I exercise…I don’t use the drive through and jog into McDonald’s.
Life begins at 40 – but so do fallen arches, rheumatism, faulty eyesight, and the tendency to tell a story to the same person, three or four times.
We have become incredibly impatient. Someone once said that the shortest period of time, is the time between when the light turns green and when you hear the first horn honk.
If life was fair, Elvis would be alive and all the impersonators would be gone.
Knowledge is knowing a tomato is a fruit; wisdom is not putting it in a fruit salad.
Now The Market Report . . .
Global economic concerns have sent bond prices soaring this week as investors move to safety. Improved bond prices have helped bring mortgage rates lower.
The 4th quarter GDP number was reduced from 2.6% to 2.2%, signaling economic growth slowed even more than was initially reported.
Consumer confidence slumped in March, missing forecasts. This was the 4th decline in 5 months and could contribute to slowing the economy.
Housing starts fell 8.7% in February, the most in 8 months. Construction of single-family homes dropped to more than a 1-1/2-year low.
Home prices, however, continued to rise in January. Nationally, prices rose 4.3% year-over-year, which is near the long-term average pace.
Despite lower mortgage rates, pending home sales dropped 1% in February compared with January. Further rate drops in March could bring more sales.
“There is nothing so useless as doing efficiently that which should not be done at all.”
Peter Drucker
This week’s potential market moving reports are:
Monday, April 1st: Retail Sales, Construction Spending, ISM Manufacturing Index
Tuesday, April 2nd: Durable Goods Orders
Wednesday, April 3rd: MBA Mortgage Applications, ADP Employment Report
Thursday, April 4th: First Time Jobless Claims
Friday, April 5th: National Employment Situation
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…