Last Post 65 days, 17 hours Ago
My Blogging regarding my opinion!
Inflation Newsmaker last week, it appears that news coming in the next week will be focused on the housing market, as both New and Existing Home Sales Reports will be released. I don't exspect to see much change in the continued sluggishness in the nation's overall real estate housing market.
Stats coming out regarding Durable Goods Orders, which is a measure of how many "durable" or non-disposable goods have been purchased during the previous month or month's.
Products which are expected to last longer than three years, such as TV'S, Furniture,Office equipment, and Cars.
Consumables like food and energy are taking such a toll on consumers pocket books.
How are consumers feeling? Positive - or not - about their current and future economic conditions.
Keep in mind that its my understanding when Bond prices move higher, home loan rates move lower...and vice versa.
This week, Bond prices took a steep dive, causing home loan rates to worsen.
Is this weeks Bond market going to be friendly? Bond prices could continue lower, and cause home loan rates to worsen ...but negative economic news could pull money out of Stocks and into Bonds, give Bonds an upward boost , and help home loan rates .
This information is not to be taken as Advice these are only my opinions!
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