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The ARAMCO Report
By Mehran AramBusiness
The ARAMCO Report episodes
- Financial Markets Nervous as Coronavirus Fear Continues to SpreadEconomic fallout continues to weigh heavy on the financial markets as new cases of the Coronavirus continue to increase. As a result the benchmark 10-year Treasury yield hit a new all-time low.2 min
- Mortgage Rates Reach All-Time Low!Mortgage Rates continue to slide finally reaching all-time lows making it an excellent time to refinance or purchase a home.2 min
- First Trading Day of March Sets Financial Markets on Wild RideDow sees its biggest gain in history while the 10-year Treasury reached an all-time low before bouncing back at the close of the trading day. Also, mortgage rates reached all-time lows as well making it an ideal time to refinance or purchase a home.2 min
- Mortgage Rates Hit Fresh LowsMortgage Rates are at new lows with the 30-year fixed in the low 3's and the 15-year fixed in the high 2's making it a great time to refi or purchase a home.2 min
- Coronavirus Fears Lead to Dow's Biggest One-Day Point LossThe spread of the Coronavirus caused a massive loss of over 1,000 points in the DOW Jones Industrial Average causing a flight to safety in the bond market with the 10-year Treasury yield down to an all-time low of 1.267.2 min
- New Home Sales Up Almost 20% Year Over YearJanuary new home sales saw a significant bump compared to the same time a year ago. Investors looking for the stock market to rebound from the previous days disappointing close were let down once again. Interest rates still hovering at all-time lows.2 min
- Coronavirus Fears Hit Financial Markets AgainThe Dow took another hit closing down nearly 1,000 points as fears of the Coronavirus spreading continue to hamper the financial markets.2 min
- Huge Stock Market Selloff Leads to Bond Market RallySpreading Coronavirus fears took a toll on the stock market in turn affecting the bond market.2 min
- Carefully Watching Bond YieldsA dip in stock prices pushed bond yields slightly lower. Meanwhile mortgage rates still hover at lows making it an ideal time to purchase a home.2 min
- Housing Inventory Drops to 8 Year LowAccording to Realtor.com's housing report, home inventory saw a double-digit decline, and the largest year-over-year drop in 4 years.2 min
About The ARAMCO Report
From the publisher's feed
The Aramco Group specializes in an array of mortgage and real estate products for San Diego homeowners. The Aramco Team is committed to providing our clients with the highest quality financial services and advice, and is motivated more than anything by complete customer satisfaction as evidenced by our A+ rating with the BBB.
Whether you are purchasing your dream home, refinancing your current loan, benefitting from a reverse mortgage, or consolidating debt, our professional staff will help you find a financial solution that is tailored specifically to meet your needs. Being a family owned and operated firm since Aramco’s establishment in the 90’s we ask you to trust your family’s finances to our family, at The Aramco Group.