ARCHIVED BLOG POSTS
2014
Americans' attitudes towards the economy fell to lows not seen since November as higher heating and gasoline costs put a strain on household budgets. The March Consumer Confidence Index came in at 80.0, which was inline with estimates and the February reading. Economic data in 2014 has been a bit...
03/28/2014
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Purchasing your first home will be one of the most exciting times of your life. It will most likely be the largest investment that you ever make. It is where you will entertain friends and family, and it is where you will go to rest and relax each evening. With so much at stake, it is easy to see...
03/24/2014
Fitch Ratings has taken the U.S. off of its negative watch after concluding a review of its credit rating. The agency stated that the U.S. deserves the highest rating - "AAA." The recent debt-ceiling crises in 2011 and 2013 has not affected the country's ability to borrow. Fitch went on to say th...
03/21/2014
Open House Sunday March 23, 2014 2-4 PM 486 South Central AvenueChurch HIll, TN 37642
03/18/2014
Economic data had little impact t on the capital markets today as all eyes continue to focus in on the geopolitical news out of Europe. The republic of Crimea has voted to break off from Ukraine and join Russia. President Obama has stated that Crimea's vote "would never be recognized" by the U.S....
03/17/2014
Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sen...
03/14/2014
After surging in the previous week, mortgage applications fell last week, reported the Mortgage Bankers Association (MBA). The MBA's Market Composite Index, a measure of total loan application volume, fell by 2.1% as home loan rates rose slightly. The refinance index fell by 3%, while the purchas...
03/12/2014
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As the spring and summer driving seasons near, one thing is for certain - higher gas prices at the pump. The national average price for a regular gallon of gasoline is $3.48, up from $3.28 a month ago as prices have increased 28 straight days. AAA predicts that prices will rise an additional 10 t...
03/11/2014
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Steve Reed
Steve Reed Branch Manager | Benchmark Home Loans
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