The Peninsula (Long Beach, CA)
By Ricardo "The Realtor" Perdomo, For all of your Real Estate needs & more... Call R
(Keller Williams Realty)
Southern California Real Estate Agent If you are thinking of buying or selling Real Estate in Southern California, work with a Realtor who knows the best neighborhoods in Los Angeles & Orange County. Beach, water front and golf communities. Call me today: 562.533.4003 & visit Open a newspaper and you're likely to see an advertisement for a lender announcing their mortgage terms and rates. Sometimes the ad will include both the interest rate and the Annual Percentage Rate or APR. You may wonder, "What's the difference?"The interest rate is the percentage of the loan amount the lender is charging you to borrow the money. It does not include other, less obvious, charges like interest and fees. The Federal Truth in Lending Law requires all banks and lenders to also...
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By Kirk Mulhearn
(Prudential California Realty/Gem Mortgage)
Long Beach, Ca.   There is no news today, aside from Construction Spending. Tomorrow we have the Commerce Department's November Factory Orders data. This data gives us a fairly important measurement of manufacturing sector strength, both in durable and non-durable goods, and is expected down 2.6%. Also Tuesday will be the release of the minutes from the last FOMC meeting. This will give market participants insight to the Fed's thinking and concerns regarding inflation and monetary policy. The usual Jobless Claims on Thursday, and then the final report of the week comes Friday morning when the Labor Department will post December's employment figures. Current forecasts call for a 0.3% increase in the unemployment rate up to 7.0%, and Nonfarm Payroll -500,000. Not much happened to the econ...
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