We have a very busy housing news week ahead of us.
This morning we have seen the NY Empire State survey. The median expectations we're calling for growth of 5.0 follow -.6 decline the month before. According to the index the Business conditions have expanded by 13 points up 12, new orders up nearly 8 points to 13.4 and shipments increasing 3 points to 14.1. The employment index improved, employee payrolls up -7.5 versus a reading of -21.8 the month before.
At 1 PM today we received the housing market index.
Tomorrow
We will se housing starts which is looking for another strong advance. As well as PPI (producer price index).
Thursday
Jobless Claims
LEI (leading economic indicator)
Philly Fed Manufacturing survey
Friday
Existing home sales
About The Utah Finance Guru!
- Cindee D. Stone
- Loan Officer Interview Q and A: How long have you been in the mortgage business? I have been in the mortgage industry for over 18 years. I have been very blessed and fortunate to have worked with so many wonderful people! How has the mortgage industry changed since you started, and what would you expect in the future? The mortgage industry and changed so much over the last few years. And, continues to change on a daily basis. It is very important to have a loan officer that has the experience to guide you through the process with success. What can borrowers do to insure a smooth mortgage underwriting process? The most common issue during the loan process is getting all of the documents from the borrowers. It is so different now and so much more is needed. This allows us to see the entire picture and make sure it all goes as smooth as possible. What provides you with the most satisfaction in your job as a Loan Officer? Even though the mortgage industry is harder these days, it will never take away the satisfaction and happiness with assisting someone getting into the home of their dreams! Or, helping a homeowner refinance and save money.
My Family
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