Tuesday, June 28, 2016

Investor Disaster and Appraisal Updates; Do Election Years Impact The Economy?

Posted To: Pipeline Press

How could it have been 30 years since everyone was watching “Top Gun” in the theaters? Yes, time flies, and before you know it, well, you’re old. Where’s the best place to be a reverse mortgage originator? I guess some place where older people want to stay put. The nation’s only county with a majority of the population age 65 or older remains Sumter, Fla., where 55% had reached retirement age and had a median age of nearly 67 years on July 1, 2015. The world is focused on Europe and Brexit, but recently Wells Fargo's economic team wondered, " Does U.S. economic activity slow in election years? " It has been well documented that the stock market is affected by who is newly elected. When Obama took office in 2009, the S&P 500 and the NASDAQ fell around 5% the...(read more)
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from Mortgage News Daily http://ift.tt/294NrzO

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