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Nova Home Loans
  
Provided to you Exclusively By Nova Home Loans
By
  
 
Lini Burton
Nova Home Loans
E-Mail: info@novahomeloans.com
Website: www.novahomeloans.com
 
Lini Burton
  
For the week of Dec 01, 2008 --- Vol. 6, Issue 49
Last Week in Review

I hope you enjoyed a wonderful Thanksgiving weekend with friends and family. I certainly have much to be thankful for, including many wonderful clients and friends like you.

As your Trusted Advisor, I sincerely hope you've been enjoying your complimentary subscription to The Mortgage Market Guide Weekly. Your next full issue will arrive "hot off the press" next week. In the meantime, check out the scoop below on what really causes that tired and sluggish feeling after a holiday meal! And you might be surprised that it isn't the turkey after all!

The Mortgage Market Guide Weekly is the industry's leading publication of this type, and I'm pleased to provide this valuable resource to you. If you feel that any of your clients, friends, family members or associates would benefit from keeping up-to-date on market and economic trends with this easy-to-read format, please let me know, and I will be happy to add them free of charge.

Best wishes to you, and please feel free to contact me if I can be of any assistance to you at this time!
The Mortgage Market View...

Does Turkey Really Make You Tired?

Here's how the story goes. Turkey contains tryptophan...which helps the body produce niacin...which then helps produce serotonin. And Serotonin is the key to this theory because it calms the brain and induces sleep.

The problem with that theory is that tryptophan actually works best on an empty stomach--which most of us don't have after our Thanksgiving feast! So, it's more likely that the heaviness and the high carbohydrate content of the entire Thanksgiving meal are responsible for that sense of lethargy you feel, as your body works to digest it all. Add a glass of wine or alcohol to your meal, and you'll increase that sense of sleepiness even more.

Then again, we all work hard throughout the year, so maybe that tired sensation is just your body requesting a well-deserved nap! May your holiday season be a joyful one...and go ahead and enjoy that nap if you want one!
The Week's Economic Indicator Calendar
Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.

Economic Calendar for the Week of December 01 – December 05

Date
ET
Economic Report
For
Estimate
Actual
Prior
Impact
Mon. December 01
10:00
 ISM Index
Nov
38.0
36.2
38.9
HIGH
Wed. December 03
08:15
 ADP National Employment Report
Nov
-200K
-250K
-179K
HIGH
Wed. December 03
08:30
 Productivity
Q3
0.9%
1.3%
1.1%
Moderate
Wed. December 03
10:00
 ISM Services Index
Nov
42.6
37.3
44.4
Moderate
Wed. December 03
02:00
 Beige Book
 
 
 
 
Moderate
Thu. December 04
08:30
 Jobless Claims (Initial)
11/29
525K
509K
530K
Moderate
Fri. December 05
08:30
 Hourly Earnings
Nov
0.2%
 
0.2%
HIGH
Fri. December 05
08:30
 Non-farm Payrolls
Nov
-300K
 
-240K
HIGH
Fri. December 05
08:30
 Unemployment Rate
Nov
6.8%
 
6.5%
HIGH
Fri. December 05
08:30
 Average Work Week
Nov
33.6
 
33.6
HIGH

The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is not without errors.

As your trusted advisor, I am sending you the MMG WEEKLY because I am committed to keeping you updated on the economic events that impact interest rates and how they may affect you.

In the unlikely event that you no longer wish to receive these valuable market updates, please USE THIS LINK or email: lini@novahomeloans.com

If you prefer to send your removal request by mail the address is:

Lini Burton
6245 E. Broadway Blvd.
Suite 400
Tucson, AZ 85711

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