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Economic Update - Sales of New Homes Surge

Published on: 05/26/2016

Following a volatile period due to increasing expectations for federal funds rate hikes by the Fed, mortgage markets were relatively quiet over the past week. Speeches from Fed officials, encouraging ... Continue Reading »

Special Edition - In Honor of Memorial Day

Published on: 05/25/2016

We celebrate Memorial Day as a day of remembrance for those who died in our nation's military service. This is in contrast to Veterans Day, when we honor all who have served in the U.S. military Continue Reading »

Economic Update - Fed Minutes Surprise Investors

Published on: 05/23/2016

Over the past week, comments from Fed officials and hawkish Fed minutes caused investors to increase their expectations for rate hikes this year. Continue Reading »

Economic Update - Hawkish Fed Minutes

Published on: 05/19/2016

Over the past week, the Fed minutes and speeches by Fed officials caused investors to bring forward their expectations for hikes in the federal funds rate. Continue Reading »

Economic Update - Surprising Strength from Consumers

Published on: 05/16/2016

Despite unexpected strength in the economic data, there was little movement in mortgage rates over the past week. Mortgage rates ended the week near the best levels of the year. Continue Reading »

On The Rise - Prospect Mortgage Welcomes Sales Manager Rick Warnement

Published on: 05/16/2016

Coming to Prospect from American Financial Network, Rick is a mortgage industry veteran of over 35 years. Continue Reading »

Special Edition - Prospect Mortgage and Watt Communities Host "Enclave" Project Memorial Weekend Open House and Free Barbeque

Published on: 05/12/2016

Prospect Mortgage, LLC will be hosting an Open House and free barbecue at the new "Enclave" Homes over Memorial Day weekend. The May 28 event will take place at 10630 North Bank in Ventura, ... Continue Reading »

Economic Update - Relative Labor Market Weakness

Published on: 05/12/2016

Over the past week, investors grew a little more concerned that the pace of labor market improvement may be slowing. Continue Reading »

Economic Update - Global Growth Outlook Downgraded

Published on: 05/09/2016

While global financial markets have been driven mostly by central bank policy in recent weeks, the pace of global economic growth reemerged as a focus for investors. Continue Reading »

On The Rise - Prospect is Pleased to Welcome Market Area Manager Miguel Villarreal

Published on: 05/09/2016

Miguel is a mortgage industry veteran of 13 years who comes to Prospect from WJ Bradley. He works from Prospect’s Naples, FL, office and reports to Regional Manager Frank Soldano. Continue Reading »

Homeline - Home Generator Buying Tips

Published on: 05/08/2016

Don’t be left in the dark when a power outage occurs. A home generator can keep your home powered-up when the power goes out. Continue Reading »

Economic Update - Europe and China Disappoint

Published on: 05/05/2016

While global financial markets have been driven mostly by central bank policy in recent weeks, the pace of global economic growth reemerged as a focus for investors. Signs of slower global growth ... Continue Reading »

Economic Update - Fed Statement Helps Rates

Published on: 05/02/2016

Wednesday’s Fed meeting was positive for mortgage rates. Economic data released over the past week had little impact. Mortgage rates ended the week lower. Continue Reading »

Economic Update - No Surprises from Fed

Published on: 04/28/2016

Wednesday’s Fed meeting was slightly positive for mortgage rates, and it helped offset some of the negative impact of the European Central Bank (ECB) meeting on April 21. The U.S. economic data ... Continue Reading »

Economic Update - ECB Disappoints

Published on: 04/25/2016

The main focus for investors over the past week was Thursday’s European Central Bank (ECB) meeting. Continue Reading »

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