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Economic News

Thursday June 12, 2025


Static Quote FNMA 30-year 6.00% MBS 101.24 +31  bps


This week is filled with headline risk as we await the important Consumer Price Index (CPI). The inflation rate has been cooling or dis-inflating, which is a welcome sign. It will also be a big week for Treasury auctions as the department sells billions of dollars in long-term notes and bonds. These are important to track because if the buying appetite is weak, rates tick higher. The opposite is true.


Monday April wholesale inventories.
Tuesday NFIB May small business optimism index, 3 year auction.
Wednesday MBA mortgage applications, May CPI, 10 year note auction, May Treasury budget.
Thursday weekly jobless claims, May PPI, 30 year bond auction.
Friday mid-month University of Michigan consumer sentiment index.

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Latest News and interest rates

12Jun

Your Real Estate Life – Empowering You to Build Wealth Through Property

Renting may seem convenient, but in the long run, you’re paying someone else’s mortgage instead of building your own equity. It’s time to take control of your financial future by investing in your own home or commercial property. Your Real Estate Life is your trusted resource for navigating the path to property ownership with confidence.

Unlock the Secrets to Smart Real Estate Decisions

Whether you’re buying your first home, expanding your investment portfolio, or seeking financial strategies to maximize your property’s potential, this show provides expert insights tailored to your journey. Dive deep into:

✔ Mortgage and lending programs
✔ Interest rates and economic trends
✔ Financial literacy and wealth-building strategies
✔ Debt reduction without sacrificing your lifestyle
✔ Identifying market risks and avoiding costly mistakes

Meet Your Expert Host – Michael A. Harris

With over 37 years of experience in mortgage lending, Michael A. Harris is the President & CEO of United Mortgage Corporation of America. He has helped countless individuals save money, eliminate mortgage debt faster, and achieve financial independence. As a Senior Director and Certified Field Trainer at United Financial Freedom, Michael is dedicated to guiding families toward a debt-free life.

Take Charge of Your Financial Future

The real estate market is constantly evolving, and having the right knowledge is essential. This program equips you with the tools and resources to make informed decisions, whether you’re purchasing, refinancing, or investing.

Start saving money today! Learn how to secure the best loan, reduce unnecessary interest payments, and turn debt into wealth—all without compromising your financial well-being.

Don’t wait—begin your journey toward homeownership and financial success now!

Listen to the show and take the first step toward financial freedom.

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News Talk 1590 KVTA FM

News Talk 1590 KVTA FM
Your Real Estate Life with Mike Harris
Saturday Jun 14, 2025 at 9:00 am

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