American Family Funding, a mortgage lender in Santa Clarita, is explaining the recent drop in the federal fund rate to almost zero, along with two other changes made by the Federal Reserve. When the coronavirus pandemic began ramping up in the United States in March, the Federal Reserve reduced the federal fund rate to between zero and a quarter percent, ...

Host: Matt Watson Co-Host: Amber Raskin, Founder & Executive Director of iLEAD Schools Topic: Hitting Our Stride Guests: Superintendent of the Newhall School District, Jeff Pelzel;  Santa Clarita Mayor, Cameron Smyth; Fred Arnold, Mortgage Banker; Kristina de Bree, MA, LMFT, EMDR Click Here to Listen! Right Click Here to Download! Hitting Our Stride — April 7, 2020 On this episode of Eye On The Valley ...

In 1997, Jennifer Kennedy found out that she had breast cancer. Today, she is battling for her life for the fourth time. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. “At 32 I was scared,” said Kennedy. “I had just gotten married and I didn’t know if I was going to be able to ...

The Santa Clarita Valley Chamber of Commerce hosted the 8th annual Patriots Luncheon Thursday to honor veterans living in Santa Clarita. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. California Secretary of Veterans Affairs Vito Imbasciani honored the veterans involved in Santa Clarita’s business community at this year’s luncheon. “What an honor to present ...

The consumer price index, which measures inflation, was slightly lower than expected in April. Lack of inflationary pressure helps keep rates lower. The producer price index was also a bit lower than April’s forecast, another sign of lower inflation pressure. Prices rose 0.1% instead of the expected 0.3%. Oil prices continue to rise, hitting the highest levels since 2014. Increasing ...

Concerns over inflation and a spike in Treasury yields drove rates up this week. The 10-yr Treasury broke the 3% yield mark for the first time since 2014. While inflation is growing domestically, lack of inflation is still a concern overseas. The ECB is continuing economic stimulus, helping to keep rates lower here. Consumer confidence rebounded in April, pointing to ...

American Family Funding in Santa Clarita has forged partnerships with a number of credit unions throughout Southern California to help members achieve their dreams of home ownership and refinancing. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. “In Southern California, we’re partnered up with about eight credit unions, and we really want to help ...

Factory activity slowed in March, but growth in the manufacturing sector is still going strong. More companies showed signs of expanding than shrinking. By: Fred Arnold | American Family Funding Tariffs on goods from China continued to dominate the headlines this week. Trade war concerns have helped keep mortgage rates from rising. Jobless claims were up on the week, but ...

As expected, the Fed raised policy rates at this week’s meeting. While they alluded to only two more hikes this year, rising inflation could necessitate more. The institution of tariffs, most recently against China, can contribute to rising inflation by limiting free markets. Inflation fuels rising interest and mortgage rates. After rising quickly early in the year, mortgage rates have ...

At American Family Funding, Mortgage Advisor and Operations Manager Dave Cantrell is talking about how important it is for residents to choose the right lender for their Santa Clarita mortgages. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. “Choosing the right lender is of utmost importance, because you want to make sure that you’re ...