The Real Estate Life, a California Excellence Award recipient is all about Your Real Estate Life. Education to interest rates, guidelines to programs. The economy is active, the Fed raised at the end of 2015 and oil breaking $50.00 and after Brexit and a pending Election...Is this enough to move? What does this mean for mortgage rates as we head to the finish line for 2016? Will the Fed take action in 2016? Do not miss your chance to secure Your Real Estate Life. Your Lender or Landlord Loves You...You Do Not Need That Kind Of Love In Your Life! Save time and money today on your purchase or refinance by having the right interest rate for you and your family.
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Thursday October 27, 2016
Static Quote FNMA 30 Year 3.00% 102.84 -35 bps - Daily Market Trend
Gross Domestic Product (GDP) has been running well below normal this year. Friday's reading will tell if this trend continues. We will also hear from many of the Fed members starting on Monday.
Housing data were plentiful this week with the S&P/Case-Shiller Home Price Index on Tuesday, New Home Sales on Wednesday and Pending Home Sales on Thursday. Consumer Confidence and the Consumer Sentiment Index were released on Tuesday and Friday, respectively. Durable Goods Orders and weekly Initial Jobless Claims were reported on Thursday. On Friday, the first look at third quarter Gross Domestic Product will be reported along with the Employment Cost Index.
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