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Drake Bloebaum Mortgage Professional Neo Home Loans Phone: 801-893-0452 License: NMLS 225567 CA-DOC 225567 drakeb@neohomeloans.com www.drakebloebaum.com |
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May 2013
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Housing Humming Along Home Sales Maintain Strength The nation's housing sector continues to hum along quietly like a well-oiled machine. The last full week of April saw some major figures released involving sales of existing and new homes. Important Housing News The late April figures also showed that demand for new properties has not waned–New Home Sales climbed 1.5 percent within expectations to 416,000. On top of that, inflation remains tame and analysts say housing could provide a boost strong enough to improve the labor market. The Fed (who set the U.S. monetary policy by monitoring national employment, prices and interest rates) are certainly hoping for that! Housing Starts also spiked by 7 percent in March to come in at the highest rate since June 2008, up a whopping 47 percent since the same period last year. Important News from Abroad The Bottom Line The bottom line is that home loan rates remain near historic lows, meaning now is a great time to consider a home purchase or refinance. If you have any questions about your personal situation, contact the professional who supplied you with this month's issue of YOU Magazine! | ||||||||||||||||||||||||||||||
Loans originated in the States of California and Washington are done under the DBA CHL Mortgage. Loans originated in CO are Regulated by the division of Real Estate. Corporate NMLS #67180 You are receiving a complimentary subscription to YOU Magazine as a result of your ongoing business relationship with Drake Bloebaum. While beneficial to a wide audience, this information is also commercial in nature and it may contain advertising materials. INVITE A FRIEND to receive YOU Magazine. Please feel free to invite your friends and colleagues to subscribe. SUBSCRIBE to YOU Magazine. If you received this message from a friend, you can subscribe online. UNSUBSCRIBE: If you would like to stop receiving emails from Drake Bloebaum, you can easily unsubscribe. Neo Home Loans |
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