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Weekly Wrap Up | What Happened to the Mortgage Rates this Week?

July 31, 2009

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"The Weekly Wrap Up"

Presented by Jason Wheeler

Just a quick note to update you on what happen with rates this week. It’s still a phenomal time to enter the Real Estate market or get invovled with some investments. Home purchases are up for the third month in a row. We won’t be in the office this weekend we’ll be getting away up to lovely Lake Tahoe. Check below for news on rates and Real Estate Investment Networking Events next week!

Here we are wraping up Friday 7/31/2009 rates were basicly flat all week with a sharp dip this morning. If you had a chance to lock in a rate today the timing was perfect. The new supposed Bull Market in stocks was strongly driven by great earnings all week. Let’s hope that they can keep it up. You can look at weekly trends Here.

July 31 (Bloomberg) — The U.S. economy shrank at a slower pace in the second quarter, a sign the worst recession since the Great Depression is winding down. Gross domestic product contracted at a less-than-projected 1 percent annual rate after shrinking 6.4 percent in the prior three months, the most in 27 years.  Commerce Department figures showed today in Washington. Revisions showed the economic downturn last year was even deeper than previously estimated.  Profits at companies from Caterpillar Inc. to Dow Chemical Co. signal the slump is easing as government efforts to revive lending and President Barack Obama’s stimulus gain traction.  Consumer spending, which accounts for 70 percent of the economy, may take time to recover as job losses mount, eroding the growth analysts anticipate will start this quarter.

REAL ESTATE FORUMS SHOWING HOW MANY IN THE BAY AREA ARE MAKING A SIGNIFICANT INCOME IN REAL ESTATE INVESTMENTS AND BUSINESS! AT THIS EVENT YOU WILL MEET MANY SUCCESSFUL INVESTORS AND LEARN HOW TO GET INVOLVED. CALL NOW 925-285-2172

This is your opportunity to learn from an expert in business and real estate investing- sharing his experience and solutions for making money in this market. If you would like to get started and work with a team of professional real estate investors you absolutely deserve to receive the information that we will be sharing this evening!

WED NIGHT BAY AREA

Hilton Fremont/Newark
39900 Balentine Dr.
Fremont-Newark, CA 94560- CLICK HERE TO RSVP

THURS NIGHT SACRAMENTO

Holiday Inn Sacramento Northeast
5321 Date Ave (Madison and I-80)
Sacramento-Roseville, CA 95841 – CLICK HERE TO RSVP

*This will be a powerful overview of company and we are looking for a few marketing executives.. We are exploding and looking for sharp people that deserve a better life. Come and learn how to create massive success with Real Estate Investing! Business attire is strongly suggested. Arrive early to network 6:30-7 with entrepreneurs and investors of the community.

 

Until Next time Here is to your success! Jason Wheeler 925-285-2172

 

 

 

 


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