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economics

Mortgage Rates Drop – Employment Numbers Stink

Interest rates dropped like a rock today. Right when the Federal Reserve was talking up a fed rate increase, the employment numbers came in way below the consensus. The 38,000 created jobs in May was forecast to be 162,000. More numbers to digest: The Labor Department also reported Friday that ... » Learn More about Mortgage Rates Drop – Employment Numbers Stink

Filed Under: Uncategorized Tagged With: economics, housing affordability, mortgage rates

Small Business Financial Workshop Tuesday

5 Critical Financial Strategies Every Business Owner Should Know presented by the Economic & Financial Education Council. My presentation "Self Employed and Qualifying for a Mortgage" will be a segment of the workshop. Tuesday August 18 6pm 18118 Sherman Way Reseda, CA in the Bank of America ... » Learn More about Small Business Financial Workshop Tuesday

Filed Under: Uncategorized Tagged With: economics, san fernando valley homes, small business

Ouch ! Rates Have Jumped !

Interest rates have broken out of technical areas today. This chart of the 10 year note correlates with the direction of mortgage rates. Over the past 3 days we've seen a 1/4% increase in rates, and over the 2 months it's up 3/4%. This will hurt potential buyers to qualify for loans, but also drive ... » Learn More about Ouch ! Rates Have Jumped !

Filed Under: Uncategorized Tagged With: economics, housing affordability, mortgage rates

Mortgage Interest Rate Update February 11, 2015

Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for California Association of Mortgage Professionals evaluates the present mortgage interest rate environment as of February 11, 2015 Ron Henderson GRI, RECS, CIAS President/Broker Multi Real Estate Services, ... » Learn More about Mortgage Interest Rate Update February 11, 2015

Filed Under: Uncategorized Tagged With: economics, housing affordability, mortgage rates

Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?

Don’t wait for the news to give you obsolete information. Ron Henderson President/Broker of Multi Real Estate Services, Inc will be conducting a presentation on how to use past and present indexes, charts, housing data, and technical analysis to determine the future direction of interest rates and ... » Learn More about Wednesday- Do You Want a Crystal Ball That Will Predict the Future of Real Estate?

Filed Under: Uncategorized Tagged With: California Real Estate market, Dodd Frank financial regulations, economics, first time buyers, Home Prices, housing affordability, san fernando valley homes

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