Listen live on

radio_logo1

Subscribe to past show podcasts

Economic News

Wednesday November 20, 2024


Market Close FNMA 30-year 6.00% MBS 100.47 -7 bps


This week is a slower economic news week with just moderate impact releases. What could move the markets is continued Fed communication and any incoming news regarding fiscal policy with the new administration.


This week’s calendar is rather sparse.

• Monday,
10 am November NAHB housing market index (expected unch at 43, reported at 46)

• Tuesday,
8:30 am October housing starts and permits (starts 1.3 million from 1.354 million; permits 1.4 million from 1.428 million)

• Wednesday,
7 am weekly MBA mortgage applications
1 pm 20 year bond auction

• Thursday,
8:30 am weekly jobless claims (219K from 217K)
November Philadelphia Fed business index (+7.0 from +10.3)
10 am October existing home sales (3.9 million from 3.84 million in September)
October leading economic indicators (-0.3% from -0.5%)

• Friday,
9:45 am November prelim PMI composite index (manufacturing index 48.8 from 48.5, services sector 55.21 from 55.0)
10 am University of Michigan mid-month consumer sentiment index (73.0 from 73.0 in October)

Recent Newsletter

Read More

Latest News and interest rates

About the Program

Many individuals choose to rent properties, whether it be for their personal residences or business premises. While this may initially appear cost-effective, it can have detrimental long-term financial implications. Essentially, you are indirectly paying a mortgage. It is time to break free from this cycle and invest in your own residential or commercial property. This show is designed to guide and empower you in strategizing and actualizing Your Real Estate Life.

Discover a wealth of knowledge on real estate – whether you’re just beginning, advancing, or expanding your portfolio. This podcast dives deep into the toughest questions, covering lending programs, interest rates, financial literacy, economic trends, and more. Equip yourself with the insights to become an informed decision-maker when it comes to your most valuable assets. Join us on the forefront of property ownership and unlock your potential.

Maximize your financial decisions by adopting the right approach when entering a 30-year loan and purchasing property. Learn how to convert debt into wealth efficiently, without compromising your lifestyle, resorting to refinancing, or jeopardizing your well-being. Uncover smart strategies to reduce unnecessary payments to lenders and responsibly eliminate debt. You deserve the best in life; don’t compromise your safety for real estate victories.

This program serves as your guide to identifying red flags that plague the market. Carelessness could lead to unmanageable loans or crippling interest rates. Equip yourself with the knowledge, tools, and resources to navigate the unpredictable waters of property acquisition. By being well-educated about the industry, you can protect yourself from exploitation. This show ensures that you have everything you need to thrive.

Meet Michael A. Harris, your program host with more than 37 years of lending experience. He is the President and CEO at the United Mortgage Corporation of America, a direct lending mortgage banking company operating and originating loans in California (DRE Broker #00991234), Colorado (MLO-100524628), Montana (MLO-233410), Texas (SML MLO-233410), and Washington (MLO-233410). Michael is passionate about helping others achieve financial comfort within their own homes. He tirelessly serves clients by eliminating years of mortgage interest. As a Senior Director and Certified Field Trainer at United Financial Freedom, Michael has found a calling guiding families towards a debt-free life.

In this program, Michael imparts invaluable advice, financial insights, and practical resources for effectively managing your loans and transforming debt into wealth. While he may not have authored the lending programs you’re currently enrolled in, his objective is to enlighten you on proper repayment strategies. And though he is not a certified public accountant, attorney, estate planner, or realtor, he can connect you with top-notch professionals through his extensive business network, ensuring you receive the best possible assistance.

The economy is a dynamic and ever-evolving landscape. Oftentimes, you’ll encounter numerous external factors beyond your control or be faced with challenging questions that put your knowledge to the test. However, amidst these challenges, there are still opportunities to secure your real estate future.

Start saving time and money today on your purchase or refinance with the perfect interest rate and plan for you and your family. Discover how to navigate the confusing loan selection and acquisition process to meet your unique needs. Break free from the grip of your landlord and start building equity through home ownership of your own. When it comes to finding your dream neighborhood and elevating your financial status, it is crucial to have all the support you can get. Find it all in this enlightening podcast right now.

Investment Loans | Debt Service Coverage Ratio (DSCR) in 46 States (not ND, NV, SD, VT)

Read More

Past EPISODES



Calendar

Next Broadcasts

News Talk 1590 KVTA FM

News Talk 1590 KVTA FM
Your Real Estate Life with Mike Harris
Saturday Nov 23, 2024 at 9:00 am

See More

Subscribe To Newsletter Here

Get weekly updates on mortgage rates, finance, lending and real estate.

CalBRE #01870497 | WA #CL-3189
CA: DRE #00991234 CO: MLO-100524628 MT: MLO-233410 TX: SML MLO-233410 WA: MLO-233410 DSCR in 46 States
(not ND, NV, SD, VT)

Apply for Loan

Today’S Market