VirtualMediaRealty.com » Mortgage news http://www.virtualmediarealty.com Serving the Greater Boston Area Fri, 23 Jul 2010 15:17:23 +0000 en hourly 1 http://wordpress.org/?v=3.0 Weekly Market Report for Boston Real Estate Market 3-15 http://www.virtualmediarealty.com/2010/03/20/weekly-market-report-for-boston-real-estate-market-3-15/ http://www.virtualmediarealty.com/2010/03/20/weekly-market-report-for-boston-real-estate-market-3-15/#comments Sat, 20 Mar 2010 14:21:07 +0000 admin http://www.virtualmediarealty.com/?p=205 The FED leaves rates UNCH. Prime Rate at 3.25% and Fed Funds rate at .25%

Housing / New Permits fell 5.9% in February.

Consumer Price Index in February was UNCH, the core CPI which excludes food and energy rose .1%
The Core CPI up 1.3% in the past year. Smallest gain in 6 years.

DOW closed at 10,742. NASD closed at 2,374. Crude Oil hits $80.64.

30 YR Fixed Rate Average 4.91%
15 YR Fixed Rate Average 4.24%

Merrimack Valley Real Estate Stats. Last month 107 properties Under Agreement and 87 SOLD.
Compared to 1 year ago there was 66 SOLD which mean sales are up 20% from last year this time.

Stocks to watch RIMM, VLO, CSX, BIDU

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US Mortgage and News Update presented by Greg Afarian of Virtual Media Realty in North Andover MA.

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