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Economy

Senator Scott Wilk’s Hemp Bill Clears Committee On Agriculture

Senator Scott Wilk, R-Santa Clarita, announced Monday that his bill aimed at adjusting state hemp regulations unanimously passed the Senate Committee on Agriculture. Senate Bill 153 (SB 153) seeks to bring California’s hemp industry regulations in line with federal requirements, according to officials. “I am very pleased to see SB 153 moving with bipartisan support,” Wilk said. “Industrial hemp is ...

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5 Reverse Mortgage Requirements To Get Approved

Home - Real Estate

There are many benefits of reverse mortgages for retired persons. A reverse mortgage is a loan in which a homeowner receives a loan off the equity in their property. The nice piece is the borrower doesn’t pay a monthly fee on the loan or the interest. The loan and interest are repaid when the borrower dies or sells their house ...

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Santa Clarita Economy Reaches ‘Golden Age’ Due To Filming, Technology Business

The Santa Clarita economy has reached new heights with a booming technology sector and a rise in filming, according to presentations by economists at the yearly Economic Outlook conference. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. The Santa Clarita Valley Economic Development Corporation (SCVEDC) hosted approximately 400 business leaders and residents at an ...

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American Family Funding: Update On Santa Clarita Mortgages – January 19, 2018

Santa Clarita Real Estate & Market News

Jobless claims plunged to the lowest level since 1973 this week, the biggest drop since April 2009. Labor market strength can pressure rates higher. According to a recently released Fed report, the economy and inflation expanded at a modest-to-moderate pace from November to the end of 2017. Inflation, which pressures interest rates to move higher, is not increasing across the ...

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American Family Funding: Update On Santa Clarita Mortgages – October 27, 2017

American family funding, housing Market Update, Santa Clarita mortgages, home loans santa clarita

Stocks continue to hit new highs, driven by optimism over new tax regulations and a spurred economy. The rally is putting pressure on rates to move higher. By: Fred Arnold | American Family Funding The European Central Bank is extending their economic stimulus into 2018 but will reduce the amounts. Overall the news was positive for bonds and rates. The ...

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