It looks to me like rates are creeping up! Is inflation coming back? If anyone is on the fence, they need to get that refi or purchase going!
See my web site for all your San Luis Obispo home needs www.myslohomefinder.com
The Day Ahead: Nothing exciting
The U.S. trade balance in November widened sharply even as exports gained. Imports surged with new iPhones playing a key role. The trade deficit expanded to $48.7 billion from $42.1 billion in October.Import prices continue to remain very soft, down 0.1 percent in December for a minus 1.5 percent year-on-year rate.The Export Prices are more of the same with total prices down 0.1 percent following a 0.7 percent decline in the prior month.
Dow is trading at 13,469-2.82, the 10 yr bond is at 1.91 from 1.90 Yesterday, . Currently mortgages areslightly worse from Yesterday
Conv. - 3.5%
FHA. - 3.25%
Enjoy the weekend! Have some great open houses!
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