Home Interest Rates

There is urgency in obtaining the best interest rate available at historical low rates.

There will be plenty happening this week, ahead of the Independence Day holiday. The week may start with a bang, as Mondays Personal Income and Personal Spending Reports arrive, giving us a look at the Core Personal Consumption Expenditure (PCE) Index as well...which just happens to be the Fed's favorite gauge of inflation. Rest assured the Fed will be watching this report very closely. Any hint that inflation is heating up could definitely impact the Feds decision on rates and the extended period language at future Fed meetings.

Thursday brings another Initial Jobless Claims Report. Initial Jobless Claims came in at 457,000 last week and Continuing Claims at 4.55 Million. In addition, an additional 4.73M people are claiming EUC (Emergency Unemployment Compensation) benefits. The continuing high level of unemployment claims is disturbing, but things will improve. Remember, job losses come in the thousands as companies endure sweeping layoffs, but individuals are hired back one at a time. And remember since the Jobs Bill has not been passed, more people will start to drop off extended unemployment benefits and rejoin the workforce as formally unemployed.

And there could be some real fireworks on Friday, as the Labor Department releases the Jobs Report for June. Last months Jobs Report showed 431,000 jobs created in May. While on the surface this seems positive, the number was below expectations and also was primarily made up of temporary census workerswho will once again join the ranks of the unemployed when the 2010 Census has been completed. The Unemployment Rate did drop from 9.9% to 9.7%, but overall Mays Jobs Report was disappointing.

Remember: Weak economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong economic news normally has the opposite result.

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Homes Sold WNC January-May 2010

Click on the link below to see the homes sold report for all of WNC January through May 2010.


Homes Sold WNC

Homes Sold Madison County January-May 2010

Click on the link below to see the homes sold report for Madison County January through May 2010.


Homes Sold Madison County

Homes Sold Rutherford County January-May 2010

Click on the link below to see the homes sold report for Rutherford County January through May 2010.


Homes Sold Rutherford County

Homes Sold Transylvania County January-May 2010

Click the link below to see the homes sold report for Transylvania County January through May 2010.

Homes Sold Transylvania County

Homes Sold Report Polk County January-May 2010

Click the link below to view the homes sold report for Polk County January through May 2010.


Homes Sold Polk County

Homes Sold Haywood County January-May 2010

Click on the link below to the homes sold report for Haywood County January through May 2010.

Homes Sold Haywood County

Homes Sold Buncombe County January-May 2010

Click the link below to see the Buncombe County Homes Sold report January through May 2010.


Homes Sold Buncombe County

Homes Sold Henderson County January-May 2010

Click on the link below to see the homes sold report for Henderson County January through May 2010.

Henderson County Homes Sold Report