|
The Bond Market is slightly up this morning as better-than-expected economic data and dropping crude prices encourage the stock market. Elsewhere in the realm of economic data, the New York Empire State Index for August ticked up to 2.8, a vast improvement over negative 4.9 in July and ahead of expectations fora 5-point decline. The Federal Reserve’s measure of July capacity utilization came in at 79.8%, in line with expectations. The June figure was revised down to 78.8% from 79.9%. Industrial production increased 0.2% in July, whereas analysts were projecting no growth for the month. |
||||||||||||||||||||||||||||||||||||
|
Mortgage Interest Rates* |
||||||||||||||||||||||||||||||||||||
|
Rates as of Friday, 15th August, 2008: |
||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||
|
*Rates are subject to change due to market fluctuations and borrower’s eligibility. |
||||||||||||||||||||||||||||||||||||
|
