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Piedmont Capital Market Update August 10, 2011 |
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10 Unit Multi-Family Los Angeles, CA 5 Year Fixed 4.49% Interest Rate, Cash Out Refinance. |
COMING SOON! Index Tracker Track the index on your adjustable rate mortgage with customized email updates and analysis. Loan calculators Amortization tables, payment calculators, every tool you need to analyze a loan, and more! |
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| Casey Wright Casey@Piedmont-Capital.com 415.873.0508 |
Treasury Market Update The anticipated debt downgrade of U.S. debt by S and P occurred after market close last Friday. The result, opposite to what some expected, was no forced selling of U.S. treasuries (the opposite occurred) and renewed potential for an increased period of low interest rates. As of right now, the 10 year treasury yield is 2.080%, down from 2.600% exactly one week ago. Investor psychology is having far more of an impact on the markets than actual fundamentals right now and, until this changes, any major rate increase in the short term isn’t a risk.
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Average Interest Rates Click here for our website blog to learn more about these rates and other products. 
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| Piedmont Capital // 201 California St, Suite 1400, San Francisco, CA 94111 415.873.0508 // www.piedmont-capital.com |
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