Danny Salas

Chico, CA Interest Rates Market Report – Economic Influences – November 20, 2009

No News Day

There are no economic reports to discuss today.  No news means that bonds will likely take the opposite direction of Stocks.  It’s the third consecutive day that Stocks are falling, so Bonds should fall…therefore have higher yields, therefore higher rates.  But it’s a close call, as Bonds have remained at high levels, giving us excellent interest rates this past week.  I would lock, however, as it doesn’t get any better than this.

To See Rates

Just click on the blog and go about half-way down the page, on the left hand side, as you’ll see the US Average Rates…24/7!

Recond Treasury Note Auction

Next week, we’ll see a Record Auction of Treasuries…AGAIN!  I’ll report on this, probably Tuesday!  I’m off to Austin, Texas for the weekend to see a friend get married!  Have an excellent weekend and if you don’t hear from me Monday…you will on Tuesday!

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This entry was posted on Friday, November 20th, 2009 at 10:58 am and is filed under Chico Home Loans, Home Buying, Interest Rates, Weekly Market Report. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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