Colorado Springs Properties - Economy today

Recent data point to recession. Extremely light data flows in the week ahead will provide little to further the outlook. Pricing pressures and interest rates are expected to ease during the downturn. In my opinion, Colorado Springs is not feeling the turbulence as much as some other cities. Check out some of my great Colorado Real Estate buys at http://www.KathyStenberg.com.

Key Interest Rates Latest 6 Mos Ago 1 Yr Ago Prime Rate 4.50% 5.25% 7.75% Fed Discount 1.75 2.50 5.25 Fed Funds 1.50 2.34 4.74 11th District COF 2.693 3.560 4.359 10-Year Note 3.92 3.67 4.57 30-Year Treasury Bond 4.31 4.47 4.82 30-Yr Fixed (FHLMC) 6.46 5.88 6.40 15-Yr Fixed (FHLMC) 6.14 5.40 6.08 1-Yr Adj (FHLMC) 5.16 5.10 5.76 6-Mo Libor (FNMA) 3.98125 2.61438 5.13250 Sources: IBC' s Money Fund Report; Bank Rate Monitor; Federal Home Loan Bank of San Francisco