It’s almost here!
Will you watch the game with family and friends? Order pizza and wings? Tune in only for the commercials? No matter how you celebrate, I hope you enjoy this uniquely American tradition.
May your favorite team win!
Bumper sticker: If my bumper falls off I’ll need this sticker back.
I’d do anything for a perfect beach body, except work out and eat less.
Someone asked me where I was born, I said the hospital.
Classical music just confuses all the other voices in my head.
Now The Market Report . . .
Consumer confidence was down this month, likely affected by the government shutdown. Still, consumer spirits remain robust by historic standards.
The Fed left policy rates unchanged at this week’s FOMC meeting. They also signaled that future rate hikes this year are less likely than previously forecast.
Trade talks with China continue this week, though there is still little indication they are willing to bend to U.S. demands. The deadline for striking a deal is March 1.
Case-Shiller says home prices are rising at a slower pace. Even still, values increased 5.2% annually in November, only down from 5.3% in October.
Pending home sales were down slightly in December. Although tight supply continues to play a role, a drop in mortgage rates is expected to help.
New home sales were up 16.9% in November, vs 2.9% expected. The median sales price of new houses sold in November 2018 was $302,400.
“Impossible is not a fact. It’s an opinion.”
– Muhammad Ali
This week’s potential market moving reports are:
Monday, February 4th: Factory Orders
Tuesday, February 5th: ISM Manufacturing Data
Wednesday, February 6th: MBA Applications, 4th Quarter Productivity
Thursday, February 7th: First Time Jobless Claims
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…