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Brent Rasmussen
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Office: 800-519-1870
Cell: 402-578-0008
brent@mtg-specialists.com

8420 W Dodge Rd, Ste 113
Omaha, NE 68114
www.mtg-specialists.com

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Consumer Sentiment Best Levels in 4 Years

May 14th, 2012

U.S. consumer sentiment rose to its highest level in more than four years in early May as Americans remained upbeat about the job market, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s preliminary May reading on the overall index on consumer sentiment improved to 77.8 from 76.4 in April, topping forecasts for 76.2. It was the highest level since January 2008.

Tags: Consumer, Consumer Sentiment, Jobs
Posted in Consumer Sentiment | No Comments »

Another Sign of Housing Strength – Purchase Applications Rise:

May 7th, 2012

Applications for U.S. home mortgages edged up last week, boosted by stronger demand for purchases for the second week in a row. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, rose 0.1 percent in the week ended April 27.

Tags: Finances, Homes, MBA, Omaha
Posted in Home Sales | No Comments »

Home Sales Increase to Near Two Year Highs

April 30th, 2012

Contracts to purchase previously owned homes increased solidly to a near two-year high in March, suggesting the spring selling season got off to a firmer start and offering hopes of a pickup in housing. The National Association of Realtors said on Thursday its Pending Home Sales Index, based on contracts signed in March, jumped 4.1 percent to 101.4, the highest level since April 2010.

Tags: Homes, March, Nebrasaka
Posted in Home Sales, Market Update | No Comments »

Housing Supply Decreases, Good for Housing

April 23rd, 2012

In the latest release of the National Association of Realtors’ Existing Home Sales report, there were some very interesting facts. Even though they reported a month-over-month decrease of 2.6% in existing home sales, they revised February’s data upward. The NAR said even with March’s decline, the pace of sales in the first three months of the year marked the strongest first quarter since 2007.

Tags: NAR
Posted in Home Sales | No Comments »

Housing Poised for Spring Recovery

April 16th, 2012

Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.

Posted in Jobs | No Comments »

Factory Orders Continue Rebound

April 9th, 2012

Businesses ordered more machinery and equipment from U.S. factories in February, a signal that many are investing in their companies despite the expiration of a tax credit.

Tags: Factory, housing, manufacturing
Posted in Factory | No Comments »

U.S. Consumer Confidence Rebounds

April 2nd, 2012

U.S. consumer confidence rebounded to its highest level in more than a year in March as optimism about jobs and income overcame higher prices at the gasoline pump, said a survey released on Friday.

Posted in Consumer Sentiment | No Comments »

Several Suggests that this Time may be Different

March 26th, 2012

Several Suggests that this Time may be Different After the false starts of 2010 and 2011, the U.S. economy may finally be on the path toward a strong recovery, Lawrence Summers, former Treasury secretary and currently Charles W. Eliot University Professor at Harvard, wrote in an opinion piece in the Financial Times on Monday.

Posted in Market Update | No Comments »

Bull Market in Bonds Nearing an End?

March 19th, 2012

Mortgage rates have seen historic lows due to a long-running bull market in bonds. Specifically, mortgage backed securities. Demand has far exceeded supply which has driven down mortgage rates. As demand starts to pull back, mortgage rates will begin to move upward.

Posted in Market Update | No Comments »

Employment Picture Continues to Improve

March 12th, 2012

The U.S. economy scored its third straight month of more than 200,000 jobs created with 227,000 in February as measured by the Non Farm Payroll data. It is widely believed by economists that the economy needs to add at least 150,000 jobs each month in order to continue our growth out of the last recession.

Posted in Uncategorized, Unemployment | No Comments »

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8420 W. Dodge Rd, Suite 113, Omaha NE, 68114
Phone: 800-519-1870
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