Aloha & Good Afternoon!
Great news! We have a new PRICE REDUCTION on a beautiful Maui vacation rental located at the Palms of Wailea. I thought this was an excellent time to highlight this great deal as-well-as all the listings that Real Estate Sales Maui currently has. Please take a moment to check out these listings and let me know if you have any questions. My team and I are here to help you find your perfect Maui Property! And as always, please feel free to forward this email to any of your contacts that may be looking for a great Maui Property to purchase. And don't forget you might become eligible to win a free i-Pad from your referral! (see details).Palms at Wailea #2203
301 Ohina Place
Ma'alaea Yacht Marina #311
Here is some important information for anyone who is thinking about buying or refinancing. At the close of 2011, President Obama signed into law the Temporary Payroll Tax Cut Continuation Act of 2011. It is important to know the impacts of this continuation. The Federal Housing Finance Agency was directed to increase fees charged by Fannie Mae and Freddie Mac. These increases will be passed on to the consumer in the form of higher interest rates. I'm passing this information on to you to keep you informed. My ultimate goal is to help you get locked into the lowest rate you can and find that Maui address you've been dreaming of. As always, I am here to answer questions. Here is a great article on this topic that help explain it more.
ARTICLE: Reading between the lines:Who's paying for the payroll tax cut extension?
Don't forget to get your name in for this year's exciting i-Pad giveaway! Check out the details HERE!
Looking for more great articles, videos and advice? Check out the Real Estate Sales Maui Team on FACEBOOK, TWITTER and BLOGGER.
Looking for the current Bank Owned Foreclosures on Maui? Click HERE.
Last Week In The News
Retail sales rose 0.1% to $400.6 billion in December after an upwardly revised 0.4% increase in November. It was the seventh straight monthly gain and the first $400 billion month for retail sales. Total retail sales for 2011 had the largest percentage increase since 1999, up 7.7% to a record $4.691 trillion. Wholesalers increased their inventories 0.1% to $468.9 billion in November. This followed a revised 1.2% rise in October. Sales at the wholesale level rose 0.6% to $407.9 billion in November. On a year-over-year basis, sales were 11.3% higher since November 2010.
The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending January 6 rose 4.5%. Refinancing applications increased 3.3%. Purchase volume rose 8.1%.
Total business inventories rose 0.3% in November to $1.55 trillion, up 8.5% from a year ago. Total business sales also increased 0.3% to $1.22 trillion in November, up 9.6% from a year ago. The total business inventories/sales ratio in November was 1.27.
The trade deficit increased to $47.8 billion in November from a downwardly revised $43.3 billion in October. Exports fell 0.9% to $177.8 billion. Imports increased 1.3% to $225.6 billion.
The Reuters/University of Michigan consumer sentiment index for January's preliminary reading rose to 74 from 69.9 in December. It was the fifth monthly gain in a row for the index and the highest reading since May.
Initial claims for unemployment benefits rose by 24,000 to 399,000 for the week ending January 7. Continuing claims for the week ending December 31 rose by 19,000 to 3.629 million.
Upcoming on the economic calendar are reports on the housing market index on January 18, housing starts on January 19 and existing home sales on January 20.
Craig Haueisen is a Loan Officer with Prospect Mortgage. Please feel free to email him or call him for any of your Mortgage needs.
Office: 808-298-7549 or Email: craig.haueisen@prospectmtg.comClick here to visit Craig's website and apply online: http://myprospectmortgage.com/CHaueisen



No comments:
Post a Comment