Hi to everyone. Here's Bob Franklin from Wells Fargo Home Mortgage with his daily update of mortgage rates. Bob is located in the beautiful city of Pismo Beach California, "Where life is like the Beach Boys' song "Good Vibrations!"
The Week Ahead: Auctions, More Data, Month-End
Today - FED SPEAK: BERNANKE. Pending Home Sales Unexpectedly Fall in February, - 0.5 % vs consensus +1.0 pct, down slightly in February but remain notably above the pattern in the first half of last year.
Tuesday- CONSUMER CONFIDENCE, Forecast: 70.0 vs. Previous: 70.8, FED SPEAK: BERNANKE
Wednesday- DURABLE GOODS Forecast: +3.0 vs. Previous: -3.7
Thursday- GDP (FINAL 4TH QUARTER), Forecast: +3.0 / Previous: +3.0 . INITIAL JOBLESS CLAIMS, Forecast: 350k vs. Previous: 348k
Friday- PERSONAL INCOME, Forecast: +0.4 vs. Previous: +0.3. CONSUMER SENTIMENT, Forecast: 74.6 vs. Previous: 74.3
Dow is trading at 13,210.30 +129.57 , the 10 yr bond is at 2.27% from 2.22% Friday, . Currently mortgages the same from Friday
Conv.- 4.0%
FHA. - 3.75%
Make it a Great Week!!
Bob Franklin
Mortgage Consultant
NMLSR ID 248760
Wells Fargo Home Mortgage | 575 Price St, Suite 105 | Pismo Beach, CA 93449
MAC E2396-011
Tel (805) 550-3395 begin_of_the_skype_highlighting (805) 550-3395 end_of_the_skype_highlighting | Fax (877) 609-0926
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