by Athena Paquette | Aug 26, 2016 | Blog, Home Owners, Investors, Realtors
When one bank says no another says yes. This week we had the very bad news that if one of our investors pulls credit after we pull credit, they are the only ones. And because of this, our client’s credit score went from qualifying at 724 mid score to no longer...
by Athena Paquette | Aug 20, 2016 | Blog, Home Owners, Investors, Realtors
Another quiet week in the markets, typical for late summer. What could have moved the markets and didn’t were the Consumer Price Index , which was unchanged, and housing starts were up 0.5%, building permits unchanged. So flat, flat, flat. The next day the data for...
by Athena Paquette | Aug 20, 2016 | Blog, Home Owners, Investors, Realtors
Investor who missed the low rate by 1 day in 2012 finally gets a second chance and gets the rate she was waiting for. In November 2012, rates went up .375% in a matter of days. My client was “thinking” about whether she should drop her rate from 5.375% down to 3.625%,...
by Athena Paquette | Aug 12, 2016 | Blog, Home Owners, Investors, Realtors
It was a week of some good and some bad news for the economy, with investors mixed reactions. Tuesday we got the Q2 productivity numbers: DOWN 0.5%; our Unit Labor Costs were up 2% (costs being up indicates possible inflation). Friday we got July’s Retail Sales...
by Athena Paquette | Aug 12, 2016 | Blog, Home Owners, Investors, Realtors
It’s all about the cash flow… My client who is an attorney lost a major contract and was thinking that maybe not seeking another big contract and winding down sounded like a good idea… This after just 2 weeks off; can you relate?? So he called me to look at all his...
by Athena Paquette | Aug 6, 2016 | Blog, Home Owners, Investors, Realtors
Jobs, jobs, jobs! Yes, it’s the first Friday of the month, and so all eyes were on the monthly jobs report. As you probably remember, expectations were that 180,000 jobs were created. The number came in at 255,000, which was higher than expected, indicating a stronger...
