U.S. employers expanded their payrolls at a robust pace in November, the government reported on Friday, all but guaranteeing policymakers at the Federal Reserve will raise interest rates for the first time in nearly a decade when they meet later this month. However, more people applied for U.S. unemployment benefits last week, but the levels remain near historic lows that point toward a healthy job market.
OPEC will keep pumping about 31.5 million barrels of oil a day, the group’s president said. West Texas Intermediate ended the week at $39.97 a barrel. This being said, I expect gasoline prices to get even lower during the Holiday season.
Average long-term mortgage rates edged lower for a third straight week. Freddie Mac said
the average on a 30-year fixed-rate mortgage slipped to 3.93 percent from 3.95 percent the week before. The average rate on the 15-year fixed-rate mortgage eased to 3.16 percent from 3.18 percent.
“Tis the season to give!” Mark Zuckerberg and his wife pledged to give away virtually all of their $45 billion in Facebook Inc. shares, setting a new philanthropic benchmark by committing their massive fortune to charitable causes while still in their early 30s. What a gift!
At last week’s Kerrville Board of Realtors end-of-year Christmas luncheon, I was voted as their “Affiliate of the Year.” I was totally surprised and honored. Somehow, they let my wife know in advance so she could attend (without me even noticing she was there) and she even brought my Mother along as well. How those two were able to keep a secret that long-without me knowing-is beyond me. I felt really honored and blessed to have received this affiliate award. We are ALL in this real estate/mortgage world together and it takes a team of folks working together to help other folks achieve the American dream of homeownership. I really do appreciate all of their friendships and support. My team at SWBC Mortgage makes me look good through all of their hard work as well. I am looking forward to an even better 2016.
Please remember me to anyone you know that may need a mortgage!
Sr. Loan Officer | NMLS# 216213
“Your Local Loan Officer”
apply on-line to: www.swbcmortgage.com/stevenson
9311 San Pedro Avenue, Suite 100
San Antonio, Texas 78216
© 2015 SWBC. All rights reserved. This article is for informational purposes only and not intended for consumer distribution. Do not use it as financial and/or political advice. The opinions expressed in this article are not necessarily those of SWBC Mortgage, CENTURY 21 The Hills Realty or any of their affiliates. Information for this article from but, not limited to, the Wall Street Journal, S.A. Business Journal, NAMB, Real Estate on-line magazine, S.A. Express News and MBA News Link. To be removed from this email reply “remove” in the subject line. For questions/comments contact Tony Stevenson at 1.800.460.6990 or email email@example.com. Loans are subject to credit and property approval. Other restrictions and conditions may apply. Programs and guidelines are subject to change without notice. Rates are subject to change daily. This email is an advertisement from SWBC Mortgage Corporation, NMLS #9741. Corporate office located at 9311 San Pedro Avenue, Suite 100, San Antonio, TX 78216. 8540-5937 NMLS#9741(www.nmlsconsumeraccess.org)