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The ARAMCO Report
By Mehran AramBusiness
The ARAMCO Report episodes
- A Dip in Mortgage Rates offers Opportunity to Homebuyers & Home OwnersAnother rally in the bond market pushed mortgage rates down slightly offering a great opportunity for those looking to purchase a home or refinance.2 min
- Construction Spending Dips for First Time in 6 MonthsA slight stock market sell-off wasn't enough to affect interest. Meanwhile construction spending on the commercial and residential side fell for the first time since June 2019.2 min
- Massive Stock Market Sell-Off!A massive sell-off in the stock market due to global economic uncertainty and fears of the coronavirus spreading kept mortgage rates steady at their 3-year lows.2 min
- Mortgage Rates Benefitting from Financial Markets' RunTreasurys and mortgage-backed securities have had a nice run but a recent uptick in the stock market could hinder the bond market, making it an ideal time to lock in those low interest rates we've been seeing lately.2 min
- National Home Prices Accelerate Year-Over-YearBond yields see a slight uptick from fears due in part by the coronavirus outbreak. Home prices continued their upward trajectory year-over-year and mortgage rates held steady.2 min
- Millions Eligible for Money-Saving RefinancesBlack Knight reports that millions of property owners could potentially save hundreds by refinance at today's mortgage rates.2 min
- Global Economic Uncertainty Pushing Treasury Yields DownGlobal Economic Uncertainty Pushing Treasury Yields Down by Mehran Aram2 min
- The Coronavirus Outbreak is Forcing Investors Into Safety of U.S. TreasurysA flight to safety for investors is keeping mortgage rates at still relatively low levels.2 min
- Home Sale Prices Hit Largest Increase in Nearly 2 YearsRedfin reported home sale prices for December 2019, reaching a new high not seen since February 2018. Also, current mortgage rates.2 min
- Existing Home Sales Reach Double Digit Gains Year Over YearLow unemployment rate and mortgage rates are fueling the housing industry as existing home sales see double digit gains compared to this time last year. Also, mortgage rates are still holding steady.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.