Throughout August
Del Mar Racing Season
Hold on to your horse hat…the Del Mar Horse Racing Season is in full swing!
Time: Refer to website for full schedule
Location: Del Mar Fairgrounds, 2260 Jimmy Durante Blvd., Del Mar For more information visit www.delmarracing.com |
|
August 4
58th Annual Balboa Park 8-Mile & 3-Mile Runs Choose between an 8-mile run or a shorter 3-mile run. The courses travel through... |
August 2012 San Diego Events
30-year mortgage rate falls to record 3.56%
NEW YORK (CNNMoney) -- Mortgage rates on 30-year and 15-year fixed-rate mortgages fell to historic lows once again this week, according to mortgage giant Freddie Mac.
The rate for a 30-year mortgage fell to 3.56%, down from 3.62% last week, Freddie Mac (FRE) said in its weekly report. The 30-year fixed rate has matched or hit a new low for 11 of the past 12 weeks. Last year, the 30-year fixed rate stood at 4.51%.
Meanwhile, the 15-year fixed rate fell to 2.86%, down from 2.89% last week, Freddie Mac said. A year ago, the rate was 3.65%.
"Following a lackluster employment report for
Financial Market Update
This Week; Monday opens with the 10 yr treasury not breaking out of its month-long trading range, the breakout is sending rates lower and should continue to push the 10 yr to 1.47% the reactionary low at the beginning of June. This week Treasury will auction $66B of notes and bonds; 3 yr, 10 yr and 30 yr terms on Tuesday, Wednesday and Thursday. Last Friday’s employment data was so weak that there is now a strong view in markets that the Fed will have to ease again with QE 3. That idea has pushed yields lower along with rate cuts in China and Europe last week.
Recent trade has been technically stronger in the MBS markets than treasuries with the 30 yr FNMA coupon breaking into new high prices before the 10 yr note broke through. The U. of Michigan sentiment index on Friday. Monday, one of our favorite reports, consumer credit, the pulse of spending and credit use. The week doesn’t present much key data; the minutes from the last FOMC meeting will be released Wednesday, weekly claims on Thursday is expected to decline 15K to 360K. Europe remains in the gun sights, last week not much out of the region except the ECB cutting rates. Nothing of substance from Germany, the key to the survival of the EU.
TBWS
Recent trade has been technically stronger in the MBS markets than treasuries with the 30 yr FNMA coupon breaking into new high prices before the 10 yr note broke through. The U. of Michigan sentiment index on Friday. Monday, one of our favorite reports, consumer credit, the pulse of spending and credit use. The week doesn’t present much key data; the minutes from the last FOMC meeting will be released Wednesday, weekly claims on Thursday is expected to decline 15K to 360K. Europe remains in the gun sights, last week not much out of the region except the ECB cutting rates. Nothing of substance from Germany, the key to the survival of the EU.
TBWS
July 2012 San Diego Events
Every Saturday in July
Stagecoach Days: Celebrating The West On The Move
This celebration includes children’s activities, historic interpretation, cannon and anvil firing and more. In addition to the permanent collection of historic wagons on display at Seeley Stable museum, coaches and wagons will be out in the plaza. Stay the day and enjoy activities that reflect life in San Diego during the mid-1800s. Each week will offer a different theme and activities. The activities are free. Time: Every Saturday 12:00 pm - 4:00 pm Location: Old Town, San Diego State Historic Park For more information visit www.parks.ca.gov/Events/EventDetail.aspx?id=3618 |
|
July 4
Annual Big Bay Boom Fireworks Show A display of some of the most technically advanced pyrotechnics will be fired from four barges floating in the bay off Shelter Island, Harbor Island, Embarcadero, Seaport Village/ Coronado Ferry Landing, and Imperial Beach Pier, and |
Subscribe to:
Posts (Atom)