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MissionSanJoseMortgage (@missionsanjosemortgage) Instagram Profile Photo


Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] Some Highlights: According to the US Census Bureau, “millennials” are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more “old millennials” (25-36) are realizing that homeownership is within their grasp now! Office: Mission San Jose Mortgage 2111 West March Lane Suite B100 Stockton, CA 95207 (209) 651-2000 NMLS # 936439 #FannieMae ,

Looking to lower your payments? Consolidate your debt? Lower your term from a 30 to a 20, 15 or 10 year? Reach out to me to discuss options. 732-904-8580 or #fanniemae

Synergy One Lending (@synergyonelending) Instagram Profile Photo

Synergy One Lending

Get ready for a new 'This Week Today' coming at you on Monday where we will be talking about how a lot of financial regulators are turning into financial educators. We will see you then at 10 AM PST with host @chasemajerus!

TheGalanteGroup | Real Estate (@thegalantegroup) Instagram Profile Photo

TheGalanteGroup | Real Estate

Murrieta, California

Washington, DC – The Fannie Mae Economic and Strategic Research Group maintained its full-year 2018 and 2019 economic growth forecasts of 3.0% and 2.3%, respectively, despite expectations of slightly stronger third quarter growth than the prior forecast, according to its October 2018 Economic and Housing Outlook. The ESR Group still anticipates that growth slowed from the second quarter’s robust 4.2% annualized rate to a still-strong 3.3% pace. Factors that likely weighed on third quarter growth include a quarter-over-quarter deceleration in consumer spending and business investment growth, as well as trade, which switched from a contributor to growth to a detractor. Residential fixed investment is expected to have fallen for a third consecutive quarter, with home sales and mortgage demand continuing to soften amid rising interest rates. While the amount of for-sale inventory of existing homes is finally showing some improvement, it remains tight in many areas of the country, especially in the lower-priced tiers. “This month we slightly adjusted upward our forecast for third quarter real GDP growth, largely because of an upgraded projection of consumer spending growth; however, our calls for growth on an annual basis remain unchanged both this year and next,” said Fannie Mae Chief Economist Doug Duncan. Economic growth likely clocked in at a solid pace last quarter. Despite the expected return of trade as a drag on growth and moderating consumer spending and business investment growth, a swing from a drawdown in business inventories to a buildup likely offset some of those negatives. Economic conditions remain supportive of additional rate hikes in 2018 and 2019, as the labor market has tightened and inflation continues to hover just above the Fed’s 2% target. Rising interest rates and declining housing sentiment from both consumers and lenders led us to lower our home sales forecast over the duration of 2018 and through 2019. Meanwhile, affordability, especially for first-time homebuyers, remains atop the list of challenges facing the housing market.” #FannieMae

Jean Carlos Briceño (@jcbric) Instagram Profile Photo

Jean Carlos Briceño

Mortgage Rates Head Up Again – 30-Year At 3.81% ____________________________________________________ - Freddie Mac economist: Continued improvement in consumer spending and optimism over an expected Fed cut of short-term interest rates helped spark the increase. Find link to full article in our Facebook Page _______________________________________________________ #fanniemae

Merrick, New York

Splash style home awaiting a designers touch. This grand home features 4 bedrooms, 2.5 bathrooms, living room, family room, dinning and a eat in kitchen with attached garage. Conveniently located near laundromat, supermarket, restaurants, shopping centers and more. Being sold "AS IS". Rehab estimate is about $20k. Houses in this area are easily going for $750k+. Dont miss out on this great deal! Call or text to schedule a private showing. Open house : 7/25 5pm-7pm $ 7/28 2pm-4pm. Address: 2970 Judith Drive, Merrick NY 11566 Asking price: $629,900 Taxes: $19,884.42 Call or Text 347-969-0543 Email: Mortgage Lender: Leneque King 347-813-5107 I give referral fees : $500 #fanniemae

Stylish Staging & Design (@stylishstagingks) Instagram Profile Photo

Stylish Staging & Design

Fannie Mae issued a new forecast that predicts the average U.S. rate for a 30-year fixed mortgage will be 3.7% in the second half of 2019, down from the 3.9% the mortgage financier called for a month ago. That compares to a 4.4% average rate in the first quarter and 4% in the second quarter. Picture posted below is of a lovely home we staged that has a beautiful country setting just outside of Baldwin City, KS near Lawrence, KS. #fanniemae

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