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Saturday’s: 9AM 1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Private payroll job growth rose faster than expected in September, suggesting that companies are continuing to hire new workers despite growing fears of an economic slowdown, according to the ADP National Employment Report released Wednesday morning. Companies added 208,000 jobs last month, topping the 200,000 gain that economists surveyed by Refinitiv had predicted. “We are
READ MOREU.S. job openings unexpectedly dropped in August to the lowest level in over a year as the Federal Reserve tries to bring down near-record high inflation and cool the labor market. The Labor Department said Tuesday that there were 10.1 million job openings in August – a major decline from the previous month’s revised reading
READ MORENew U.S. home construction unexpectedly surged in August, but a decline in building permits underscores how rising interest rates are continuing to cool overall demand for housing. Housing starts climbed 12.2% last month to an annual rate of 1.575 million units, according to new Commerce Department data released on Tuesday. That is above Refinitiv economists’
READ MOREMajor inflationary reports dropped this week, as August’s Consumer Price Index (CPI) and Producer Price Index (PPI) were released. CPI came in worse than expected, rising 0.1% from July to August and 8.3% from August 2021. Analysts had anticipated a decrease of 0.1% from July to August. Inflation for consumer core prices, which excludes food
READ MOREInflation at the wholesale level cooled in August for the second consecutive month, although prices for everyday necessities remain at a multi-decade high, squeezing businesses and millions of American households. The Labor Department said Wednesday that its producer price index, which measures inflation at the wholesale level before it reaches consumers, declined 0.1% in August
READ MOREDSCR stands for Debt-Service-Coverage-Ratio. This means your loan is qualified based on the cash flow/ market rents of the subject property.
READ MOREWhat is an ITIN loan? An ITIN is a 9-digit number “Individual Taxpayer Identification Number”. It is a tax processing number only available for certain nonresident and resident aliens, their spouses, and dependents who cannot get a Social Security Number (SSN). It is a 9-digit number starting with the number “9” and formatted as an
READ MOREThe Inflation Reduction Act signed into law by President Biden on August 16, 2022, gives new life to the federal tax credit for the purchase and installation costs of residential solar-power systems and provides guidelines allowing batteries to also qualify for the credit. The solar credit is a percentage of the cost of a solar
READ MOREInflation rose more than expected in August, continuing to create severe financial pressure for U.S. households even as the cost of gasoline fell. The Labor Department said Tuesday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.3% in August from a year ago.
READ MORENew 2023 conforming loan limits won’t be released until November … but we’re honoring them now for conventional loans locked, starting September 7th for FNMA, FHLMC, and VA. $715,000 for regular one-unit conventional / VA loans (increased from $647,200) $1,073,000 for regular one-unit conventional / VA loans in high-cost counties and in AK and HI (increased
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