« Return to Blogs

Views You Can Use: News on inflation, home loan rates, fuel economy ti

Follow Me On:

Mortgage Broker West Palm Beach |  Mortgage Lender West Palm Beach | Mortgage Banker West Palm Beach | Palm Beach Mortgage Broker | Real Estate West Palm Beach | Realtor West Palm Beach | Christian Penner Home Loan Company | FHA Mortgage Financing Specialist | VA Home Loan Expert | Palm Beach Mortgage Company | Mortgage Brokers West Palm Beach | Mortgage  Broker Florida | Real Estate | Real Estate Home | Mortgage Brokers | Mortgage Broker | Mortgage | Palm Beach Mortgage Broker | Mortgage Banker | Christian Penner | Home Loan | VA Financing Specialist | VA Home Loans | Realtor | Real Estate | Harp Refinance | Mortgage Rate | Mortgage Lenders | Mortgage Companies | Mortgage Company | Lenders Mortgage | Mortgage Loans | FHA loan | FHA loans | Current Mortgage Rates | Home Mortgage | Refinance | Mortgage Broker West Palm Beach | Mortgage Lender West Palm Beach | Refinance Home Loans | Home Loan Company | FHA VA Financing Specialist | FHA Mortgage Lenders | Mortgage Loan Lenders | Mortgage Loan Lender | Mortgage West | Refinance Mortgage Lenders | Home Finance Mortgage | Refinance A Mortgage | Home Mortgage New | Real Estate Home

Views You Can Use: August 2014

News on inflation, home loan rates, fuel economy tips and medical billing mistakes..

  IN THIS ISSUE...
     
  "Should I stay or should I go now?" The Clash. With massive unrest overseas, some investors are choosing to leave Stocks and enter Bonds—find out why! Also inside, find news on inflation and home loan rates, summer fuel economy tips and medical billing mistakes:

If you have any questions or would like to discuss your unique situation, call or email today. And please forward this newsletter to friends, family members and coworkers who may find the information helpful.

 
 

  Geopolitics, Flight-to-safety and Important Housing News

     
 

home loan rates Geopolitical headlines have had a dramatic impact on the markets this summer. The U.S. Treasury Department and the European Union imposed further sanctions on Russian business, while a Malaysian jet was shot down over the Ukraine. And further unrest in the Middle East has left markets jittery.

When news reports such as these are released, they generally cause a flight-to-safety into the U.S. Bond market. "Flight-to-safety" is defined by investors moving their capital away from riskier investments (like Stocks) to the safest possible vehicles (like U.S. Treasury Securities and Bonds), usually triggered by uncertainty in the financial or international markets.

Why is this significant?

If the news from overseas continues to be negative or uncertain, this could provide a boon to the Bond markets. And since home loan rates are tied to Mortgage Bonds, if Bonds improve, home loan rates would improve as well.

In housing news here at home, Housing Starts remained gloomy in June, as they declined by 9.3 percent from May to an annual rate of 893,000, well below expectations. This was the slowest pace in nine months, led by a drop in single-family homes and apartments. Building Permits, a sign of future construction, also fell below expectations. And according to reports from research firm CoreLogic, home price appreciation is also cooling off to more normal levels when compared to the high figures seen last year.

There was some good news for housing, as the National Association of Home Builders Housing Market Index reported its first optimistic reading this year of 53. Readings above 50 indicate that builders see conditions as good, making this a long awaited improvement!

What is the bottom line?

While the housing sector has shown signs of recovery overall, activity has leveled off and some readings this year continue to be disappointing.

The good news is that home loan rates remain attractive compared to historical levels, and now is a great time to consider a home purchase or refinance. As always, please let me know if you have any questions!

 

 

  What to Watch: Is Inflation on the Rise?

     
 

Inflation at both the wholesale and consumer levels can have a big impact on the markets and home loan rates. Here's what you need to know.

What is the Producer Price Index? The Producer Price Index (PPI) measures inflation at the wholesale level by measuring the average change in selling prices received by domestic producers of goods and services over time. PPI measures price changes from the perspective of the seller.

What's happened recently?

PPI for June showed inflation at the wholesale level was hotter than expected, rising 0.4 percent due to a rise in energy costs. That being said, the June Consumer Price Index (CPI) was in line with expectations and lower than the percentage recorded in May. It will be important to see if higher inflation at the wholesale level begins to impact prices at the consumer level.What does this mean for home loan rates?

Inflation is often called the archenemy of Bonds, because it reduces the value of fixed investments. And, as noted above, since home loan rates are tied to Mortgage Bonds, if inflation continues to rise, it could have a negative impact on both Bonds and home loan rates.However, continued tensions in the Ukraine and the Middle East could keep investors in the safe haven of the Bond markets, offsetting the impact of inflation and helping Bonds and home loan rates in the process. All of these factors will be important to watch in the weeks and months ahead.

I'll continue to monitor geopolitical events and all other major economic reports to keep you posted on their impact on the markets and home loan rates. But if you have any immediate questions, please call or email today.

 

 

  Hot Weather Fuel Economy

     
  Did you know summertime can help increase your fuel economy? This is because the hotter the weather, the faster your engine warms up to efficient temperatures. Also, warm air causes less aerodynamic drag than cold air when driving.Except, all these savings are easily lost once you roll down your windows (creating drag) or use the air conditioning. To help offset this, try these easy-to-follow tips from the U.S. Department of Energy:
  • Before you start driving, don't idle with the air conditioning (AC) running.
  • Turn on the AC only after you begin to drive and after airing out the cabin briefly with the windows rolled down.
  • Roll your windows down at low speeds, and only use AC at highway speeds.
  • Don't use the AC more often than needed, and don't set the temperature lower than you need.
  • Park in the shade or use a sunshade so the cabin doesn't get as hot.
  • Always read your owner's manual! Most manuals explain how the AC system works, and how to use and maintain it efficiently.
  • For plug-in hybrids and electric vehicles, pre-cool the cabin while plugged into the charger.

For even more tips on fuel economy, visit the U.S. Department of energy's website fueleconomy.gov.

 

  Q&A: Are You Paying for Free Healthcare?

     
 

Question: Do you know what services are supposed to be free under the Affordable Care Act?

Answer: Under the Affordable Care Act, services related to preventative care—including annual physicals, colonoscopies, flu shots, mammograms and many vaccinations—should be covered by your insurer, even in plans with higher deductibles.

If your doctor is out of network, or your plan existed prior to passage of the law on March 23, 2010, check with your carrier to be sure there isn't an exception.The best thing to do is keep accurate records of doctor visits, and carefully read any claim statements sent by your insurance carrier. If you suspect something is incorrect, contact your insurance company immediately. And never pay a bill out-of-pocket (or sign anything from a care provider) before checking with your carrier whether it's covered or not.Source: Bottom Line Health

   

 

Questions, Comments or For more information you can email Christian Penner at TheMortgageTeam@ChristianPenner.com or visit us online at www.ChristianPenner.com or you can call us directly at: 561-316-6800

ChristianPenner.com
http://www.christianpenner.com/views-can-use-news-inflation-home-loan-rates-fuel-economy-tips-medical-billing-mistakes/
Views You Can Use: News on inflation, home loan rates, fuel economy tips and medical billing mistakes.


Or You can click "Call Me" below to call Christian Penner directly using Google Voice


blackwhite#ChristianPenner, #MortgageBrokerWestPalmBeach talks about #RealEstateWestPalmBeach. He also serves other Local Areas and provides home #MortgageSolutionsforPalmBeachGardens, #Jupiter, #BocaRaton, #Wellington and #Tequesta. #ChristianPennerMortgageBrokerJupiter has the #lowestmortgagerates and the best #homemortgage programs like; #Jumboloans, #FHAHomeLoans, #VAHomeLoans, #ReverseMortgageHomeLoans, #FreddieMacHomeLoans, #FannieMaeHomeLoans and #HARPMortgageLoans. #ChristianPennerMortgageBrokerPalmBeachGardens has Served the area for over 15 years with his #HomeLoanLending Needs and Works with #FEMBIMortgageinJupiter. You Can Also Find Him On fb mortgageFacebook at: http://Facebook.com/YourMortgageBanker

- - -

Christian Penner
South Flagler Drive, Suite 800, West Tower West Palm Beach, FL 33401
Phone: +1 (561) 316-6800
 
 

- - -

ChristianPenner.com
http://www.christianpenner.com/views-can-use-news-inflation-home-loan-rates-fuel-economy-tips-medical-billing-mistakes/
Views You Can Use: News on inflation, home loan rates, fuel economy tips and medical billing mistakes.

#HomeLoanRates
#MortgageBonds
#HousingReports
#HousingNews
#HousingStarts
#Single-familyHomesAndApartments
#HomePrice
#NationalAssociationOfHomeBuildersHousing
#HousingSector
#HomePurchaseOrRefinance
#Inflation
#ProducerPriceIndex
#ConsumerPriceIndex  


#ChristianPenner #MortgageBanker #mortgage #mortgagerates #mortgageloans #getpreapproved #westpalmbeach #wellington #westpalmbeachmortgagebroker #wellingtonmortgagebroker #loans #preapproval #westpalmbeachloans #palmbeachloans #browardloans #getamortgageloan #mortgagelender #mortgagelenders #browardcounty #palmbeachcounty #dadecounty #florida #realestate #westpalmbeachrealestate #wellingtonflorida #wellingtonfl #realestate Christian Penner #ChristianPenner Christian Penner Home Loan Company #ChristianPennerHomeLoanCompany Current Mortgage Rates #CurrentMortgageRates FHA loan #FHAloan FHA loans #FHAloans FHA Mortgage Financing Specialist #FHAMortgageFinancingSpecialist FHA Mortgage Lenders #FHAMortgageLenders FHA VA Financing Specialist #FHAVAFinancingSpecialist Harp Refinance #HarpRefinance Home Finance Mortgage #HomeFinanceMortgage Home Loan #HomeLoan Home Loan Company #HomeLoanCompany Home Mortgage #HomeMortgage Home Mortgage New #HomeMortgageNew Lenders Mortgage #LendersMortgage Mortgage #Mortgage Mortgage Banker #MortgageBanker Mortgage Banker West Palm Beach #MortgageBankerWestPalmBeach Mortgage Broker #MortgageBroker Mortgage Broker Florida #MortgageBrokerFlorida Mortgage Broker West Palm Beach #MortgageBrokerWestPalmBeach Mortgage Broker West Palm Beach #MortgageBrokerWestPalmBeach Mortgage Brokers #MortgageBrokers Mortgage Brokers West Palm Beach #MortgageBrokersWestPalmBeach Mortgage Companies #MortgageCompanies Mortgage Company #MortgageCompany Mortgage Lender West Palm Beach #MortgageLenderWestPalmBeach Mortgage Lender West Palm Beach #MortgageLenderWestPalmBeach Mortgage Lenders #MortgageLenders Mortgage Loan Lender #MortgageLoanLender Mortgage Loan Lenders #MortgageLoanLenders Mortgage Loans #MortgageLoans Mortgage Rate #MortgageRate Mortgage West #MortgageWest Palm Beach Mortgage Broker #PalmBeachMortgageBroker Palm Beach Mortgage Broker #PalmBeachMortgageBroker Palm Beach Mortgage Company #PalmBeachMortgageCompany Real Estate #RealEstate Real Estate #RealEstate Real Estate Home #RealEstateHome Real Estate Home #RealEstateHome Real Estate West Palm Beach #RealEstateWestPalmBeach Realtor #Realtor Realtor West Palm Beach #RealtorWestPalmBeach Refinance #Refinance Refinance A Mortgage #RefinanceAMortgage Refinance Home Loans #RefinanceHomeLoans Refinance Mortgage Lenders #RefinanceMortgageLenders VA Financing Specialist #VAFinancingSpecialist VA Home Loan Expert #VAHomeLoanExpert VA Home Loans #VAHomeLoans Home Loan Rates #HomeLoanRates Home Loan Rates