Gale

Weekly Mortgage Update – 9.7.10

Posted On September 7th, 2010 by Gale | Comments Closed

Straight Stats

Mortgage interest rates increased slightly this past week largely driven by today’s better than expected jobs report for August. Today’s report showed that non-farm payrolls fell by 54k on expectations that they would fall by 120k. Private non-farm payrolls increased by 67k on expectations that they would increase by 44k. The unemployment rate increased to 9.6%, in line with expectations. Also, weekly jobless claims fell slightly on expectations that they would increase. Other positive economic news of note included July Personal Spending, the Case Shiller 20 City Home Price Index, the Chicago Purchasing Managers Index, August Consumer Confidence, the August ISM Manufacturing Index, and July Pending Home Sales. Economic data weaker than expected included July Construction Spending and the August ISM Services Sector Index.

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Grace

Lew Kingdom’s 40th Real Estate Anniversary

Posted On September 1st, 2010 by Grace | Comment (1)

Today, September 1st, 2010, marks managing broker, Lew Kingdom’s, 40th year in Real Estate. Lew is a founding partner of Wright Kingdom Real Estate and has been helping families and individuals alike with their Boulder County Real Estate needs for 40 years now. In this time, Lew has been actively involved with the Boulder Area Realtor Association serving as President, Chair of the Grievance Committee, member of the Board of Directors, and various volunteer positions. His other professional association has included leadership positions with Information Real Estate Services (IRES). the multiple listing service (MLS) for northern Colorado, and as Director of the Colorado Realtor Association.

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