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The Week in Review:

Overall, the Treasury auctions went better than expected and home loan rates moved downward.  On the week, home loan rates improved about .125%.

What to expect:

This week we get several big economic reports to review.  Monday we see the ISM Index which is a snapshot of how the manufacturing sector is doing.  Then, at the end of the week, we receive the all-important jobs report.

Also, the Fed meets this week and announces the Fed Rate Decision on Wednesday.  No changes to rates are expected, but hints about future actions can always move the market.

Breg-ometer:

Next 7 Days: No significant changes

Next 30 Days: Still in the same general range

Next 90 Days: Rates increasing

Courtesy of:

Bob Bregitzer

Southeast Mortgage

Update: The VBA will hold their November 3rd, 2009 luncheon at Social Vinings, 3621 Vinings Slope Dr, Atlanta, GA 30339, which is just off of Paces Ferry Road in Vinings.

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RSVP by sending an email with the total number of attendees (including yourself) to eventreg@vbaga.org to be guaranteed a meal with admission.

You may also call 770-874-5629 option 7 to RSVP by phone.

The Vinings Business Association luncheons are a great opportunity for Vinings businesses to network, share and learn. The VBA strives to provide a great atmosphere and excellent speakers.

Only cash or checks (payable to the Vinings Business Association) are accepted at the door. Member Admission is $15 and Non-member admission is $20.

[where: 30339)