Financial Update by Maurice Soussé

Rates are pretty flat from last week with no major changes. I expect rates to start rising a bit as the economy and unemployment numbers begin to get better. The employment data released today shows that the number of people seeking unemployment compensation decreased, but overall job growth remains modest. The 10 year treasury bill continues to hover at 1.84% and the government is still buying mortgage backed securities by the $ billions!

In the meantime, take a look at our fixed 30 year rates. They are still at all time lows.

Our quote this week is from Yannick Noah who said “I believe in Karma. If the good is sown, the good is collected. When positive things are made, that returns well.”

Rates, 12513, The Sousse Group, Luxury Irvine Condos, Newport Beach Homes for Sale