Amy Cutts
![Amy Cutts](/assets/img/authors/unknown.jpg)
Amy Cutts
combined consumer decline domestic figures gross housing led lower mortgage price producer rates recently released
Lower figures for the recently released producer price index and consumer price index and lower, but still strong, gross domestic product, combined with the seasonal slowdown in the housing market, led to another decline in mortgage rates this week.
slowing
This is a slowing down to what I think of as good, sustainable levels.
alan chairman cool effective efforts evidence federal greenspan reserve
That's a big slowing. It's evidence that the Federal Reserve and Fed Chairman Alan Greenspan are being effective in their efforts to cool the economy.
came expecting figures financial growth job markets order taken thousand
Expecting job growth on the order of about 150,000 in December, financial markets were taken aback, to say the least, when those figures came in at only a thousand new jobs.
below currently housing mortgage rates six
The onset of 2005 bodes well for the housing industry. Long-term mortgage rates are currently below six percent.