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The ARAMCO Report

Author: Mehran Aram

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The Aramco Group specializes in an array of mortgage and real estate products for San Diego homeowners. The Aramco Team is committed to providing our clients with the highest quality financial services and advice, and is motivated more than anything by complete customer satisfaction as evidenced by our A+ rating with the BBB.

Whether you are purchasing your dream home, refinancing your current loan, benefitting from a reverse mortgage, or consolidating debt, our professional staff will help you find a financial solution that is tailored specifically to meet your needs. Being a family owned and operated firm since Aramco’s establishment in the 90’s we ask you to trust your family’s finances to our family, at The Aramco Group.
127 Episodes
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ARAMCO's President & CEO, Mehran Aram, discusses with Radio host Mark Carbonaro from Monterey's PowerTalk 1460 the current climate in the housing and commercial real estate industry and how it's being affected by the global pandemic.
Happy 4th of July!

Happy 4th of July!

2020-07-0409:45

Happy Independence Day! You can listen to veteran Jerry Coleman reading the Declaration of Independence
Housing Starts were up in May nearly 5% thanks in part to construction workers returning to employment following the Covid-19 outbreak. Meanwhile mortgage applications had another strong weak buoyed by mortgage rates reaching a new all-time low.
The housing market is holding fairly well in spite of the setback of the pandemic with mortgage rates reach fresh record lows making it an ideal time to refinance and lower monthly mortgage payments.
The stock market has improved after taking a hit due to the pandemic back in March. Meanwhile, mortgage rates are still hovering near all-time lows.
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