Welcome back!

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

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This entry was posted on Tuesday, November 3rd, 2009 at 9:50 am and is filed under Mortgages, Smyrna Vinings Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.