The Troia Team
Featured Listings
Categories
- Boulder Subdivisions and Neighborhoods
- Market Watch
- Interesting Homes
- FOMC
- Existing Home Sales
- Housing Starts
- Home How-To
- New Home Sales
- Case-Shiller Index
- Homebuilders
- Rankings
- Home Appliances
- Pending Home Sales
- Mortgage Guidelines
- jobs
- FOMC Minutes
- foreclosures
- Household Finances
- Home Decor
- Credit Scoring
- mortgage rates
- Home Price Index
- Home Improvement
- Retail Sales
- Home Safety
- Tax Tips
- Home Values
- Wall Street
- Budgeting
- Adjustable Rate Mortgages
- Kitchen Gadgets
- FHA Mortgages
- homebuyer tax credit
- Housing Analysis
- Around The Home
- The Economy
- Federal Reserve
- Taxes
- Personal Finance
- Around The House
- Real Estate Definitions
- Statistics
- Around The Hoome
- Buyer's Corner
- Colorado Round Up
- Dakota Ridge Village
- Focus on Boulder
- Home Inspections and Maintenance
- Market Conditions
- Mountain Living
- Real Estate Tales
- Relocating
- REO and HUD Talk
- Selling Thoughts
- The Peloton
- The Senior Network
- Trends
- Wonderland Hills
Troia Team
Local Resources
- About
- About Boulder
- Boulder Community Events
- Boulder County Government
- Boulder Public Library
- Boulder Recycling
- Boulder Senior Services
- City of Boulder
- Down Town Boulder
- Meet the Troia Team
- Open Space and Mountain Parks
- Outside In – Boulder County
Relocation Resources
- Boulder Climate
- Change Your Address On Line
- Cost of Living Comparison
- Home Price Comparison
- Map from DIA to Boulder
- Moving Cost Calculator
- Salary Comparisons
- Weekly Crime Map
School Information
- Boulder Education Center
- Boulder’s Top Rated Schools
- Boulder Valley School District
- School Accountability Reports
- University of Colorado Summer Programs for Kids
- University of Colorado Tour
Sports and Recreation
- Boulder Area Trails Coalition
- Boulder Mountain Bike Alliance
- Boulder Reservoir
- Boulder Running
- Broomfield Event Center
- Colorado 4WD Roads
- Colorado Bicycling Events
- Colorado Guide
- Colorado Mountain Bike Trails
- Colorado Rockies Baseball Schedule
- Golf Colorado
- The Colorado Avalanche
Archives
RATES FLAT DESPITE MORE NEGATIVE ECONOMIC DATA
Mortgage interest rates were mostly flat this past week despite continued negative economic data. Today’s January employment report showed that the unemployment rate jumped from 7.2% in December to 7.6% in January. This is the highest unemployment rate in 16 years. Non-Farm Payrolls declined 598,000 on expectations that they 
would decline by 500,000. This is the largest monthly decline since December of 1974. Weekly jobless claims increased 35,000 on expectations that they would increase only 4,000. December Personal Income was down 0.2% and Spending was down 1.0%. The ISM Manufacturing and Services Sector indices were slightly better than expected but both indices still showed contraction within their respective sectors.
The Dow Jones Industrial Average is currently at 8,221, up over 200 points on the week. Crude oil futures are currently trading at just over $39 per barrel, down over $2 per barrel on the week. The Senate may vote on the stimulus package today.
Next week look toward Wednesday’s International Trade Report, Thursday’s Retail Sales and weekly jobless claims, and Friday’s Consumer Sentiment Index as potential market moving events.