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Friday, September 27, 2019

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WE ARE A LOCAL GEORGIA MORTGAGE BROKER

Contact us for a pre-qualifacation letter or an Estimate of Costs with the latest rates

 

Phone - 678-947-4204

Cell - 678-523-1021

Fax - 678-935-3987

bcuris@southernequitymortgage.com

 

A Georgia Residential Mortgage Licensee

GA License # 19880

NMLS # 151260

6820 Black Fox Lane, Cumming, GA  30040

 

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Friday, September 27, 2019

 

Georgia Residential Mortgage Broker
 
- low rates & low cost and fast close. 
 
- Call today for no obligation quote!! 678-947-4204
 

 

 

Market Update

 

 

 

Increased concerns about the outlook for global economic growth and about numerous geopolitical events deflated global stock markets and benefited mortgage rates this week. However, the latest news on the trade talks between the U.S. and China mostly offset this, and rates ended another volatile week just marginally lower. 

 

Investors face a lot of significant questions on a wide range of issues right now, and it's no surprise that they have responded to the increased uncertainty by reducing the level of risk in their portfolios. As usual, their primary method to accomplish this has been to shift assets from stocks to bonds, including U.S. mortgage-backed securities (MBS). 

The trade tensions between the U.S. and China remain one of the largest sources of concern for investors, because tariffs and other barriers to trade slow global economic activity. The biggest news on this front this week was the announcement that the U.S. will delay until December 15 tariffs on some goods that had been scheduled to be imposed on September 1. 

 

The outlook for global economic growth is another big question mark for investors. Around the world, recent data clearly indicates that the manufacturing sector has taken a hit from trade issues, and business investment has fallen as companies hesitate to make long-term capital commitments. On the other hand, consumer spending has generally remained healthy. In the world's second-largest economy, for example, Alibaba ("the Amazon of China") just released strong earnings results.

 

 

 

 

 

Southern Equity Mortgage Services, has been assisting clients with mortgage financing since 2005.  As the owner/operator - William Curis, I'm  committed to you the customer, from the start in providing accurate quotes to locking in the most competitive rate/cost and finally making sure the funds are there when you close the loan.  I'm available 24/7 so call/email or text me @ 678-523-1021.

Check out our Customer Testimonials link ... surveys customers fill out about our performance. 

Thanks so much for your business!!

Bill Curis   

 

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