HAL CUTLER

Find Oxnard Real Estate, Port Hueneme Real Estate & Channel Islands Harbor, California Real Estate!

CAR Fact Sheet

My pals, loyal 24 hours a day! Really, 24 hours! They NEVER sleep, Really!

Blaze, my associates pal is sometimes my pal! She is very shy, but sweet!

Fact Sheet

Provided by the California Association of Realtors® - A trade association representing nearly 200,000 REALTORS(R) statewide.

FED LOWERS KEY INTEREST RATE 0.25 PERCENT

The Federal Reserve lowered its key interest rate by one-quarter percent today, pushing the federal funds rate down to 2 percent, its lowest level since 2004, in an effort to ease economic pressure coming from higher food and energy costs, a weakened dollar, and the ongoing housing slowdown and credit liquidity crunch.

"Recent information indicates that economic activity remains weak," the Fed said in announcing the cut. "Household and business spending has been subdued and labor markets have softened further. Financial markets remain under considerable stress, and tight credit conditions and the deepening housing contraction are likely to weigh on economic growth over the next few quarters."

FAST FACTS

Calif. median home price - March 08: $413,980 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region March 08: Santa Barbara So. Coast $1,140,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region March 08: High Desert $210,660 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 07: 33 percent (Source: C.A.R.)
Mortgage rates - week ending 04/24/08 30-yr. fixed: 6.03% Fees/points: 0.3% 15-yr. fixed: 5.62% Fees/points: 0.3% 1-yr. adjustable: 5.29 % Fees/points: 0.5% (Source: Freddie Mac)

Contact Information

Telephone: business: 805-984-1995; home office: 805-984-4199
cell: 805-377-1090
FAX: business: 805-985-1242; home office: 805-984-0438
Postal address
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Electronic mail: General Information, Sales & support:; hal.cutler@verizon.net

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Send mail to hal.cutler@verizon.net with questions or comments about this web site. Surfside-Anacapa Real Estate is independently Owned and Operated. Information contained herein is deemed reliable, but not guaranteed. References to size or square footage is taken from public records but is not verified. If your property is listed with a Broker, this site is not intended as a solicitation of the listing. Property offered is subject to prior sale. Consult a qualified specialist for legal or tax issues.
Copyright © 2001 HAL CUTLER - Realtor
Last modified: March 21, 2008 18:34