Where Are Interest Rates This Week

Where Are Interest Rates This Week

Where Are Interest Rates This Week - chakits krulsawat

Where Are Interest Rates This Week? 

Mortgage bond price finished the week lower which pushed rates higher and stock volatility dominated headlines. Higher stock put selling pressure on mortgage bonds Tuesdays when trading resumed after the extended holiday weekend. 

Weekly job claims were 275k as expected. The core, which excludes volatile food and energy, rose 0.3% versus the expected 0.1% increase. 

Fed Turning Point:

In 2008 the world was quaking, the federal reserve came to the rescue of the global banking and financial system. Through a series of rate cuts and bind buying sprees, the governing body kept the financial system from imploding. Seven years later most of the metrics the FED is worried about have healed and it is time to move the next chapter. 

Global traders will stay awake this fall and winter guessing when the FED will make it first move to tighten interest rates. Floating borrowers and referral source need to understand how the important the FED meeting are in terms of potential volatility. 

We may not see a rate hike at the meeting this week but volatility is likely and the mortgage rates finished the week worse by about 1/8 of a discount point. 

Written By: Chakits Krulsawat 

Chakits Krulsawat Headshot
Phone: 702-319-1092
Dated: October 8th 2015
Views: 345
About Chakits: Chakits Krulsawat jumped into the Las Vegas Real Estate scene in 2009. Having negotiated over $20 mi...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Strada 3 By Tri Pointe At Inspirada Henderson Nevada - Strada 3 By Tri Pointe At
Blue Heron Zenith At Obsidian - Blue Heron Zenith At Obsidian 7
Toll Brothers At Inspriada Castano Cresta - Toll Brothers | Master Plan
Lusitano Ranch Toll Brothers The Stratford Las Vegas Nevada - Lusitano Ranch Toll Brothers The

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Homes For Sale In Henderson & Las Vegas, Nevada
1780 Horizon Ridge Pkwy # 100
Henderson, NV

Other Locations