However, underlying prices remained soft, an indication of tame inflationary pressures.
Jobless claims fell to a 49-1/2-year low last week. Sustained labor market strength could help temper concerns of an economic slowdown.
Although down from January, construction job openings were higher year-over-year in February, highlighting the challenge of labor availability for builders.
Housing sentiment surged in March, with sellers the most optimistic. Consumers who say it’s a good time to sell increased 13% from February, up 4% from 2018.
CoreLogic says mortgage delinquencies in January were the lowest for that month in 20 years. Serious delinquencies dropped to 1.4% from 2.1% in 2018.
“Discipline is the bridge between goals and accomplishment.”
Jim Rohn
This week’s potential market moving reports are:
Monday, April 22nd: Exiting Home Sales
Tuesday, April 23rd: New Home Sales
Wednesday, April 24th: MBA Mortgage Applications
Thursday, April 25th: First Time Jobless Claims, Durable Goods Orders
Friday, April 26th: 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…