10-Year Treasury yield continues fall, now at 1.55 percent

Yesterday, we reported that the 10-year Treasury yield fell 12 basis points to a 60-year low of 1.63 percent. Today, the bond yield fell even further, to 1.55 percent, based on concerns about Spain’s economy (budget deficits and its struggling banking sector) and sluggish U.S. jobs and GDP reports.

Jobless claims reversed course last week, and rose to […]

By |May 31st, 2012|CCL Market Updates|0 Comments

Home prices improving: this is not an illusion

We have talked quite a bit recently about positive trends in home prices. This article will provide a summary of our reports from the past month, and more evidence for why we believe home prices are stabile and ready to begin moving upward.

The National Association of Realtors reported that April home prices rose 10.1 percent […]

By |May 31st, 2012|CCL Market Updates|0 Comments

US 10-year bond yield hits 60-year low

Stocks dropped 1 percent today, as investors showed fears about the danger of Greek and Spanish debt contributing to a global economic slowdown. European leaders are openly discussing the risk of Greece leaving the Euro and the possible default of its debt.

Investors have continued to move into the U.S. bond market for safety, and today […]

By |May 30th, 2012|CCL Market Updates|0 Comments

Mortgage Matters Notebook – U.S. Housing Market Shows Strength

The outlook for the future of the U.S. economy is generally one of growth, according to strengthening economic indicators and a survey from the National Association of Business Economics. The housing market is showing strength and unemployment has slowly declined.  Still, European economies are expected to contract this year, and the debt crisis has raised […]

By |May 29th, 2012|CCL Market Updates|0 Comments

Jobless claims down, durable goods up

Jobless claims have declined this past week, and are now trending back at March levels. Jobless claims for the May 19 week (370,000) are down 2,000 from the previous week. The four-week average (370,000) is also down for the third week in a row, a 15,000 improvement from late April.

New orders of durable goods were […]

By |May 24th, 2012|CCL Market Updates|0 Comments

Central Coast Lending Joins Paso Robles Chamber of Commerce

PASO ROBLES – It is official: Central Coast Lending is part of the Paso Robles Chamber of Commerce community. On Monday, May 21, 2012, Central Coast Lending officially cut the ribbon at its Paso Robles office on 1921 Spring Street.

We are excited to grow our Paso Robles network and become part of the community!

By |May 23rd, 2012|Press|0 Comments

Why to avoid household chemicals and how to use healthier options

When people think of pollution, it’s usually clouds of exhaust fumes spewed from cars and choking streams of industrial waste. As bad as this type of pollution is, the typical American home contains 3-10 gallons of toxic materials, including cleaners and pesticides. The US Environmental Protection Agency reports that the air inside the typical home […]

By |May 22nd, 2012|SLO County Locals|0 Comments

April existing home sales up from March

Good news in the housing market; existing home sales are up 3.4 percent from March, when sales fell a revised 2.8 percent.

Though a larger gain was expected, news is still positive. Existing home sales have increased in each region, and gains were seen for both condos (6.0 percent) and single-family homes (3.0 percent). For the […]

By |May 22nd, 2012|CCL Market Updates|0 Comments

April median existing home sale price increases

The median home price for existing home sales in April rose to $177,400, which is a 10 percent increase year-over year.

Is the housing market suddenly making a huge comeback?

Diane Olik of CNBC isn’t so sure.

Olik believes this spike in existing home sales price is not an accurate reflection of the housing market. Recent home sales have […]

By |May 22nd, 2012|CCL Market Updates|0 Comments

Estate Planning Basics Part 4 – Avoiding Taxes

The fourth goal in estate planning is avoiding taxes. Below is a brief explanation of how estate planning can eliminate or minimize the tax burden of the assets that you would like to give to your loved ones.

Estate Taxes
Under the current federal estate tax law, a person can give away during their life or at […]

By |May 21st, 2012|CCL Market Updates|0 Comments