San Luis Obispo Real Estate Mortgage Rates 12-20-13 Rates Are Up!!!
The Day Ahead: GDP
Yesterday, the MBS tanked early, pretty scary for a bit, but eventually calmed down.Treasuries were weaker out of the gate, but perfectly flat all day, it appears that the Post-Taper fate is being accepted by the markets. Today, RealGDP growth unexpectedly was revised up sharply. But this time demand numbers were bumped up and the inventory number was little revised. Real GDP was revised up to 4.1 percent annualized, compared to the 3.6 percent second estimate and 2.5 percent in the second quarter. The upward revision was largely due stronger PCEs growth, a boost in the estimate for intellectual property, slightly higher exports, and slightly lower imports.
Dow is trading at 16,244 +65 the 10 yr bond is at 2.91 from 2.92Yesterday, Currently point structure isslightly lowerfrom Yesterday
Conv. – 4.5%
FHA. – 4.25%
Jumbo – 4.0%
Have a Great Weekend!!!
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