by Athena Paquette | Jan 9, 2016 | Blog, Home Owners, Investors, Realtors
Did you see the stock market this week? Well if you did, and you have read my newsletter before, you know that most of the time when stocks don’t do well, bonds do, so rates go down. And you would also know that the first Friday of the month all eyes are on the jobs...
by Athena Paquette | Nov 6, 2015 | Blog, Home Owners, Investors, Realtors
Yes, it was JOBS JOBS JOBS eclipsing all other data. The October non-farm payrolls were up 271,000 putting the US unemployment rate at 5% down from 5.1%. The hourly earnings were up .4% and initial weekly jobs claims were up 16,000. Productivity in Q3 was up a...
by Athena Paquette | Oct 2, 2015 | Blog, Home Owners, Investors, Realtors
Soft economic news brought lower rates… We started the week’s economic data with personal income and spending. Income was up .3% and spending was up .4%. That was not good for mortgage rates, as it showed a pretty good increase in income and people’s spending. This is...
by Athena Paquette | Aug 29, 2015 | Blog, Home Owners, Investors, Realtors
What a week! After last week’s stock market drama, the world economy and our stock market looked like they was headed for free fall. Then a new week begins. While stocks were still on the downtrend earlier this week, on the home front we had surprisingly good news....