The Weekly Kevin Martini

We learned last week that the glass is ½ full – NOT ½ empty specifically relating to the Jobs Report that was released on April Fools’ Day – the employment number was nothing to joke about folks! This report highlights that Raleigh mortgage rates are NOT going to be low forever – I regret this is a fact & not a joke. The economy produced 216,000 jobs in March & this number was greater than expectations. Now in the private sector, over 230,000 jobs were created & this number was greater than expectations. The unemployment number dropped to 8.8% — folks this is the lowest since March of 2009. The jobs number is good for the US economy however what does it mean for Raleigh mortgage rates? Well, I think you know what I am going to say — the employment numbers is good for the US economy however when news is good for the economy it generally is not good for Raleigh mortgage rates or Cary home loan interest rates. Here is the Kevin Martini break down…weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds & Raleigh home loan rates improve, while strong economic news normally has the opposite result on Raleigh home loans. If you have been thinking about purchasing a home, call or email me to learn more about how you can benefit. Please forward this post with those cool button on the bottom via the twitter or the facebook so one for your friends or family members may be able to benefit from today’s historic rates. Now let us take a sneak peak @ next week… There is still the turmoil in the Middle East…we still have a nuclear story in Japan & I am sure there will be a world event next week that may surprise us all. That being said, there is really no major news to impact Raleigh mortgage rates next week – just technical factors ONLY. I promise I will be keeping my eyes on the markets & invite you to call with questions – folks, NOW IS THE TIME TO BUY! The economic news may be slow next week however the Kevin Martini Home Buyer University has a full schedule of FREE training. Join 1 online workshop or join all – there is nothing being sold – just information to help you. Here is a sneak peak @ this week’s calendar: Secrets to Sell Your Home Fast…Even in a Down Market! Thursday 07:30 PM click here to join now 20 Things You Must Know Before Buying a Home Monday 07:30 PM click here to join now 25 Things You Must Know Before Applying for a Mortgage Thursday 09:00 PM click here to join now 5 Ninja Strategies to Help You Negotiate Like a Pro! Monday 06:30 PM click here to join now 8 Big Insider Secrets to Building Your Credit Score Fast! Friday 08:00 PM click here to join now Divorcing and Home Ownership: How To Avoid The Nine Biggest Mistakes Tuesday 07:00 PM click here to join now The Best Kept Mortgage Secret: USDA Guaranteed! Tuesday 08:00 PM click here to join now Zero Down! Fact or Fiction? The Truth About VA Loans! Wednesday 07:30 PM click here to join now