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Monday, November 6, 2017

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WE ARE A LOCAL GEORGIA MORTGAGE BROKER

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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

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Monday, November 6, 2017

 

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

 

 

Market Update

 

 

On Friday, US equities increased slightly as investors digested a mix of economic data. Nonfarm payrolls reported the market added 261k jobs vs 313k expected. Additionally the previous month was revised higher from -33k to +18k. These large swings continue to be a result from the hurricanes as employees in the hospitality sector are going back to work in the affected areas. Average hourly earnings MoM remained unchanged vs 0.2% increase expected as lower income employees going back to work brought the average down. The unemployment rate dropped by 0.1% to 4.1% the lowest level seen since December 2000. This is likely a byproduct of the unexpected drop in the labor force participation rate from 63.1% to 62.7%. The DIJA was +22.93 to 23539.19 while the S&P was +7.99 to 2587.84.

 

The week is relatively quiet in terms of economic releases with MBA mortgage applications set to be released on Wednesday and initial jobless claims on Thursday. This morning S&P futures are -1.00 and DOW futures are +19.00 

 

 

*taken from FNMA research

 

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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