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The ARAMCO Report
By Mehran AramBusiness
The ARAMCO Report episodes
- Housing Starts Spike in DecemberHousing starts hit double-digit gains for the month of December reaching a level not seen in over a decade. Meanwhile mortgage rates remain steady.2 min
- Phase One Trade Deal, Stock Market Reactions and Mortgage Applications ActivityThe U.S. and China signed the first phase of their trade deal with the Stock market reacting favorably. Also Mortgage Applications are up week over week and Mortgage Rates are holding steady.2 min
- Mortgage Debt Hits Record High in 2019American's are carrying the most mortgage debt as of Q3 2019, hitting a new highest level not seen since the peak of the recession in 2008.2 min
- The Jobs Report Numbers Miss Economists ExpectationsThe Department of Labor released its jobs report for the month of December, missing its mark and allowing mortgage rates to hold steady.2 min
- Low Mortgage Rates and Housing Inventory LevelLow mortgage rates are holding steady thanks to a 30-year bond auction. Also, housing inventory levels reaching a low not seen since a few years ago.2 min
- Stock Market Uptick and Bond Market Selloff. Plus, Home Purchase Sentiment Index and Mortgage RatesEasing Middle East tensions favored the stock market at the expense of a bond market selloff. Fannie Mae also released their Home Purchase Sentiment Index for the month of December.2 min
- A Dip in Mortgage Rates and How Tensions in the Middle East Could Possibly Effect the Stock Market.Mortgage rates saw a slight decrease so far this week. Escalating tensions in the Middle East could cause investors to seek shelter in safer financial markets. Plus San Diego is poised to become one of the hottest residential real estate markets in 20202 min
- U.S. Tensions Overseas Weighing on Financial MarketsTensions with Iran are causing a flight to safety with investors seeking shelter in the bond market.2 min
- U.S. Air Strike on Iran and its Effects on the Financial Markets Plus Mortgage RatesToday's report takes a look at how the Stock and Bond market reacted to the U.S. air strike that targeted and killed Iranian General Qasem Soleimani.2 min
- Huge Rally in the Stock Market & Mortgage RatesThe S&P hits another milestone thanks to economic data overseas and trade news. We also take a look at current mortgage rates.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.