Monthly Archives: July 2006

Palos Verdes and South Bay Market Update

1. Sales activity in the ┬áreal estate market for the Palos Verdes Peninsula and the South Bay continued to slow during the 2nd quarter of 2006 compared to the prior year.For the Palos Verdes Peninsula, 133 single family residences were … Continue reading

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Interest Rates

LOAN TYPE TODAY +/- LAST WEEK 30 yr fixed mtg 6.41% 6.40% 15 yr fixed mtg 6.10% 6.09% 5/1 ARM 6.03% 6.01% 30 yr fixed jumbo mtg 6.58% 6.58% 5/1 jumbo ARM 6.14% 6.15% Source: bankrate.com Rates may include points

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Interest Rate Comments by HSH Associates

The following are excerpts from comments on factors affecting interest rates from HSH Associates as of 6/29/06: While noting that economic growth is moderating, the Federal Reserve Open Market Committee judged that inflation remains pesky, and lifted the Federal Funds … Continue reading

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