Quiet Until Friday
This week was a pretty quiet week with economic data until Friday. Today we got the September retail sales were up 0.6%, which was more than expected, and the PPI (producer price index) was up 0.3%. Both are signals that higher inflation could be on the horizon. On...
Can I Buy a Home Without Selling My Old Home?
How can I buy a home without selling my old home? I don’t want to sell my current home and then be stuck because I don’t find a replacement home quick enough. This is a great question. Many people are currently upgrading their living space, where you own a starter...Once Again Economic News Was Up and Down
This week’s news created a see-saw. On Monday the Institute of Supply Management Manufacturing number was announced at a much stronger than expected 51.5. On Wednesday, we learned that Institute of Supply Management announced that the Service Sector rose to 57.1, also...
First Conversation with Client was a Doozy!
A bankruptcy, a near foreclosure, and taxes not paid… a notice that the mortgage payment going up from $2300 to $3700 because the lender is forcing the “catch up”… this is how my first conversation went with my new client. Wow! But there’s more… Loan gets...