Do you know anyone “starting over?”

After going through a divorce many years ago, I realized there weren’t many tools for those “starting over.” In the midst of an emotionally chaotic time, I found some peace knowing I knew how to handle my finances.

Many people, especially women, aren’t that lucky. I want to change this.

As a result, I am starting a podcast series, for those starting over. Whether it’s a divorce, death of a spouse, bankruptcy or foreclosure, these life changing events are life altering.

I’m super excited about bringing you some great resources- I’ll be interviewing a CPA, Financial Planner, Estate Planning Attorney, Divorce Attorney, Money Manager, Life Coach, Personal Trainer and more. Of course, I’ll be discussing the home buying/loan process as well, for those wanting to purchase a home.

My hope is to inspire and empower those starting over and give them tools to help with finances, fitness, emotional healing, asset protection and more. I’ll also be sharing a bit of my story along the way.

Check out my podcasts here, but make sure to check back often and share with anyone starting over! I’ll be adding interviews on a regular basis!

 Onto the market update…

Why should the Fed be any different than the rest of the United States Government?

 Everyone already knows that Congress could not be more divided. Well…the Fed appears to be divided as well. The latest FOMC Minutes show that many policy makers want the Fed to start unwinding the Fed’s balance sheet that has grown to enormous proportions ever since the great recession. However, there are some policy makers that are steadfast in wanting to hold off until later in the year to begin this process.

The labor market continues to remain red hot with more jobs available than qualified applicants to fill them. The challenge that exists to the Fed is that inflation continues to remain ultra-low and making changes to economic policy could cause unintended consequences of hurting the economy.

Given that there continue to be a number of mixed economic reports, as of late, it seems that many analysts are shying away from predicting when the Fed will make the next rate hike or begin to unwind the bloated balance sheet.

Mortgage Bankers Association Loan Application Weekly Data

Purchase applications finally turned higher for the week ending June 30th. According to the MBA applications for purchase loans rose 3.0 percent from the prior week. This reverses the previous decline of 4.0 percent from the week before. Refinance applications were virtually unchanged. Purchase applications remain 6.0 percent higher than the same time last year.


ISM’s manufacturing index indicates the fire in the sector has returned. The latest report for June is at a level of 57.8. This is higher than experts were predicting and shows that demand for production is strong. This is the strongest report since August of 2014.


ISM’s non-manufacturing index, which reports on services, construction, mining, forestry, fishing, and hunting, also showed a strong gain in June. The index jumped from 56.9 to 57.4 and demonstrates that these areas of the economy continue to maintain solid growth as well with no signs of slowing.

Next week’s potential market moving reports are:


  • Monday July 10th – Labor Market Conditions Index
  • Tuesday July 11th – JOLTS Report
  • Wednesday July 12th – MBA Mortgage Applications
  • Thursday July 13th – First Time Jobless Claims, Producer Price Index
  • Friday July 14th – Consumer Price Index, Retail Sales, Industrial Production

As your mortgage and real estate professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends. I welcome the opportunity to serve you in any way I possibly can.  Please feel free to reach me at 661-618-1789.

The Home Buying Coach!

In an effort to help first time homebuyers understand the overwhelming process of buying a home, I will be creating videos that coach and educate! “The Home Buying Coach” is a hat I will be wearing to serve the needs of this group.

I see time and time again, many come into the process of buying a home and really have no idea what to expect or what the process looks like. Why should they? It’s totally new to them!

I’m here to help take the overwhelm away with my video series. Watch this 1 minute introduction and stay tuned for more upcoming videos! Please be sure to share, like and follow on youtube to stay updated!

Onto the market update…

The best news of the week is that if you have any investments in the stock market, you have likely seen a significant recovery of the money you have lost in the last couple of months. For the last two weeks, the stock market has been moving higher and most of the losses from earlier in the month have been recovered. Panic over the glut of oil has seemed to subside for the time being and oil prices have stabilized.

Home prices continued to rise with December showing an increase of 0.8 percent, according to the Case-Shiller’s 20-city index. This extends the strong monthly gains that have been happening since last year. The only slight concern is the year-on-year rate increase has slowed and is currently at 5.7 percent, versus the previous report of 6.0 percent.

In another strong housing report for the week, existing home sales rose 0.4 percent for January. December also had a strong increase and the momentum has kept going and is showing no signs of slowing. Even stronger data in the report is that from the same time last year, sales growth in this sector of the market is up 11.0 percent. In an indication of housing strength, the single family sector of the market rose 1.0 percent.

When it comes to selling prices, the story is slightly different. It appears that some discounting may be taking place in that the median home price fell 4.2 percent to $213,800. Home prices continue to be higher than the same time last year by 8.2 percent. Supply of homes available for sale, which has been very close to historic lows and holding back sales, seems to be rising. Supply, which had been sitting at 3.4 months, rose up to 4.0 months. This is still below the January numbers of 4.5 months, however the market is moving in the right direction.

Reinforcing strong home price growth is the report from the Federal Housing Finance Agency. The FHFA reported that home-price appreciation increased 0.4 percent. Although this number is at the low end of the range predicted by analysts, it continues to show solid gains. Home prices remain 5.7 percent higher than the same time last year.

The only housing report to show weakness for this week was the report on new home sales. In an unexpected downturn, new home sales declined 9.2 percent in January to a lower-than-expected annualized rate of 494,000. The housing report is still respectable given that December’s numbers were not revised and that report showed a solid gain of 544,000.

The major potential market moving reports are:


  • Monday February 29th – Pending Home Sales
  • Tuesday March 1st – ISM Manufacturing Index & Construction Spending
  • Wednesday March 2nd – MBA Applications
  • Thursday March 3rd – First Time Jobless Claims
  • Friday March 4th – National Employment Situation


As your mortgage and real estate professional, I am happy to assist you with any information you may need regarding mortgage or real estate trends. I welcome the opportunity to serve you in any way I possibly can. Please feel free to reach me at 661-618-1789.