See our web site at www.myslohomefinder.com for all your SLO County real estate needs!
Rising mortgage rates together with rising home prices are cutting into sales of existing homes, according to the National Association of Realtors (NAR) whose Pending Home Sales index for June is down 0.4 percent.
Tuesday: FOMC meeting begins,
Wednesday: GDP. Prior, 1.8% Consensus 1.1%. FOMC Meeting Announcement
Thursday:Jobless Claims, Prior, 343K Consensus, 345K. ISM Mfg Index, Prior, 50.9 Consensus, 53.1
Friday:Nonfarm Payrolls, Prior, 195,000 Consensus, 175,000. Unemployment Rate, Prior, 7.6% Consensus 7.5%. Personal Income, Prior, 0.5% Consensus 0.4%. Consumer Spending, Prior, 0.3% Consensus 0.4%.Factory Orders, Prior, 2.1% Consensus 2.3%.
Dow is trading at 15,495 -63 the 10 yr bond is at 2.58 from 2.56 Friday, . Currently point structure isSlightly HigherfromFriday
Conv. – 4.25%
FHA. _ 4.125%
Have a great day!
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