by kamawilson | Oct 12, 2016 | Enewsletters, In the News, Mortgages
Whole Foods stock is climbing on speculation that Kroger might be interested in purchasing the company according to the Investor’s Business Daily. Kroger is rumored to be offering to buy the company in a cash/stock bid of $40 per share. Whole Foods operates 10 outlets...
by kamawilson | Sep 7, 2016 | Enewsletters, Mortgages
The U.S. service sector grew last month at the slowest pace in more than six years. The Institute for Supply Management services index fell to 51.4 in August. That was much weaker than expected, still, anything above 50 signals growth, and services firms have now...
by kamawilson | Aug 19, 2016 | Enewsletters, Mortgages
The world’s largest retailer, Wal-Mart, had a profit of $1.07 a share essentially flat from last year. Sales grew 0.5% to $121 billion. Same-store sales at Wal-Mart’s U.S. division grew 1.6%. It was the division’s biggest same-sales gain since 2012....
by kamawilson | Aug 18, 2016 | Enewsletters, In the News, Jobs, Mortgages
Total mortgage application volume decreased 4% this week. Refinances fell 4% but are up almost 48% compared to last year. Mortgage applications to purchase a home also fell 4% for the week to the lowest level since February, but are still 10% higher compared to last...
by kamawilson | Aug 16, 2016 | Enewsletters, Mortgages
For the second time this month, the Dow, S&P 500, and Nasdaq hit simultaneous record closes, after not having done so since December 31, 1999. (CNBC) Home builder sentiment rose two points to 60 in August. Housing affordability, which has been weakening amid...
by kamawilson | Jul 22, 2016 | Enewsletters, Life Insurance, Mortgages
Umpqua Holdings the state’s biggest bank reported quarterly profits of $69.2 million. The bank posted $283.9 million in sales. Assets hit a record $24.1 billion, up 6% from a year ago. Deposits climbed to $18.3 billion. (PBJ) Home resales rose in June 1.1% to an...
