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By Ron Kerwood

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Weekly Update

Here is my take on interest rates for the upcoming week and beyond.  Any insights, observations or questions you'd like to share?  Email me and we'll review!!!

Here’s the latest for 5/11/07.

Stable continues to be the mantra with interest rates.  This has been one of the longest stable interest rate environments I've seen in a long time.  Rates are taking cues from economic reports and even though there are some ups and downs there, the overall theme is an economic recovery with some bright spots but low inflationary pressures.  The latest news has been weak on employment growth and retail sales.  Some of this weakness is being attributed to the slow housing market.  Use this to your advantage: lower prices as well as low rates equal more affordable housing opportunities for those who take the plunge!

Have questions?  Click on the email button below and I'll get right back to you!