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Economic Update - April 14, 2014

Published on: 04/14/2014

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending April 4 fell 1.6% from the previous week. Purchase volume rose 3%. Continue Reading »

Economic Update - April 7, 2014

Published on: 04/07/2014

Total construction spending rose 0.1% to $945.7 billion in February. Compared to February 2013, construction spending has risen 8.7% on a year-over-year basis. Continue Reading »

Mind Your Money - How to Start a Simple Budget

Published on: 04/04/2014

A budget is integral for healthy finances, but it can be a daunting undertaking. Follow these simple steps to create a strategy that helps you see where you are spending money and how you can meet ... Continue Reading »

Economic Update - March 31, 2014

Published on: 03/31/2014

The Standard & Poor's/Case-Shiller 20-city housing price index — on a non-seasonally adjusted basis — fell 0.1% in January after a 0.1% decrease in December. On a year-over-year basis, prices rose ... Continue Reading »

Press Release - Prospect Holding Company to Hold Bond Investor Call

Published on: 03/27/2014

Prospect Holding Company, LLC will report financial results for the quarter ended December 31, 2013 on a bond investor call to be held Tuesday, April 8 at 8:00 am PT, 11:00 am ET for one hour. Continue Reading »

Economic Update - February 17, 2014

Published on: 03/17/2014

Retail sales fell 0.4% to $427.8 billion in January. This follows a revised 0.1% decrease in December. Compared to a year ago, January retail sales have increased 2.6%. Continue Reading »

Special Edition - Happy St. Patrick's Day!

Published on: 03/14/2014

St. Patrick's Day is much about parades, “wearing the green” and enjoying corned beef and cabbage. It’s also about St. Patrick, who was born in the late fourth century in Wales. Continue Reading »

Economic Update - March 10, 2014

Published on: 03/10/2014

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending February 28 rose 9.4% from the previous week. Purchase volume rose 9%. ... Continue Reading »

Homeline - Go Solar

Published on: 03/07/2014

A new rooftop solar installation is completed every four minutes and rooftop solar systems now account for two-thirds of solar installations in the U.S. Continue Reading »

Economic Update - March 3, 2014

Published on: 03/03/2014

New home sales rose 9.6% in January to a seasonally adjusted annual rate of 468,000 units, the highest level since July 2008. Continue Reading »

Economic Update - February 24, 2014

Published on: 02/24/2014

The monthly National Association of Home Builders/Wells Fargo housing market index fell 10 points in February to 46. An index reading below 50 indicates negative sentiment about the housing market. ... Continue Reading »

Press Release - Prospect Mortgage Launches Texas Builder Division

Published on: 02/20/2014

Prospect Mortgage, LLC has launched a new Builder Division in Texas focused on mortgage products for new home construction. Prospect’s Texas Builder Division will be located in the Company’s 30,000 ... Continue Reading »

Economic Update - February 17, 2014

Published on: 02/17/2014

Retail sales fell 0.4% to $427.8 billion in January. This follows a revised 0.1% decrease in December. Compared to a year ago, January retail sales have increased 2.6%. Continue Reading »

Special Edition - Celebrate Presidents Day!

Published on: 02/14/2014

To commemorate Presidents Day, the U.S. Census Bureau recently pulled information from its geographic database to determine the most popular place names... Continue Reading »

Economic Update - February 10, 2014

Published on: 02/10/2014

Total construction spending rose 0.1% to $930.5 billion in December. Compared to December 2012, construction spending has risen 5.3% on a year-over-year basis. Continue Reading »

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