Orders for durable goods jumped 1.3 % in July

New homes sales in US increased 2.4 % in July

Existing home sales showed an increase of 3.1 % during the same month.

Consumer confidence increased from 51.9 to 56.9 % (mainly due to lower oil prices)

Interest rates:

Prime rate: 5 %                  Fed Discount rate: 2.25 %

Fed Funds rate: 2 %          6 months LIBOR rate: 3.084 %      30 Y fix rate: 6.4 %

MCT Realty and Broker Carlos ThurdeKoos brings you “Hispanic Statistics & Demographics”

In 2005, Hispanics owner occupied homes increased by 3.1 million to a total of 7 million, representing 81 % increase in 10 years.

Hispanics represented 50 % of the nation’s population growth between 2000 and 2004.

The purchasing power of Hispanics increased to 865 BILLION dollars in 2007 ……   this is a 457 % increase and it is estimated that by 2010 this amount will exceed ONE TRILLION dollars.