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Florida Mortgage News Update - 04/24/09 11:24 PM
Today the retail sales for February fell 0.1%, however, this was a bit better than expectations of a 0.5% drop. Adding to the positive tone was a significant upward revision to January’s Report to 1.8% from a previous number of 1%. Retail Sales is a very volatile Report on a month to month basis, but the last couple of readings are encouraging - perhaps showing some signs of economic stabilization. We encourage now is a very good time for a Florida Refinancing. One area of the economy that continues to struggle is the Job market…654,000 filed for Initial Jobless claims this
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Michael Tadros
Saint Petersburg,
FL
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Florida Mortgage
Office Phone: (888) 595-7339
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