Colorado Springs Properties - Economics

WEEK IN ADVANCE

A full economic calendar in the coming week yields the latest data on the consumer, manufacturing, housing and third-quarter GDP. Midweek, the Fed will decide on monetary policy. Expectations are for an additional half-point rate cut after the emergency half-point easing earlier this month to help counter escalating economic weakness. The Treasury will also hold its regular monthly auctions of 2-year and 5-year notes in larger offering sizes than previously to help finance the bailout package and fund other lending facilities. Large amounts of new supply in the bond market typically lower prices and raise yields. Colorado Springs Properties are abundant! Click here to check out my website.

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 2.25 4.73 11th District COF 2.693 3.560 4.359 10-Year Note 3.68 3.81 4.39 30-Year Treasury Bond 4.06 4.52 4.67 30-Yr Fixed (FHLMC) 6.04 6.03 6.33 15-Yr Fixed (FHLMC) 5.72 5.62 5.99 1-Yr Adj (FHLMC) 5.23 5.29 5.66 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