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Holiday Mixer & Boutique {Market Report} December 17th

Holiday Mixer & Boutique {Market Report} December 17th
December 17, 2018 abryant

 

Please join us Tuesday, December 18th, 4-7 pm for a Holiday Mixer hosted by SRAR and American Family Funding! We’d love to celebrate the holidays with you! 

There will also be a holiday boutique featuring:

Wood signs, themed aprons & bags, art, paintings & photography, holiday greeting cards, jewelry & crystals, themed Mickey Mouse ears, Doterra oils, spices and rubs, pepper jelly, caramel apples, & toffee!  Pick up some great last minute gifts while supporting victims of the recent fires.

 

It’s not what you’re called…it’s what you answer to.

Before. B- e- f- o- r- e not b4. We speak English not bingo!

What is the speed of dark?

Damn, I forgot to go to the gym yesterday! That’s 10 years in a row now…

 

Now The Market Report . . .

 

The Fed’s plans to continue raising policy rates next year may be on hold. However, a policy rate hike at next week’s FOMC meeting is still likely.

The core consumer price index, which is a key measure of inflation, picked up in November. Inflation could put pressure on mortgage rates to move higher.

Unemployment claims fell to a near 49-year low last week. The drop could ease concerns about a slowdown in the labor market and economy.

 

Data for November shows mortgage applications for newly constructed homes were down 14% from October. Applications were also down 11% year over year.

Freddie Mac is helping to lower utility bills for hundreds of thousands of low- and middle-income renters. It’s part of their 3-year “Duty to Serve” plan.

Freddie and Fannie Mae have announced a nationwide suspension of eviction lockouts on foreclosures for the holiday season, from Dec. 17 through Jan. 2.

 

“Success is where preparation and opportunity meet.”

– Bobby Unser

 

This week’s potential market moving reports are:

 

Monday, December 17th:         Home Builders Index

Tuesday, December 18th:        Housing Starts, Building Permits

Wednesday, December 19th:   MBA Mortgage Applications, Existing Home Sales

Thursday, December 20th:       First Time Jobless Claims

Friday, December 21st:            Durable Goods Orders, Consumer Spending, 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.