Thursday, July 31, 2008

Credit Crisis One Year Anniversary

One year ago today ... seems like it's gone by fast! Look at some interesting financial data comparing today to one year ago today.

OIL
today - $124.30
1 year ago - $78.20
GOLD
today - $917.60
1 year ago - $666.90
FED FUNDS RATE
today - 2.000%
1 year ago - 5.250%
30 YEAR FIXED MORTGAGE (up to $417,000)
today - 6.375% -0- points
1 year ago - 6.375% -0- points

DOW down 13%
Euro up 14% against the Dollar

Is it not curious that mortgage rates are about the same?

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