| WEEK IN ADVANCE |
| With most signs pointing to year-end weakness, the Fed will likely cut the target fed funds rate by a quarter point to 4.25% when the FOMC meets to decide policy on Tuesday, December 11. Other than that, economists and financial markets will be keen on inflation indicators throughout the remainder of the week. |
| Key Interest Rates | Latest | 6 Mos Ago | 1 Yr Ago | | Prime Rate | 7.50 | 8.25 | 8.25 | | Fed Discount | 5.00 | 6.25 | 6.25 | | Fed Funds | 4.50 | 5.24 | 5.25 | | 11th District COF | 4.233 | 4.224 | 4.346 | | 10-Year Note | 4.11 | 5.02 | 4.48 | | 30-Year Treasury Bond | 4.58 | 5.12 | 4.60 | | 30-Yr Fixed (FHLMC) | 5.96 | 6.53 | 6.11 | | 15-Yr Fixed (FHLMC) | 5.65 | 6.22 | 5.84 | | 1-Yr Adj (FHLMC) | 5.46 | 5.65 | 5.43 | | 6-Mo Libor (FNMA) | 4.80625 | 5.3844 | 5.3495 | Sources: IBC' s Money Fund Report; Bank Rate Monitor; Federal Home Loan Bank of San Francisco |
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Information provided courtesy of Beau LaPoint - Chicago Title