Freddie Mac Mortgage Rates

http://www.freddiemac.com/

Financial Market Update

This Week: Treasury will auction $72B of notes and bonds beginning Tuesday through Thursday. Economic data is rather sparse this week, most attention will be on how equity markets perform and the demand for US treasuries at the auctions. Monday morning likely will be quiet with stock indexes directing the bond and mortgage markets. The 10 yr note continues to trade under 2.00% but not likely to fall much more unless the situation in Europe deteriorates further. No progress over the Greek debt talks, it never seems to draw to a conclusion. Last week the employment data for Jan and the two ISM indexes were all better than forecasts, and to some extent refutes what the fed has been saying about the economic improvement. Interest rates will remain low as the fed wants but at present levels we do not see much more decline with the 10 yr finding strong resistance when is falls to 1.80% (currently 1.92%).

TBWS

Groundhog Day 2012

Discovery.com - February 2, 2012

"Punxsutawney Phil"

And the verdict from Punxsutawney Phil after seeing his shadow this morning during the 126th annual Groundhog Day festivities is: six more weeks of winter!

Ah, Groundhog Day. This U.S. and Canadian tradition comes every year on Feb. 2. It has its roots in astronomy, in the sense that it’s a seasonal festival, tied to the movement of Earth around the sun. In the U.S. and Canada, we call it Groundhog Day – a great excuse to go outside and enjoy some revelry during the winter months.

February 2012 San Diego Events

February 3
Fun Friday Nites

Parents can have a “date night” while children enjoy a night of games, crafts, pizza and movies with friends at the San Elijo Recreation Center. Program is supervised by trained recreation leaders. For ages: 4-12 years. Cost: $20/child; $5 sibling discount.

Time: 6:00 pm - 10:00 pm
Location: San Elijo Recreation Center, 1105 Elfin Forest Rd, San Marcos
 

February 4
El Cajon Ford Youth Fishing Derby
 
Poway’s annual Youth Fishing Derby for ages 15 and under. Fishing begins shortly after 6:00 am and continues until noon, followed by a free barbecue lunch. The awards ceremony and raffle drawing will begin at approximately 1:00 pm. Prizes will be awarded to age division winners, raffle ticket winners, and to the kid with the ...