Foreclosures sink back to 2007 levels

Foreclosures sink back to 2007 levels

MMG Weekly Newsletter

MMG Weekly Newsletter

VA Loans Post Biggest Year on Record in 2013

VA Loans Post Biggest Year on Record in 2013

Housing Equity 2013

Housing Equity 2013

Mortgage Market Guide

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Holiday Season           Season's greetings and happy New Year! I hope you've enjoyed a very happy holiday season with friends and family. I also sincerely hope you have been enjoying your complimentary subscription to the MORTGAGE MARKET GUIDE WEEKLY. Your next full issue will arrive "hot off the press" next week. In the meantime, enjoy the New Year's trivia below and share these great tidbits with your clients, colleagues, friends, and family. The MORTGAGE MARKET GUIDE WEEKLY is the industry's leading publication of this type, and I'm pleased to provide this valuable resource to you. If you feel that any of your colleagues or associates would benefit from keeping up-to-date on market and economic trends with this easy-to-read format, please let me know, and I will be happy to add them free of charge.           The Mortgage Market Guide View...       How Did You Know That? 2014 New Year's Trivia Challenge The Babylonians were the first society to observe New Year's Day around 4,000 years ago. Back then, the holiday was celebrated at the beginning of spring instead of mid-winter. And it wasn't "one night only" but festivities lasting eleven days! Here are a few more trivia tidbits to help you ring in the New Year with a little history. 1. When was the first Times Square New Year's Eve ball drop?  a. 1907  b. 1934 c. 1940  d. 1952  ANSWER: The first ball drop was organized by Adolph Ochs, the owner of The New York Times, and held on December 31, 1907. The ball itself was designed by Artkraft Strauss, and the ball drop has been held every year since, except for 1942 and 1943 due to wartime blackouts. 2. Between 1903 and 1915, what was the main New Year's Day event at Rose Bowl Stadium?  a. Football  b. Soccer  c. Chariot Races  d. Sprint Running ANSWER: In an effort to enhance New Year's Day activities, the Tournament of Roses Association decided to add a football game in 1902. The first game was Stanford University vs. University of Michigan. After Stanford lost to Michigan 49-0, the Tournament replaced football with Roman-style chariot races. Football didn't return until 1916. 3. Which of the following is NOT in the top three favorite destinations for ringing in the New Year in the United States?  a. Las Vegas b. Disney World c. New York City d. Seattle ANSWER: The top three New Year's destinations are Las Vegas, Disney World, and New York City. Seattle is actually number five, just behind Los Angeles. Wishing you a very happy New Year! Economic Calendar for the Week of December 30 - January 03 Date ET Economic Report For Estimate Actual Prior Impact Mon. December 30 10:00 Pending Home Sales Nov NA   -0.6% Moderate Tue. December 31 09:00 S&P/Case-Shiller Home Price Index Oct NA   13.3% Moderate Tue. December 31 09:45 Chicago PMI Dec NA   63.0 HIGH Tue. December 31 10:00 Consumer Confidence Dec NA   70.4 Moderate Thu. January 02 08:30 Jobless Claims (Initial) 12/28 NA   NA Moderate Thu. January 02 10:00 ISM Index Dec NA   57.3 HIGH       The material contained in this newsletter has been prepared by an independent third-party provider. The content is provided for use by real estate, financial services and other professionals only and is not intended for consumer distribution. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, there is no guarantee it is without errors. As your mortgage professional, I am sending you the MMG WEEKLY because I am committed to keeping you updated on the economic events that impact interest rates and how they may affect you.

Rancho Cucamonga Public Library

2014 is here and the Rancho Cucamonga Library has some amazing events and programs scheduled for the upcoming year; not to mention our storytimes, computer classes and book clubs. So, stop by either the Archibald Library or the Paul A. Biane Library and pick up a FREE annual calendar. It’s going to be a fun and busy year and we hope you can join us for it all.

This good habit could squelch your home loan

This good habit could squelch your home loan