Brazilian-American Chamber of Commerce of Florida | P.O. Box 310038, Miami, FL 33231
Up-to-date information on the latest financial news. View online.
Brexit Deadline Nears
Overview: Over the past week, news about the British exit from the European Union (Brexit) caused some volatility, but had little net effect. The economic data also had a minor impact, and mortgage rates ended the week nearly unchanged.
After a lack of success for over three years, lawmakers are still racing to agree to a Brexit plan before the scheduled separation date of October 31. The latest proposal was rejected by the British Parliament this week, and there is not enough time to put together a new one before the end of the month. Since neither EU nor UK officials want the uncertainty created by a departure with no deal in place, many analysts expect that another extension to the deadline will be seen.
The latest data from the housing sector contained mixed news. In September, sales of existing homes fell a little more than expected from August, but still were 4% higher than a year ago. The national median existing-home price was up 6% from a year ago. A lack of homes for sale in many regions again held back sales activity. Inventory levels nationally were at a 4.1-month supply and were 3% lower than a year ago.
Regarding future supply, overall housing starts in September fell 9% from August. However, the surprisingly strong reading seen last month was the highest since June 2007, so a significant decline this month had been anticipated. In addition, the weakness was entirely due to volatile multi-family units, while single-family starts increased from August.
European Central Bank meeting
Durable Goods report
New Home Sales report
Third-quarter gross domestic product (GDP)
U.S. Federal Reserve meeting (Investors expect a rate cut of 25 basis points.)
Contact me to discuss how I can help your clients with their mortgage needs.
Share this article:
James P. Anzano
Glendenning Mortgage Corporation
81 E. Water Street
Toms River, NJ 08753
732-240-7227 EMAIL ME Visit my website
This letter is for information purposes only and is not an advertisement to extend customer credit as defined by Section 12 CFR 1026.2 Regulation Z. Program rates, terms and conditions are subject to change at any time. State License Disclosures for Glendenning Mortgage Corporation (NMLS 209086): • Licensed Lender, Delaware Office of the State Bank Commissioner (Lic.# 019170) • Licensed Florida Lender Servicer, Florida Office of Financial Regulation • Licensed Residential Mortgage Lender – Licensed by the New Jersey Department of Banking and Insurance • Licensed Pennsylvania Mortgage Lender, Pennsylvania Department of Banking & Securities
This email was sent by: James P. Anzano, NMLS #209792 Glendenning Mortgage Corporation NMLS #209086 81 E. Water Street Toms River, NJ 08753
From Summit Community Programs: We dare you to venture into the night and join us for some haunting-ly good entertainment and ghoulish goodies at Scream on the Green, a scary spin-off of our summer movie series. Featured movie: Scooby Do Monsters Unleashed. Before the movie, get moving during the Monster Mash Dance Party or warm […]
From Downtown Cranford: It’s back, the biggest downtown event of the year! The 12th Annual Scarecrow Stroll will take place Oct. 16 – 31, with the Night Stroll scheduled for Oct. 18. If you’d like to register for the event, please click here. Registration is free and open to local residents, as well as Cranford […]
From the Whippany Railway Museum: Ride aboard our 10-mile, 45-minute round trip, spooky fun “Halloween Express”. Children of all ages are encouraged to come dressed in their Halloween costumes, helping to make the train a kid-friendly spooky sight. Tricks or Treats will be given out to passengers onboard the trains! All ages are welcome! Trains […]
From Duke Farms: Have some seasonal fun while walking a 1.5-mile loop discovering some of the “spooky” flora and fauna of New Jersey. This family-friendly event focuses on nocturnal and native wildlife. Visit with a wolf, view the night-time sky, learn about our reptiles, and get to know some of the slimy critters that live […]
From Jenkinson’s Boardwalk: Boo at the Boardwalk returns to Jenkinson’s for 2019! Join us on October 19th, 20th, 26th & 27th from 12-4pm each day for Halloween fun for the entire family! Trick-or-Treating, Crafts, Games, Pumpkin Patch, Beach Maze, Underwater Pumpkin Carving, Rides (limited kiddie rides) Perky’s Pumpkin Derby, and so much more! More information.
From Six Flags Great Adventure & Safari: Enjoy thrills and activities for the whole family throughout the day and come back for a truly frightening evening of fun after the sun goes down. Fright Fest offers a wide variety of places to get your scare on including seven haunted mazes and five scare zones located […]
From Historic Smithville: If you love playing dress up with your puppies, or just watching the furry cuteness, this is the event for you! Make sure to check out our Facebook Page for more details and pictures on the event. This event is hosted by Paw Dazzle, a Shoppe in the Village Green that caters to to all […]
From Downtown Westfield: ‘AddamsFest’, celebrating Westfield Native Charles Addams and his creations, is returning to Westfield October 19-20 & October 26-27, 2019 This year, we’ll have two weekends of town-wide festivities. Join us October 19, 20, 26, and 27 as Westfield will be transformed to all things Addams Family with family themed events, movie screenings, […]
From Sea Isle City NJ: The parade will feature live music, strolling entertainers, floats, local organizations and many well-costumed participants will appear. The deadline to register for the Halloween Parade is Wednesday, October 16. The Halloween Family Dance Party and Awards Ceremony will take place at the Excursion Park Band Shell immediately after the parade. […]
From the Cape May Convention Hall: Cape May’s annual Halloween Parade is scheduled for Sunday, October 20, 2019 at 3 p.m. Prior to the parade, trick or treating on the Washington Street Mall will be held from noon to 2 p.m., which is sponsored by the Small Businesses of the Washington Street Mall. Parade registration […]
From Psycho Trail: Come celebrate Halloween by getting spooked at this home haunt. Admission is free but donations are gladly accepted and go towards The Unforgotten Haven, which helps those who are less fortunate. More information.
From Farm of Horrors: Spend 45 minutes making your way through 200+ acres of Fright. It starts with our Hair Raising Hayride that “Scares the YELL out of You”, then we let you off in the middle of nowhere for a Treacherous Trek through the “Trail of Terror.” Then, just when you think you have […]
From the South Orange Village Center: Join us on Thursday, October 31 from 4-6 PM in Spooky Spiotta Park for our annual Halloween Festival. Wanda the Giant Witch will be back again to entertain the kids with music, jokes and games beginning at 4pm. The costume contest will kick off at 5pm with gifts for all the kids and […]
From the Maplewood Chamber of Commerce: Ghosts, goblins and witches will be roaming Maplewood Village along Maplewood Avenue at the Annual Halloween Costume Contest on Thursday, October 31st from 3:00 pm to 5:00 pm. The festivities include trick or treating, music and dancing and prizes for best costumes. Special thanks to the Village Merchants for […]
From The Red Mill Museum Village: Set in a historical wool mill from 1810 that now hosts a museum, the Haunted Village has been providing scares to tri-state residents for 29 years. The mill is transformed into 3 stories of twists and turns, never knowing what kind of ghouls and zombies you’ll encounter with your next […]