Friday, October 9, 2015

The Weekly Wrap Up - Keep Calm and Get Your Scare On



The Labor Market Conditions Index for September was 0, signaling a weakening market. This could help keep rates low.

Low inflation and global economic weakness, both good for rates, are a concern to the Fed. Many economists think the Fed won't raise policy rates until 2016.

Weak jobs data last week points to a cooling off of the U.S. economy. While more data is needed to support this speculation, it could be helpful for rates.










Keep Calm and Get Your Scare On!


Over the years thousands in Delaware, Maryland, and Pennsylvania have had a scare at Frightland!! Fridghtland is open every year from late September through early November.  From now until the end of the season, the ticket booth opens at 6 pm each night and closes at 9pm.  The exceptions to the hours are Saturdays 10/10, 10/17, and 10/24, those nights the ticket booth will remain open until 10 pm.  There are 8 haunted attractions, including a Hayride and carnival attractions.  Go enjoy Halloween fun with your friends and family at Frightland, 309 Port Penn Road, Middletown, Delaware 19709.  For more information click here for their official website!





A reported survey of property managers found rents increasing by up to 8% in the next year. Primary reasons cited were increased demand and low inventory.

Mortgage applications jumped by 25% last week. The unusually large movement is being attributed to low rates and the rollout of new TRID regulations.


Per Fannie Mae's latest survey, consumer confidence in both home buying and selling increased. Of those surveyed, 64% say it is a good time to buy a home.

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