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UMCA – Today’s Mortgage Rates – 800-230-0168

  • February 24, 2018
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UMCA – Today’s Mortgage Rates – 800-230-0168 800.230.0168 x 201 805.530.1199 Direct Line to CEO CalBRE #01870497 | NMLS #3189 | WA CL-3189 Loans are made or arranged pursuant to a Department Building Oversight California Finance Lenders License #603E93 We have many options available including loan amounts up to 5,000,000. Depending on the credit and

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Your Real Estate Life – Radio Program Saturday at 9:00 AM and Sunday at 7:00 AM.

  • February 24, 2018
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  • realestate

February 24th & 25th weekend Does Your Lender Love You?  You Do Not Need That Kind of Love in YOUR Life.  Join Host Mike Harris and make your appointment to join in this weekend as we Save Our Money together. Thank you for tuning into Your Your Real Estate Life.  Our program provides an education, savings

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Housing starts soar in January, building permits hit 10 1/2-year high

  • February 16, 2018
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  • realestate

Construction on new homes in the U.S., known as housing starts, jumped almost 10% in January to an annual rate of 1.33 million. That’s the second highest level since the Great Recession and it easily exceeded the 1.24 million forecast of economists. Permits to build new homes also hit a 10 1/2-year high, rising 7.4%

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Cost of imported goods soar 1% in January, add to picture of rising U.S. inflation

  • February 16, 2018
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  • realestate

The import price index leaped 1% in January to add to a picture of rising inflation in the United States. Although the increase was driven by oil, prices rose for a variety of goods such as German cars, French cheese and Italian wine. Excluding fuel, import prices rose a sharp 0.4%, the government said. That’s

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U.S. weekly jobless claims rebound from near 45-year lows

  • February 15, 2018
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  • realestate

Initial claims for state unemployment benefits increased 7,000 to a seasonally adjusted 230,000 for the week ended Feb. 10, the Labor Department said on Thursday. Claims for the prior week were revised to show 2,000 more applications received than previously reported. Claims fell to 216,000 in mid-January, which was the lowest level since January 1973.

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U.S. retail sales slump in January – and December doesn’t look so good now either

  • February 14, 2018
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  • realestate

Sales at U.S. retailers fell by 0.3% in January — the biggest drop in almost a year — largely because of declines at auto dealers and home centers. And a previously reported increase in sales in December was wiped out. Economists had forecast a 0.2% increase in sales. Excluding autos, retail sales were flat last

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Treasury yields climb after stronger-than-expected inflation rise

  • February 14, 2018
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  • realestate

Treasury yields rose after a stronger-than-expected rise in the January consumer price index Wednesday. The 10-year note yield climbed 2.2 basis points to 2.862%, after sitting as low as 2.819%. The 2-year note yield was up 2.1 basis points to 2.127%, while the 30-year bond yield rose 0.8 basis points to 3.136%. Consumer price index

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CPI surges 0.5% in January, but yearly rate of inflation unchanged

  • February 14, 2018
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  • realestate

The consumer price index leaped 0.5% in January to mark the biggest increase in five months. The cost of rent, clothes, gasoline, health care and auto insurance all rose. Economists surveyed had forecast a 0.4% increase. Higher consumer prices in January, however, did not substantially alter the overall picture on inflation. The increase in the

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Jobless claims drop 9,000 to 221,000, remain near 45-year low

  • February 8, 2018
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  • realestate

Initial U.S. jobless claims fell by 9,000 to 221,000 in the seven days ended Feb 3. Economists surveyed forecast a 235,000 reading. The more stable monthly average of claims declined by 10,000 to 224,500, the government said Thursday. That’s the lowest level since March 1973. The number of people already collecting unemployment benefits, known as

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Jerome Powell officially takes over for Janet Yellen as Fed chair

  • February 6, 2018
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  • realestate

Janet Yellen’s tenure as the chair of the Federal Reserve Board of Governors is now officially over. On Monday, Jerome Powell took the oath of office and was sworn in as the next Fed chair.

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U.S. trade deficit in Trump’s first year soars to 9-year high of $566 billion

  • February 6, 2018
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  • realestate

The U.S. trade deficit in December and for the full year both rose to the highest levels since 2008, complicating efforts by President Trump to fulfill his vow to reduce the gap. The deficit in December rose 5.3% to a $53.1 billion, the Commerce Department said Tuesday. Economists polled had forecast a $52.2 billion gap.

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U.S. adds 200,000 jobs with wage growth fastest in more than 8 years U.S. unemployment rate unchanged at 17-year low of 4.1%

  • February 2, 2018
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  • realestate

The U.S. created 200,000 new jobs in the first month of 2018, showing that companies are still hungry to hire more than eight years after an economic expansion began. Even better, worker pay also rose at the fastest yearly pace since 2009. The increase in hiring exceeded Wall Street’s forecast. Economists polled by MarketWatch had

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