RECENT BLOG POSTS
A Fabulous Friday Morning to all, Morning Economic News: GDP Annualized was revised down from 3.3% to 2.8%, Personal Consumption Expenditure’s came in well under expectations, Consumer sentiment shows an increase in consumer confidence. Advice: We have had a nice rally ..lock prior to a correctio...
A Terrific Thursday Morning to all, Morning Economic News: Both Initial and Continuing Jobless Claims drop, Durable Goods Orders are disappointing, New home Sales come in under expectations. Focus is still on the Mid East be careful.. Have a Great Day!
FHA Changes coming in April to Monthly Mortgage Insurance for FHA loans Mortgagee Letter 11-10 Effective April 18th the Annual Mortgage Insurance will increase 25 basis points. 30 YEAR Term Mortgage LTV 95% and above: Current 90 BPS April 18th 115 BPS LTV 95% and below: Current 85 BPS April 18th ...
A Wonderful Weds Morning to all, Morning economic news: Existing home sales beat expectations..up 2.7% from the previous month. Be careful as the focus on the Mid East settles.. Tip for business expenses 2011 Have a great day!
A Terrific Tuesday Morning to all, Morning Economic News: Consumer Confidence and Richmond FED Manufacturing Index both beat expectations, S+P Case Shiller Home Price Index droops to 2009 levels. Unrest in the Mid- East and rising oil prices have center stage. Be careful.. Have a great day! Pleas...
A Fabulous Friday Morning to all, Lean economic news this morning. The focus will be on the G20 meeting in Europe ( global financial meeting ) concerning cash flows from country to country. Have a great weekend!
A Terrific Thursday Morning to all, Morning Economic News: Both Initial & Continuing Jobless claims are up: Leading indicators up slightly but under expectations: Philly Fed Manufacturing Survey surges past expectations. Concerns with global inflation will eventually have an impact here ( we saw ...
A Wonderful Weds Morning to all, Morning Economic news: Building Permits down, Housing starts were up ( mainly to beat the changes in building codes), Industrial production came in under expectations. PPI (Producer Price Index measures inflation) was up. Have a great day!
A Terrific Tuesday Morning to all, Morning Economic News: Retail Sales –Autos came in under expectations, Business Inventories Flat, NY St Manufacturing Index up slightly, NAHB Housing Market Index still down./ Import Prices Y-Y up 5.3% : Export Prices M-M up 1.2%:Import Prices M-M 1.5% Soft Reta...
Happy Valentine’s Day Lean Economic news: FED’s Budget proposal with spending cuts. Be careful as the afternoon progresses.. Have a great day!