top of page
  • Leonard Brecken

Mortgage Applications Fall

The Mortgage Bankers Association reported for second week in a row a significant decline in applications for mortgages for home purchases. For the 2/16 week the index fell 6% the same amount as the prior week most likely as a result from the 4 year high in long-term interest rates. This indicates a significant slowing to come in housing in the months to come as this index is leading indicator of activity.

23 views0 comments

Recent Posts

See All

Despite what GDP may say the mothers milk of an economy is the health of corporate earnings which in turn will determine such things as hiring, investment, wage levels etc which are inputs into GDP.

Recently we on boarded a new client and discovered when reviewing his business practices that the owner kept many of the processes to run his business in his head. That included routes in delivering h

Most small businesses books are done in such a way that aligns them to pay taxes not measure or improve profits. The key to successfully improving the profitability of your business is better underst

bottom of page