by Athena Paquette | Dec 3, 2016 | Blog, Home Owners, Investors, Realtors
It was a busy week in economic news, and the rates show it. Tuesday we got a revised GDP for October up to 5.3% from 2.9% – wow did the US start producing or what? Such a big jump was not “mortgage interest rate friendly”. Wednesday the ADP payroll number came...
by Athena Paquette | Sep 25, 2015 | Blog, Home Owners, Investors, Realtors
This week was a doozy in the stock market! Normally that helps the bond market, but it had little effect. In the end, it was a seesaw week. We got a final GDP revised number and it now was determined that the GDP grew at 3.9% in the 2nd quarter which was much better...
by Athena Paquette | Jun 27, 2014 | Investors, Realtors
Economic news: People often ask me what the economic news has to do with real estate. How does the GDP affect interest rates or the price of real estate? Or what do I mean that the Consumer Price Index could affect the price of a home in Torrance? On some economic...
