Success Story of the Week: One of my loudest advocates

One of my longtime clients and loudest advocates referred her co-worker almost 2 years ago to refinance her home. She started to get her paperwork together and would get side tracked. Life presented all kinds of hurdles and so it took until June of this year to get things going. She thought she had to […]

Economic News this Week: Lots of news with little movement

Lots of news with little movement. On Monday the Existing Homes for May fell 1.8% year over year, mostly due to tight inventory. The markets were quiet on that news, and because all eyes were on the Fed meeting on Tuesday and Wednesday, almost every investor had hit the pause button. On Wednesday, investors were […]

Economic News This Week: Not much movement in the rates

It was a quiet week this week, so not much movement in the rates. The big number was Thursday’s June housing starts – a much bigger number than expected at 8.2%. Also, building permits were up 7.3%, which should have made rates go up more, but they did only slightly. On Friday the weekly jobs […]

Economic News this Week: Bad News for Interest Rates

It was a busy week this week, even with the July 4th holiday and shortened market day the day before. On Monday, the Institute of Supply Management index for June was 57.8% versus last month’s 54.9%, considered a big jump, which means a more robust economy and possible increase in inflation with higher rates. On […]