Danny Salas

Archive for March 17th, 2010

Chico, CA Interest Rates Market Report – Economic Influences – March 17, 2010

Happy St. Patrick’s Day

YOU DON’T WANT TO MISS THIS EVENT!!!

Scott St. John will be speaking at The Big Room At Sierra NevadaThe , Friday, March 26, 2010.  Scott is a 3rd-Term Governing Board Member of Freddie Mac.  You’ll have an opportunity to inquire into expected economic future of the United States, Real Estate and its REO future, and what’s happening behind the scenes that is making closing loans to more timely and difficult, these days.   REGISTER AT THE CHICO OR PARADISE BOARD OFFICES.  $10 includes appetizers.  $15.00 AT THE DOOR!

Lowest Rates In Three Months

The Mortgage Bankers Association reported that mortage applications fell by 1.9%, last week, even though we’ve experienced the lowest interest rates in three months.  That’s right!  Rates have not been this low since last December. 

Producer Price Index

The low inflationary reading was shrugged by investors, as anticipation that over the course of the next few months, that the price of gasoline will have a negative effect on the Producer Price Index. 

Floating Would Be Fine...

Locking Advice

I’d be taking advantage of these incredibly low interest rates.  We have quite a strong layer of support, however, why take chances, on such beautiful interest rates.  See our interest rate tracker on the front page of www.accessloans.net 

Related Must Reads

What’s The Big Room, at Sierra Nevada?
Knowledge is Power…Ask Freddie Mac Your Own Personal Question

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