(661) 284-1150 | 28338 Constellation Road | # 900 | Santa Clarita, CA 91355 | NMLS #252302

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.

American Family Funding Recent Articles:

American Family Funding – Market Update March 19, 2021
American Family Funding – Market Update March 19, 2021

Please enjoy this quick update on what happened this week in the housing and financial markets.     Asking for…

American Family Funding – Weekly Market Blog – March 01, 2021
American Family Funding – APM Cares – February 18, 2021