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Daytona USA NewsReel - Breaking News for  June 12, 2019
USA Economy Rebounding despite Democratic opposition

Trump primarily acquitted as Muller (Democratic) Probe turns up no evidence after 2 years.
Democrats name 19 Democrats for President and Joseph Biden (former V.P.) a shoe in.
Trump escalates "America First" expression to China (Imports) and Mexico (Wall).


Daytona USA Newsreel, Just The Fact is comprised of Newsworthy current events.


Wall Street:
Just The Facts June 12, 2019
Stocks and Bonds:

People on the majority thinks Bonds are safer than Stocks. That is not true as you are at risk with either investment. A Bond investment,  (other than Blue Chip) the investment can become over encumbered or can go broke.  A stock investment can have a high yield say +39% for a quarter and the go lower say 24%, 12%, 1% then upside down if your not watching and locked in or rolling over. Many investments today are at "high price to earnings ratios",  have severe volatility, uncharted history at the existing level, which can come from over leverage which is considered a price to earnings of (10%) referred to as a ratio of 10.

US Federal Reserve Bank:
Just The Facts June 12, 2019
FED: Prime Lending Rate Up at 5.50%

USA Interest Rates are Up to 5.50% as of April 2, 2019. The Prime Lending Rate is to high for the average American. According to the Bureau of Labor Statistics, the average American "all Amercians" that work approximately a Full time 40 hour week, the earn $44,720 a year (2017). The average household income, husband and wife per se, is $60,336 (2019). These are the most recent accurate figures available.  Average home price (low end) in United States is about $199,000, or $979.96 monthly, plus Taxes $249. Monthly and $83.33 for insurance for 30 years, lower end of the market. Average Home price from $219,300 January 1, 2019.  A model of $300 for car payment(s) and $200. Credit card payments equal $1811.96. You need $60,000 at least, to qualify. 50% don't. National Association Of Realtors indicate a medium priced home to be at approximately $267,000.

USA Economics:
Just The Facts June 12, 2019
Issues and Solutions:

The Backwards economy.
Prime Rate 5.50%.
Federal Discount Rate 3.00%
Federal Funds Rate 2.50%. (Target 2.25% t0 2.50%)
Note:The FED is at their target and  the people of America can't even afford a home, car and other necessities. The FED has proceeded as the predecessor Janet Yellen had designated leaving America behind with Powell the current FED Chair doing nothing to change the direction of the FED.

Trump Administration Successes
Just the Facts  June 12, 2019
Jobs, Foreign Relations & Gross Domestic Product:

Trump has brought  the jobless rate into perspective. As Trump tries to increase the individual labor rate (money per hour, week month, year) he is being blocked bu the Democratic Party leadership. Every time Trump tries to held America and American he is thrown blockades by Democratic leadership. The Democratic Party ploy, is run for election not help America or the American people. This is apart from the Sanders Democrats who want to get ahead.

Real Estate: Just The Facts
June 12, 2019 Most recent report.
Real Estate Sales Down Again -0.4% in April 2019:
 

Not a sign of a healthy economy as home sales are hovering around a 3 year low. Auto sales are also poor. When Trump tries to make a move for improvement he is opposed by Democrats


FED Increase Prime Rate
to 5.5%. To high

 
USA Economic News
2018 Annual Report
(Update Pending)
Trump Administration
Adversities to be faced.
 

THE WALL STREET MARKET:
Price to Earnings ration overall is higher than ever. Just be able to take the loss and its worth the risk.
Headlines: Some examples.
From just one of their Genesis investments last year a group of investors made 530%.
Another trade made investors 2000% in 24 months.
The highest yield posted was an investor made 200,000% in a single Genesis Investment/crowd funding trade.

6-12-2017
Bond Yield    2.35%            
 3 Month / Best                         


Bank Interest Rate 2.00% to 2.25% to 2.46%   
Capital One, State Farm and Vio Bank Rates
$10,000        $1,000                 $100  Deposit

1 Yr. CD Rate         
Marcus        Bank United           Capital One   
2.70%          2.60%                    2.50%                  500.00         $1,000                   Open              

Savings Rates: See Ban Interest Rates

Note: Savings rates on CD have risen. Deposits have lowered. There is a substantial penalty for early withdrawal.

e-RETV News in Brief:  6-5-2019
Research and Development

  _______________________________________
FEDERAL RESERVE BOARD 6-12-2019

After of over a year of negative activity FED decides to review the "over the top" interest rate hike they have put in place.

The rate hikes imposed on the American people and Businesses are not supported and have led to the decline of an emerging economy.

RETV.News 6-12-2019

EDITORIAL VIEWPOINT:
 
The Federal Reserve Board under the Direction of Jeremy Powell  has done nothing to help the American people.

Essentially all it has done is "write off" Democratic debt incurred in the preceding administration. Free money for the Democratic constituency of $2.5 Trillion Dollars that doesn't have to be paid back.

Try not paying back $250.00 to your creditor. What happens to you? Just tell them to write it off
and we promise to do it again as soon as we can.

Rev.News 6-12-2019
_______________________________________
REAL ESTATE 6-05-2019
  USA HOME SALES Down in 2019-2018
  MEDIAN PRICE - Month to Month
   Most Recent

   4-30-2019          $264,800
   3-30-2019           $259,700
   2-28-2019           $250,100
  1/30//2019           $249,300
  1/31/2018            $240,800
  1/31/2017            $227,300  
_______________________________________
Editor's Viewpoint: June 12, 2019

With all other major sales figures down, such as Retail Sales are at 1.4% in  January-April 2019.
(3 months at -0.2% and 1 month 1.6%)
Car Sales Down  -8.8% and SUV's/Trucks Up 1.6% for January- May.
Forecast: 6/1/2019 may continues or worsen through 12/31/2019 up to .15%
____________

Editorial Speculation: June 12, 2019

The economy is not growing as quickly as expected in 2018 and 2019. Approximately 51% of Americans can't afford a home, or is at a poverty level. Never before 2008 has this been the case.

Trump has  indicated he felt interest rates were to high for the average American. It is. The FED is yet to do anything. Currently they are reviewing the discrepancy.

As of April 2019 household  income for the average American (family) is $56,516. It may make $60,000 by year end. Note, if you don't have the affordability does it really matter?

According to government stasticts that is not enough to buy the most reasonable priced home. Over 50% of Americans are affected.
It takes about $53,016 to take care of a family of 4.  That's about $10,000 +- $5,000 below the figure of including a home. Location differs.

Let's look at a snapshot American income:
10.7% make under $15,000 annual,
  9.6% under   $24,999
  8.2% under   $34,999
12.3% under $49,999
16.7% under $74,999 
49.1% Americans(8.3% of the 16.7%) non affordability of a home)

12.5% under $99,999
___________________
From 100,000 +
14.5% under $149,999
   7.0% under $199,999
   7.7%  at      $200,000+ (Primary Beneficiary to                        $2.5 Trillion write down?)
___________________
Therefore economically speaking approximately
50% of Americans can not by the average home under the normal cost of goods today.

Average wages are short of a home purchase by at least $10,000. or more, a year in all reality.

This then extends to Autmobiles and so on.

To own the average family home you need approximately $60,000-$65,000 income, at least, with only $533.33 of other debt.

Also the less money there is at the peoples bottom 49.1% the more there is for the top.

RETVNews.com 6-12-2019
_______________________________________


Update Pending:
Based on release of new information.
6-12-2019

Semi Annual Archive from May 2018 article:

Individual Workers Averaged Income Annual
USA Median Income:
Source: US Census Bureau

2018 - $31,364             (Up +$0.72 cents a day)
2016 - $31,099
2 Year Wage increase $    265.00

CPI
2017 - 2.0%
2016 - 1.3%

2 Year Price increase $1,035.01
                                     ( Up -$2.83 cents a day)

Shortfall on income  (- $   770.01 Annual)
Prices increased more than income.
______________________________________

Just The Facts: Archive Date
FULL TIME WORK DEFINITION CHANGED

JANUARY 8, 2015

Changing the ACA's Definition of Full-Time Work. ... Employers may also opt to avoid the mandate by reducing hours and substituting part-time workers for full-time workers. However, contrary to the conventional 40 hour definition of full-time work, the law defines full-time employment as working at least 30 hours per week.Jan 8, 2015

JUST THE FACTS ~ WAGES SHOULD BE CALCULATED BASED ON A 35 HOUR WEEK RATHER THAN 40 HOURS.
_______________________________________

PART TIME WORK DEFINITION

A part-time contract is a form of employment that carries fewer hours per week than a full-time job. They work in shifts. The shifts are often rotational. Workers are considered to be part-time if they commonly work "1 hour" or fewer than 30 hours per week.
_______________________________________
Numbers in Millions.
USA Work Force: 6-12-2019

130,298,463  - 40 Hours Full Time
  26,583,519 -  35- (Less) Hours per week
156,976,472 - Total

$33,036 Medium Income

  37,665,669  - People Living in Poverty
Family of 4 Income Level $25,100 or less.
  35,155,118  - Living off of Food Stamps

USA Goverment
$533,442,959 Billion added to currency circulation 2019. M2

 

 

USA ECONOMIC NEWS as of Trump continues to move ahead with the issue.
  April 12, 2018
REAL TIME ANALYSIS
Annual Report and Comparison


April 4, 2017
The TRUMP Trek begins to Restore America.
Obama leaves a trail of Debt for Americans.

US NATIONAL DEBT: As Of: 4-4-2018
            -$21 TRILLION 115 BILLION Up from
           
-$19 TRILLION 963 BILLION  1/20/17
National Debt:  Notes
In 2008 the National Debt as of January 9, 2008, was 9 Trillion 719 Billion. The National Debt has more than Doubled in the last nine years. -1 Trillion went to the Mortgage Crisis 2008-2009 from the G.W. Bush Administration. An additional 9 Trillion was added to the US National Debt by the Obama Administration. From 2009-2016 the National Debt more than doubled the amount that has been accruing since the 1960's

US GDP GROSS DOMESTIC
PRODUCT: Is Up +879 BILLION to
               +$19 TRILLION 865 BILLION
                 FROM
              
 
+$18 TRILLION 986 BILLION
SHOWS SOME SIGNS OF CURRENT AND POTENTIAL GROWTH IF NOT CHOKED OFF

4/2018
US DEBT TO GDP RATIO:
 
(-106.29) ^
             Up From 4/2017      -104.49%
Worse in last 12 Months        -1.88% ^
This is due to USA Debt exceeds USA Gross Domestic Product. Current Debt is increasing more than the Gross Domestic Product increase year to date.


Obama has increased the USA Dollar Supply
-963 Billion in 12/31/2016
-536 Billion       4/4/2018 Improved
427 Billion fewer dollars printed compared to 12/31/2016 IMPROVED 55%. Result a Lowered USA Debt and public tax burden to date.

Cost to each Taxpayer 12/31/2017
an additional -$2,962.00  Annual.
Down to         -$1,629.00  4/4/2018 est.
With no apparent Benefit to the USA Taxpayer.

As of 4/4/2018 - - - - -
The above negative ratio indicates that the USA is spending more money than produces.

In 2018 Congress and President Trump passed 1 Trillion 300 Billion USA Budget.
This is the first realistic US Government increase since 9/11.
Budget Deficit listed below are for each year shown with a similar amount increasing annually for years not shown. Milestones.
Year        Deficit Amount
2002 -      -$158 Billion - G.W. Bush
2008 -      -$459 Billion - G.W. Bush
2012 -      -$1 Trillion 87 Billion - Obama
2016 -      -$767 Billion - Obama
2017 -      -$812 Billion - Obama >Trump
2018 est  -$633 Billion - Trump
The increasing Debt of the war effort is approaching 1 Trillion Dollars Annually.

This amount is approximately the same amount that is being added to our National Debt annually.  -$1 Trillion Dollars of Taxpayer Liability proposed for 2019.
Approximately -$1 Trillion Dollars of War Debt over the existing 1 Trillion 200 Billion 2018 Budget.

Without the expanding World War effort the USA in a very stretched sense would be within the proposed budget set for 2018.
The USA War Chest is approaching $700 Billion. This is more than 10x that of any other Country in the World.
In comparison, FDR Debt of World War II was -$21 Billion Dollars in 1942 and -$55 Billion in 1943 estimated Annual.

2016:
The Obama Administration and Congress is -$592 BILLION OVER THE 1 TRILLION 100 BILLION US 2016 BUDGET. Expressed as a percentage that is 53.81% ^
over budget. The Obama, US War chest is 548 Billion. The USA is not a healthy economy at this time.

AAmericans Living in Poverty exceed 42 Million or 12.96% 1/2017. This number has improved as of 4/2018 to just over 39 Million. 2017: Americans Living off Food Stamps is 41 Million1/2017. 4/2018: This number has improved to just under 41 Million. Both sets of numbers encompass different Americans with some duplication.


December 31, 2008, Comparison (year-end)

US NATIONAL DEBT:

-10 TRILLION 447  BILLION

US GDP GROSS DOMESTIC PRODUCT:   

+13 TRILLION 976  BILLION 

US DEBT TO GDP RATIO: +35.46% 

The above positive GDP Ratio reflects a USA economy that has produced more than it has spent.    


BOTTOM LINE:    1/31/2017

WORSE   2008 TO 12/31/2016      -41.83%
January 31, 2017                           -41.15%

THE USA ECONOMY IS OVER     -40.00%
WORSE AS OF JANUARY 31, 2017 THAN
IT WAS IN DECEMBER 31, 2008. Improving
This does not include random Money printing.


AVERAGE INFLATION RATE
COMPARISON

YEARS                INFLATION RATE AVERAGE
2017 TO 2018              1.8%    Moderate Low
2009 TO 2016              1.4%      Recession

2000 TO 2008              2.9%      Moderate


America as a Democracy powered by Capitalism should have a positive "Growth at a Rate." This includes Real Estate and Retail Sales as a Country.
In order to do so a 2.5% Inflation Rate is Low and a 3.5% Inflation Rate is Moderate High when compared to USA history and the current Global Economy.
See World News page grid.
_______________________________________
 
 

EXIT BENCHMARK: 3/28/2017
USA Full Time Employment Needed:
1 Million 215 Thousand Americans
To get back to 2008 Actual Unemployed Level
_______________________________________
USA Overall Debt
As of 1/10/2017: Obama EXIT BENCHMARK
As of 4/04/2018: Trump Current Performance 

US Budget Deficit: -$5 Trillion 645 Billion
US Budget Deficit: -$6 Trillion 001 Billion

Social Security:   -$15 Trillion 619 Billion
Social Security:    -$16 Trillion 877 Billion

Medicare:              -$27 Trillion 720 Billion
Medicare:              -$27 Trillion 879 Billion
Total 1/10/2017:     -$48 Trillion 984 Billion
Total 4/04/2018:    - $50 Trillion 757 Billion
_______________________________________

USA Overall Debt Continued:
Total 1/10/2017:

Total 4/12/2018:
 
 
 

Unfunded Liabilities :  -$55 Trillion 777 Billion
Unfunded Liabilities:   -$62 Trillion 008 Billion
National Debt:              -$19 Trillion 954 Billion
National Debt:              -$21 Trillion 931 Billion
Federal Reserve Deficit -$3 Trillion 200 Billion
Federal Reserve Deficit -$3 Trillion 200 Billion
 

Liability Per USA Taxpayer

$875 Thousand 156 Dollars as of 1/10/2017
$929 Thousand 559 Dollars as of 4/12/2018

Real time analysis: 4/2018
Trump FUTURE PROJECTION: 2021

_______________________________________
Not counted above:
US Government IOU's to the American Public +2 Trillion 600 Billion + Yield for all Monies Removed from the Social Security Trust Fund completed without voter approval.
US Government War Chest:     +$633 Billion
National Debt Annual Interest: +$225 Billion
 
 
 
 
USA Budget 2018       $1 Trillion   300 Billion
_______________________________________
   
 
 

4/4/2018
TODAY
ACTUAL
 
 
 
 
 
 

US Budget Deficit: -$6 Trillion 001 Billion
Social Security:    -$16 Trillion 879 Billion
Medicare:              -$27 Trillion 879 Billion
Additional Unfunded Liabilities+ National Debt                       -$61 Trillion 917 Billion
Liability Per USA Taxpayer
$875 Thousand 156 Dollars as of 1/10/2017
$929 Thousand 014 Dollars as of 4/04/2018
 
 
 
 
 
 

_______________________________________
 
 
 
 
 
 

Editor Noted: War Funding is approximately -$633 Billion going up to 1 Trillion annually.
In 2015 it was $736 and 2016 $767 Billion.
 
 
 
 
 
 

USA Budget 1 Trillion 300 Billion "estimated"
Defense Spending     - Non defense spending
2018 -  $633 Billion    -   $539 Billion USA
2019 -  $700 Billion    -   $590 Billion  USA
2020 -  $715 Billion    -   $605 Billion  USA
_______________________________________
Further USA Economic News may be found on the Daytona USA Financial News and Daytona USA World News pages.
 
 
 
 
 
 
 

TRUMP ADMINISTRATION 2019:

Trump continues to move ahead with the issues. He has been stopped on internal economic concerns such as expansion of the infa structure of America and its employment of  the cirtizens.

In an effort to slow the war effort started by the preceeding Democratic administration and resolve the astronomical figure of $686 Billion  to war in 8 other countries ( up from 4,  2008-2016) for 2019 that is is a Trump administration concern.

That is substantial amount of our economic budget for the country, more than 50%. This was left to Trump from the preceeding 2008-2016 Democratic administration.

In October 2019, this year alone we will have a $1.1 Trillion deficet as of October 2019. Congress will have to take in consideration of the facts which may stall the new USA Budget. $1 Trillion 1 Hundred Billion is about the budget for the USA for 1 year.

The Deomcratic heirarchy insteat of dealing with the issue makes up false accusations on TV, and continues running for election instead of working out the problems that they developed.

The USA economy is faultering now because the Democratic constituancy, in whole (100%) refuse to make admends. 100% ? Their only concern is runnung for election and promoting Socialism and discontinue Democracy..

Trump continues with Democracy and the American way. 

_____________________________________
Trump Speculation per Thousand Dollars:
Trumps Initial Personal Income Plan Per from 1/20/2017:
$1000.00  Earnings
  +280.00. Inflation at 3.5% over 8 years
$1280.00   Earnings in 8 years
______________________________________
   $500.00   Expenses for the $1000. Earnings
   +140.00    Inflation at 3.5% over 8 years
   $640.00    Expenses in 8 years
______________________________________
   +$13,440. End Game per $1000.00 of Income
______________________________________
                    Benchmark for Real Estate                               Appreciation 7.5% Annual
______________________________________

$100,000     Home Value 1/1/2017
$178,347     Estimated Value 1/1/2025
+$78,347     End Game Per $100,000
                    Real Estate Invested
______________________________________
$100,000     Stock Market Investment
$152,308      Yield Estimated at 5.4% Annual
+$52,308      Per $100,000 Invested in the market.
or
+   $5,230      Per $10,000 Invested in the market.
______________________________________

                 USA Economic Advancement
______________________________________

USA PRODUCTIVITY
Projection
 

4th Quarter 2018 GDP Growth was 2.2%, lower than expected.

Average for 2018 3.025%

1st Quarter Report 2019
GDP 3.1%
 

2nd Qtr. Pending   
Up 75,000 Jobs in May

JOB GROWTH
FED indicates Unemployment Benefit Rate  up from 3.8% in May to 4.0 %in June 2018 to 3.7% in Sept. Most jobs to existing employed under 40 hours.

Unemployment is  3.6%
Actual Unemployment over 12 monts is about 7.2%
Job growth 3.9 Million Jobs over 94 consective months since 11-2016
 

Congressional Budget Office
Above Averages Courtesy of RETV.News
_______________________________________________

Noted: Preceeding Administration 2008-2016
1.9375% GDP
Only 2011-12 Election year increase.
Otherwise 7 years at the recession level.
History
______________________________________
USA ANNUAL INFLATION RATE
Trump Target  2.5% - 3.5%
____

Economic Inflation Range Benchmarks
  +1.5%           
 
 
Recession
  +2.0% Low to Moderate
+2.5%    Moderate Low
+3.0%             Moderate
+3.5%     Moderate High
____

A Moderate level is necessary to
"Make America Great Again".
Inflation is needed for growth.
 
____

1.5% is a Top 10 Country Recession Level
 
2.5% is a Top 10 Country Moderate Level 
____
INFLATION RATE
2019 5 Month Average      as of June 7, 2019                                                     +2.0%* Down
 

2018 +2.4%* Moderate
2017 +2.1%* Low to Moderate
2016 +1.3%* Recession (Obama)
2015 +0.1%* Recession (Obama)

2.4% Average for 2018
*COURTESY OF THE BUREAU OF LABOR STATISTICS
1.75% Average for 2019 through January-April 2019
_________________________________
 
RETV News Alert ~ USA First 4 Months 2019

Fluctuating Inflation Rates as shown indicate economic instability. Upward Inflation Rates show stable growth.
A 3.5%+ Inflation Rate is the rate or value of a economy that is beginning to overheat, less than 2.5 Recessionary.
_________________________________
Bureau of Labor Statistics
USA Inflation Rate 2019-2018 by the Month
Inflation Rate is  1.75% for 2019

January 19 1.6% Feb.         19 1.5%
March    18 1.9% April        19 2.0%
May       18 2.8%  June       18 2.9%
July       18 2.9%  August   18 2.7%
Sept.     18 2.3% Oct.        18 2.5%
Nov.      18 2.2% Dec.       18 1.9%
USA Inflation Rate
Down -0.9%  thru 4/19

 
All items less food and energy in U.S. city average, all urban consumers, not seasonally adjusted.
 


Revisions Courtesy of:
 

US Bureau Of Labor Statistics
June 12, 2019
Inflation Rates adjusted as Reported by 
US Bureau of Labor Statistics
all items less food and energy


____________________________________

2021 
TRUMP ADMINISTRATION GOALS

OFFICIAL PROJECTIONS 

US Budget Deficit: -$4 Trillion 984 Billion 
Social Security:     -$22 Trillion 765 Billion 
Medicare:               -$28 Trillion 311 Billion 
Total 7/8/2021:       -$56 Trillion 060 Billion 
Unfunded Liabilities:   -$49 Trillion 416 Billion 
National Debt 2021:      -$22 Trillion 734 Billion 
~~2021 estimates are Subject to Revision~~ 
National Debt: 4/2028:-$21 Trillion 119 Billion 
Actual National Debt as of : 1/2017:
-$19 Trillion 540 Billion
Actual National Debt as of 6/12/2019:
-$22 Trillion 370 Billion, 594 Million, 800  
 
 

______________________________________
 
 

Editorial: 6-12-2019
Democrats in their last rein 2008- 2016 raised the national debt  and additional amount of $6 Trillion divided by the appropriate amount for each year(s)  cummlative, over budget.

In addition the Democratic heirarchy incresased the Federal Reserve Debt approximately  from 400 Billion 2010 to $2.5 Trillion ($2.5 Trillion actuallly)  by the end of 2016. This debt is not being repaid, it is being (now) a "write off".  The "write off to date" is $85 Billion since June 2017.

Therefore some body(s) between 2008-2016 has received $2.5 Trillion Dollars at no cost non repayment during 2010 to 2016. This is in addition to the $6 Trillion acceleration to the National debt above. The difference being (National Debt should be -$16 Trillion not
-$22 Trillion on the National Debt. On the Federal Reserve Debt -$2.38 Trillion which is (Total Federal Reserve Debt of $4.5 Trillion
- $2.38 Trillion leaving -$2.12 Trillion. For What?

The Mortgage Crisis was paid in full through the USA debt as noted by the Federal Reserve 2009 . So that is not a concern for the aforementioned calculation.

What was done by the preceeding administration 2008-2016 was an expansion of the war. About 4 Countries to 8 Countries. None of which we can win in all probablity.

That is why the National Debt has exceeded the USA Debt Implosion level now in 2019 instead of 2021-2023 as originally extimated bu USA government offices. That is why the Federal Reserve Bank (acting as baknrupt on the -$2.5 Trillion debt), (being ignored) is in a write off the debt mode.

The Federal Reserve should only have a negative balance at the end of each year for the balance of the spending debt allowed for the following year.

RETV News
 

Compass

Market News

House

USA and EURO MARKET  2019

 
Just The Facts
FED Talks over
INTEREST RATE HIKES
and their Continuance
Real Estate
HOME SALES  DOWN April 2019
(-0.4%)
Annual Housing Sales for 2018 (-0.58%)

June 12, 2019
Since, October 10, 2018
USA compared to EURO BANK
$1.00 Dollar is worth $0.87 to Euro
Dollar Up $0.02

USA
Savings Account
Up to 2.00% ~ 2.46% Average
Up 0.75 % since October 2018^
EURO
ECB Rate -0.4% Average
"Secured" Interest Rate Yield for
6/2019

ECB rate lower  v

                            June 12, 2019
US FED PRIME RATE :   
5.25%  October, 2018

____________________

Higher interest rates result in the tightening of Mortgage Loan Underwriting.

Janet Yellen, Democrat appointee socialized interest rate hikes againist the American People for a period f years will be reviewed.

Analysis:
The FED is moving to fast for the economy. Individuals in the USA can not keep up
with the FED. This is why the preceding
FED Chief was replaced.  Jerome Powell replacement.

Trump has indicated since the begining of  January 2019 that interest rates are moving up  to fast for the American public.

Trump is correct.
_______________________________________

    Rates Posted are as of June 12, 2019
    Down 0.50%-.875% over last 9 months
           No Growth or Negative Growth

                               June 12, 2019
USA HOUSING SALES:
____________________
2019                                             2018
August    2019                             Neutral 0.00% 
July         2019                             Down    -2.7%
June        2019                             Down    -0.6%
May         2019                             Down    -0.4%
April        2019  ( -0.4% Down)   Down    -2.5%
March      2019  (-4.9% Down)    UP +1.1%
February 2019  +11.8                  UP +3.0%
January   2019  +1.2                   Down     
-3.2%
_______________________________________

Jan-April  2019 +1.9  Up            
Total Up   2019  +1.5% 

USA Real Estate Growth           2018  (-0.58%)
                                          ______

USA Real Estate Growth Non-Existent in 2017
Retail Sales Growth         Non-Existent in 2016

 

 

 

REAL ESTATE
USA AVERAGE HOME
INCOME QUALIFIER INFO
6-12-2019
most recent releases
___
Median Individual's Income
  June 12, 2019,
                          33,066.
00^                         
___
Estimated Average Family Income
$56,516 ^ Up as of June 12, 2018
similar to 8-2017 income.
May increase to $60,000 this year
Census Bureau most Recent Release
___
PURCHASE PRICE $264,800
(up about $20,000 in last 9 months)
Loan Amount $211,840
Qualify with 20% Down $42,160.
 
Qualify for  $169,472
Qualify with $56,516. Annual $4,709. Mo
___
Loan Rate 4.23% 30 due in 30 Yrs.
Payment $833.70 a Month
Taxes and Insurance $249.00
Other Debt $533.33
$1616.33 PITI and Debt per Month
Ratios
17.69/ 34.31
___
 
 

Ratios
33.00 / 38.00

A Cash Down Payment of 20% is
estimated at $42,368. Plus closing cost and cash reserves of approximately $10,000.00. Total cash required $52,368. -+ to close escrow.


Average USA Family has 49.1% is exited to the home ownership market.
 
 

Home Loan Point Cost Est Retail Rate
30/30 - 417K 0%   4.23% v
5/25 - 417K 0%   3.62% v
15/15 - 417K 0%   3.65% v
30/30 + 418K 0%

  4.09% v

Point Cost Lowers Rate
FNMA FHLMC
Retail
Averaged Rate
Commercial 7 Yr. Fixed Due in 20 $6,000,000. 0%
7.125%  v

Prime Rate

   5.50%^
5.25%
5.00%
4.75%
4.50%
4.25%
3.50%
3.25%


9-26-2018
6-12-2018
3/22/2018
12/14/2017
9/30/2017
10/1/2016
10/1/2015

Fannie Mae
60 Day Rate Delivery 30/30 YR.
   3.34% v
4.54%
4.16%
4.25%
4.28%
4.05%
4.00%
3.58%
6-12-2019
10-11-2018
7-13-2018
6-14-2018
5/15/2018
  4/04/2018 
2/13/2018
12/27/2017

                    Foreclosures
USA HOME FORECLOSURES REPORTED
Foreclosure Filings 2019 - Unknown
Foreclosure Filings in 2018 -602,827 10/12/2018
Foreclosure Filings in 2017 -676,535 12/31/2017
Foreclosure Filings in 2016 -933,045 12/31/2016
RETV.News Research and Development
                             
                
     CURRENT HISTORY 2019
Foreclosure Filings ~ June 2019    413,866   v

Foreclosure Filings ~Sept. 2018     602,827   v
Foreclosure Filings ~ Aug. 2018     617,547   v
Foreclosure Filings ~ July 2018      625,439   v
Foreclosure Filings ~ June 2018     633,332   v
Foreclosure Filings ~ May   2018    640,952   v  
Foreclosure Filings ~ April. 2018    651,979   v


Note: The above figure does not include defaults, auctions and repositions as shown in the annual figures below. These numbers are the best representation of the activity on the banking market
                               ________

     Courtesy of RETV.News 6/12/2019 Update

                           








 

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