Is it good if a vacuum really sucks?
When I find it, I don’t need it. When I need it, I can’t find it.
If camera lenses are round, why are the pictures square?
Now The Market Report . . .
Last week’s manufacturing data left markets feeling that the Fed will cut rates again this month, more than doubling the likelihood to 80+%.
Producer prices fell unexpectedly in September, leading to the smallest annual increase in nearly 3 years. This is also supportive of better mortgage rates.
High level trade talks with China resume this week. If any kind of deal gets done, it could include suspending next week’s planned increase on tariffs.
According to a recent survey, consumer sentiment on housing remains strong. Respondents felt it was both a good time to buy and a good time to sell a home
According to data from the Home Mortgage Disclosure Act, mortgage denials have fallen to the lowest rate since the financial crisis and dating back to 2004.
Three minor upgrades that can spruce up a home quickly? Get the most bang for the buck by updating the front door, the mailbox, and the light fixtures.
“If everything seems under control, you’re not going fast enough.”
Mario Andrett
This week’s potential market moving reports are:
Monday, October 14th: No Reports
Tuesday, October 15th: No Reports
Wednesday, October 16th: MBA Mortgage Applications, Retail Sales, Home Builders Index
Thursday, October 17th: First Time Jobless Claims, Housing Starts, Building Permits
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.