by Athena Paquette | Mar 19, 2016 | Blog, Home Owners, Investors, Realtors
All eyes were on the Fed this week. The Fed decided not to raise the prime lending rate and the markets loved it, giving interest rates a break. The upward movement of last week was broken. We started the week with the Feb retail sales down .1% but then Jan. sales...
by Athena Paquette | Jan 30, 2016 | Blog, Home Owners, Investors, Realtors
Another rocky week in the markets gave us more downside to the stock market and see-saw action in the fixed rates. The biggest news was that the Federal Reserve decided to leave rates as is, or in other words not raise them again, given the world economy’s weakness....
by Athena Paquette | Nov 20, 2015 | Blog, Home Owners, Investors, Realtors
It was a quiet week in economic news. The biggest news was the “watching” of the Federal Reserve. The long awaited (not) meeting minutes of the FOMC meeting had stronger language, hinting at a rate hike in December. The meeting will be held December 16th. The other...
by Athena Paquette | Oct 9, 2015 | Blog, Home Owners, Investors, Realtors
It was a quiet week this week in economic news. Next week will bring us the PPI, retail sales for September and CPI which are all 3 indicators of whether there are inflationary pressures. All expectations are that this will be a flat number. This is bad news as a...
by Athena Paquette | Sep 25, 2015 | Blog, Home Owners, Investors, Realtors
Veteran who has been trying to refi for 4 months comes to a class for veterans and gets a great rate in 3 weeks! He said that he had been overwhelmed with paperwork by a lender in San Diego. The lender had taken his loan application in June and was still “working on...
