No major economic news is on the docket for the week of 12/5/05. Mortgages rates are up about .125 over last Monday, continuing the trend of the last few weeks. Given the lack of any noteworthy economic reports this week, I expect that rates will either stay at their current level or continue to slowly rise this week.
Hope you are finding great bargains as you shop for your loved ones this holiday season. A recent Salary.com article indicates that the typical American is spending 2.4% of their income on the holidays. That's significant, make sure you are getting the best bang for your buck by doing online research, and planning your gift giving ahead to avoid impulse buying.
About Me
- Peter Kazaks
- Peter brings his background in residential real estate, business, and ethics to his mortgage consulting practice. A lifelong Wisconsin resident, Peter has lived in the Milwaukee area for thirteen years, and holds a law degree from Marquette University. Peter has experience running a small business, and previously worked in ethics and compliance for a Fortune 500 health care company. His knowledge of real estate and business will benefit you in securing financing for your home or investment property.