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Monday Mortgage Rate Update For 2/11/2013 Low Rates Are Going Away?

By
Real Estate Agent with Premier Agent Network

I hope everyone had a great weekend!  I have been crunching the numbers for inflation and how it ties in with the housing market.  I see inflation on the horizon and we're even seeing higher inflation right here and right now.  Just look at the real estate market and how it has changed.  Prices are rising and demand is rising!

Go to my web site at www.myslohomefinder.com for your San Luis Obispo County home search needs.

The Week Ahead: Sparse Calendar
        No Significant Data Scheduled for today.
 
Tuesday: U.S. Treasury monthly budget report, Prior, $-0.3 B, consensus, $-2.0 B
Wednesday: Retail Sales, Prior, 0.5 %, consensus, 0.1 %. Import Prices, Prior, -0.1 %, consensus, 0.8 %.Export Prices,Prior, -0.1 %, consensus, 0.3 %.
Thursday: Jobless Claims,Prior, 366K, consensus, 360K.
Friday: Empire State Mfg Survey, Prior, -7.8 %, consensus, -1.75 %. Industrial Production, Prior, 0.2 %, consensus, 0.3 %. Consumer Sentiment,Prior, 73.8, consensus, 75.0
 
Dow is trading at 13,976-16.87 the 10 yr bond is at 1.96 from 1.98 Friday, . Currently mortgages areworse from Friday
 
Conv. - 3.625%
FHA. -  3.25%          
 
I hope you all have a great weekend!
 
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