This Week in the Market- July 1st
July 1st, 2008 by AptBldgTraderThe downward momentum from last week seemed to have quelled after oil retreated from its high of $143/barrel to begin this week, but oil continues to plague stocks. Last week’s FOMC meeting indicated that the fed was still concerned about inflationary pressures, and decided, as expected, to hold interest rates. Investors await economic data this week, which includes: construction spending, the ISM Manufacturing Index, the Employment Situation, and Jobless Claims.
Interest Rate Trends
U.S Treasuries have eased from gains made last week and early this week. Sentiments over inflation and the economy push yields lower. Expect commercial rates to decrease slightly in line. To combat higher interest rates, we’ve created our “Market Solution Program”, with rates in the low 5.25-5.665% range for Multifamily and Commercial properties.
Author
Landmark Commercial Capital:Source
July 2nd, 2008 at 12:00 am
I found your blog on MSN Search. Nice writing. I will check back to read more.
Eric Hundin