Market Movement – May 25, 2020

Mortgage rates trended lower this week and continue to hover historic lows.  Home builder sentiment rebounded after a record drop the previous month.  Housing starts and building permits each declined.  New purchase mortgage application submissions increased but refinance mortgage application submissions declined.  The Federal Open Market Committee released the minutes from its previous meeting.  Jobless...

Find YOUR Happy

We are all adjusting to changes going on around us in regard to COVID-19. Businesses are closing to help with social distancing, grocery stores are going the extra mile to keep their facilities sanitized and shelves stocked, and social media is full of posts – encouraging, funny and sometimes irritating too. Many Americans are finding this time stressful concerning physical health, finances and concern about the...

Record Breaking Followup

Record Breaking Followup: This week I attended a very informative meeting with the Harris County Flood Control Dept director, Jeff  Lindner.  You might be asking why are we still talking about Harvey?  The  highest storm total rainfall report from Harvey was  60.58 inches near Nederland, Texas with Houston reporting maximum rainfall of  48 inches in...

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