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Happy St. Patrick’s Day, March Madness and {Market Report} March 18th

Happy St. Patrick’s Day, March Madness and {Market Report} March 18th
March 19, 2019 abryant

 

 

May the luck of the Irish find you today and follow you always!

 

Come watch March Madness with American Family Funding on Friday, March 22, 3-6 pm, and cheer on your favorite teams!  Food and drinks will be served!

 

 

Daylight savings time is like cutting 24″ off the top of your blanket and sewing it to the bottom to keep your feet warm!

Always be nice to your children because they are the ones who will choose your rest home.

I just realized that the movie Taken is the adult version of Finding Nemo.

My favorite machine at the gym is the vending machine.

By the time you realize that your parents were right, you have children who think you are wrong.

 

Now The Market Report . . .

 

Wholesale prices barely rose in February, after falling for 3 straight months. This is a sign there is little inflation pressure in the economy, which is good for rates.

Retail sales edged up in January, but December was revised sharply lower. The increase was mainly due to discretionary spending and purchases of building materials.

Import prices rose in February by the most in 9 months. However, the trend in imported inflation remains weak, supportive of rates staying low.

 

New home sales declined to a 3-month low in January. The government shutdown and a battered stock market appear to have hurt sales.

Construction spending posted its biggest increase in 9 months. However, private residential projects dropped 0.3%, falling for the 6th straight month.

The latest design trends include bolder color schemes and brass finishes, particularly in the kitchen and bathroom.

 

 

Worrying doesn’t empty tomorrow of its sorrow, it empties today of its strength.”

 Corrie Ten Boom

 

This week’s potential market moving reports are:

 

Monday, March 18th:          Homebuilders Index

Tuesday, March 19th:         Housing Starts

Wednesday, March 20th:    MBA Mortgage Applications, Federal Reserve Announcement

Thursday, March 21st:        First Time Jobless Claims

Friday, March 22nd:            Existing Home Sales

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.