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Volatility – What Does It Mean?

January 15, 2019

Last year was very interesting. The previous year we had great gains in the stock markets and enjoyed lower interest rates. We began 2018 with even more stock gains, fueled by a significant corporate tax cut. But the boost to the economy at a time when we were already at low employment levels caused interest rates to rise throughout the majority of 2018. There is no doubt that lower interest rates played a big part in the robust stock market rebound we have witnessed in the past decade.

The Dow fell below 7,300 in March of 2009. It topped 26,000 in 2018. That is a spectacular gain. Even if you measure it from the “top” of just over 14,000 before the recession, that is a solid gain. Thus, when you look at the drop of just over 6.0% for 2018, that seems like a drop in the bucket. But what has many concerned is the increased volatility we have witnessed over the last few months.

Stocks did not move back in a straight line. They had quite a roller coaster ride. There were several factors which seemed to cause market jitters in addition to rising interest rates. These included trade skirmishes, some economies slowing down overseas and waning stimulus from the tax cut. But certainly, interest rates were a big part of the concern. Which is why the end of 2018 was very interesting. Oil prices and interest rates pulled back with stocks. So we wonder, if the rise in rates were halted for now, would that give the markets more confidence? It looks like the start to 2019 will be interesting as well. 

Source: Origination Pro

real-estate-forecast-2019
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Searching for a home loan or business loan for a commercial property in Queens, Brooklyn or NYC NY?  Amerimutual Mortgage  is a local business that is owned and operated by two brothers who are proud to make a difference helping their community in Astoria NY.  By matching home buyers with the right mortgage products for their needs, Benny and Phil Loria provide vital loan lending services to the real estate community of New York City.   Amerimutual Mortgage provides home loans for residential properties and commercial loans for business men and women who might be buying buildings, warehouses or retail store locations.   They also provide loans for real estate investors who may be buying multi-family duplex, triplex, quad, or high-rise apartment building.  Call Benny Loria at (718) 943-9200 to discuss your options for residential or commercial real estate loans, or assessing value and returns on real estate investment property in New York City and surrounding boroughs of Queens NY, Brooklyn NY, Staten Island NY, Bronx NY.  Or, you can even apply for a mortgage online.

Queens NY Mortgage Broker

Benny Loria

Benny Loria, Esq.

Benny Loria, Vice President (NMLS#: 900146)

718-943-9200 Ext. 115

bloria@amerimutualmortgage.com

Amerimutual Mortgage

Local neighborhood mortgage loan experts.  We live and work in Astoria, Queens NY and are dedicated to seeing our community grow and prosper.

AMERIMUTUAL MORTGAGE (NMLS# 148447) Address: 18-33 41st Street, 2nd Floor, Astoria, NY 11105   Tel: (718) 943-9200   Fax: (718) 204 – 0657

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Testimonials

Eli N

Benny and Phil were great to work with! they assisted us in every aspect of the process even when it wasn’t their job. They explained every step and guided/advised us on the best course of action. Their fees were more than fair and their integrity was at a level far above ANY lawyer or mortgage broker we have ever dealt with.

Joe D.

Philip Loria made the mortgage process quick and easy, and also found ways to save us money. He was always on top of things, very accessible, and his communication is top notch. I will recommend Philip Loria and Amerimutual Mortgage highly to any of my friends, family or colleagues.

Joe D. Long Island, NY
Ninfa Brusca

Philip and Benny Loria were very knowledgeable and professional. They exceeded all our expectations and were a pleasure to work with. They were both were just genuinely nice guys. They listened to all our concerns and did everything in their power to accommodate our needs and make feel comfortable throughout the whole mortgage process. I recommend Amerimutual Mortgage to anyone who is looking for a mortgage.

Ninfa Brusca Tuckahoe, NY
Lenny P., Occupation: Real Estate Development

Richard, I wanted to thank you for all your help and hard work. I am so glad our refinance was a success. You were very diligent and dedicated to getting me the best rate possible. I truly enjoyed working with you and will recommend your services to all our friends and family.

Lenny P., Rye, New York
Nick Tsatsaronis

Philip Loria, assisted me with my refinance. Thank you so much for all of your time and hard work. You made refinancing my house easy and stress free. I wouldn’t recommend anyone else. I will definitely use Amerimutual Mortgage for any future needs, and recommend them to anyone who needs a mortgage.

Nick Tsatsaronis Flushing, NY
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