by Athena Paquette | Feb 4, 2017 | Blog, Home Owners, Investors, Realtors
Lots of news; not much movement. On Monday, the December personal income number came out 0.3% higher and spending was up 0.5% – not really interest- rate moving, but ironic that we earn 0.3% more and spend 0.5% more. Then Wednesday, the Institute of Supply...
by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Investors, Realtors
This week had mostly weaker than expected economic data which helped interest rates only slightly. Tuesday the Existing home sales for December were weaker than expected, down 2.8%. Thursday the initial weekly jobless claims jumped up 22k to 259k and the December new...
by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors
6 years ago, a 25 year old man was dragged into my real estate investment class at TUSD. He listened and learned. A few months later he came in for his 90 minute free consultation. He also played CASH Flow 101 a couple of times and had fun. During the consultation...
by Athena Paquette | Jan 22, 2017 | Blog, Home Owners, Investors, Realtors
This week held a lot of good news (and some not so good) that points to a stronger economy. So sorry… Why do I say sorry? Because when the economy looks stronger, that means rates might go up. Wednesday, the Consumer Price index or CPI was announced, and that number...
by Athena Paquette | Jan 22, 2017 | Blog, Home Owners, Investors, Realtors
My sister was turned down by her credit union for a loan and we can’t figure out why? She is retired, but gets income from oil investments and other stock dividends. She has 4 Million in her IRA. We are shocked!” Great question! After her reviewing her tax...
by Athena Paquette | Jan 7, 2017 | Blog, Home Owners, Investors, Realtors
Happy New Year! The year started off pretty quietly, but then the Fed, Shopping and Jobs—yes, all in 1 week. The Fed minutes from the meeting in December were released and it seems that they think they may need to raise rates more than expected. Or more quickly than...