Tech Hut

Tame inflation data, strong demand for the Treasury auctions, and a lack of surprises from the Fed were all positive for mortgage markets, and Mortgage rates end the week lower.

As expected, the Fed held the fed funds rate steady on Wednesday, and its statement contained few changes. The Fed suggested that economic activity is “leveling out”, rather than continuing to decline, and the Fed expects that inflation will remain subdued due to unused capacity in the economy. Of note, the Fed decided not to increase its $300 billion Treasury purchase program, which will end in October. No changes were announced for the $1.25 billion mortgage-backed securities (MBS) purchase program, which is set to conclude at the end of the year. Mortgage rates are largely determined by MBS prices, and the added Fed demand for MBS has helped keep mortgage rates low. Investors will soon need to hear what the Fed plans to do with the MBS purchase program. The direction the Fed chooses could have a significant impact on mortgage rates later in the year.

The economic data released during the week was favorable for mortgage rates. The July Consumer Price Index (CPI) inflation data was unchanged from June, and Core CPI, which excludes food and energy, rose at a tame 1.5% annual rate. Current inflation levels are not a cause of concern for investors. July Retail Sales dropped slightly from June. Excluding autos, the results fell well short of expectations.

The above and the continuous decline in home prices have caused an uptick in home sales.  The question is will home prices continue to drop and will interest rates stay low.  Only time will tell.  To see home prices in the USA  courtesy of Paul R Hauke, Realtor Associate and PRUDENTIAL ZACK SHORE PROPERTIES go to www.mlsprh.com  

Dell 5J632 PowerEdge Media Bay Power Cable - 5J632 $3.99

DELL 80MDT PowerEdge 2500 Media Bay Power Cable 080MDT $6.99

1999-00 Tampa Bay Lighting Media Guide--Stars $10.00

2008 MLB Tampa Bay Rays Media Guide Pena Crawford $5.99

Dell 5J632 PowerEdge Media Bay Power Cable - 5J632 $3.99

Dell PR09S Media Base Latitude D420/D430 Dock Port Bay $25.00

1992 TAMPA BAY BUCCANEERS MEDIA GUIDE $3.00

usfl 1984 tampa bay bandits media guide $0.99

usfl 1985 tampa bay bandits media guide $0.99

Green Bay Packers 1972 Official Media Guide 2IC $9.99

1982 TAMPA BAY BUCCANEERS FOOTBALL MEDIA GUIDE $9.99

1997 Green Bay Packers Media Guide $2.00

LOT OF 6 DELL MEDIA BAY D/BAY D410 D420 D430 PD01S NEW $39.99

2002 Tampa Bay Rays Baseball Media Guide $2.00

377569-001 Hewlett-Packard DL385 G2 MEDIA BAY BEZEL $10.00

Green Bay Packers official 1998 Media guide Bound Ed.!! $7.90

Dell D-Series D/Bay USB External Media Module PD01S $9.99

Dell D-Series D/Bay USB External Media Module PD01S $9.99

Acer Secondary Media Bay Battery TMC200 LC.TAD03.002 $49.95

1981 GREEN BAY PACKERS NFL FOOTBALL MEDIA GUIDE $10.99

Dell laptop external media bay 0PD01s $15.95

Dell eSATA External Media E/Bay Caddy PD02S with Case $17.99

Dell eSATA External Media E/Bay Caddy PD02S E/Series $13.49

Dell C400 External Media Bay with CDRW/DVD ROM $39.95

TAMPA BAY LIGHTNING 2006 - 07 MEDIA GUIDE $9.95

1972 Official Green Bay Packers Media Guide $9.99

DELL EXTERNAL MEDIA DRIVE BAY - With DVD R/W $30.00

Secondary Media Bay Battery For IBM Thinkpad T42 T43 $41.50

Dell X300 P4 Laptop W/Media Bay & CD NO HDD, 2 Battery $94.99

2008 Tampa Bay Buccaneers NFL Football Media Guide $4.95

Tampa Bay Rays 2009 Media Guide of 2008 AL Champions $12.00

Lot*3*DELL EXTERNAL MEDIA BAY CADDY FOR DVD DRIVE 3G265 $45.00

Green Bay Packers 2005 Media Guide $9.95

2003 Tampa Bay Rays Media Guide--Lou Piniellia $10.00

DVDRW/CDRW DELL MEDIA BAY D/BAY D410 D420 D430 PD01S $29.99

2008TAMPA BAY RAYS POST SEASON MEDIA GUIDE $16.00

Dell Latitude D610 Laptop Modem Cover Media Bay 0F4168 $0.01

DVDRW/CDRW DELL MEDIA BAY D/BAY D410 D420 D430 PD01S $29.99

DVDRW/CDRW DELL MEDIA BAY D/BAY D410 D420 D430 PD01S $29.99

DVDRW/CDRW DELL MEDIA BAY D/BAY D410 D420 D430 PD01S $29.99

Tampa Bay Bandits USFL 1983 Media Guide Burt Reynolds $0.99

2002 Tampa Bay Devil Rays Baseball Team Media Guide $3.99

1980 Green Bay Packers Football Media Guide $16.00

SUPER BOWL XXXVII 37 PRESS MEDIA PIN TAMPA BAY BUCS $47.99

GREEN BAY PACKERS MEDIA GUIDE 1974 M127 $12.99

Dell Latitude D420 D430 Media Bay DVDRW CDRW Drive $38.99

TAMPA BAY BUCCANEERS Media Guide 2007 NFL $4.99

DELL D/BAY EXTERNAL MEDIA BAY $19.95

1999 Green Bay Packers NFL Media Guide - Football Book $0.99

USB 2.0 Bay Media Card Reader $17.99

1998 Green Bay Packers Media Guide--Favre $15.00

1999 Green Bay Packers NFL Football Media Guide $5.25

1999 Tampa Bay Buccaneers NFL Football Media Guide $4.95

1983 TAMPA BAY ROWDIES NASL SOCCER MEDIA GUIDE $9.99

1981 TAMPA BAY ROWDIES NASL SOCCER MEDIA GUIDE $9.99

HP Compaq NX9010 Media Bay / Modem Cover 319489-001 $0.01

Dell Latitude D610 Laptop Modem Cover Media Bay 0F4168 $0.01

HP Compaq NX9008 Media Bay / Modem Cover 319489-001 $3.99

HP Compaq NX9008 Media Bay / Modem Cover 319489-001 $3.99

1989 GREEN BAY PACKERS NFL MEDIA GUIDE $9.95

1978 GREEN BAY PACKERS NFL MEDIA GUIDE $9.95

1987 GREEN BAY PACKERS NFL MEDIA GUIDE $8.95

SIIG USB2.0 BAY MEDIA CARD READER 9-IN-1 $17.55

Lot*2*DELL EXTERNAL MEDIA BAY CADDY FOR DVD DRIVE 3G265 $0.99

Thecus M3800 3-Bay Diskless Media System 1.5TB S026 $92.00

DELL 24X CD-ROM LATITUDE/INSPIRION - MEDIA BAY & CABLE $17.97

2007 Tampa Bay Rays Baseball MLBB Media Guide $5.95

Inspiron or Latitude Media Bay External Case Dell 0J105 $4.99

Latitude or Inspiron Media Bay External Case Dell 23MRD $1.99

Secondary Media Bay Battery For Dell Inspiron 600m 500m $46.95

Poweredge 2600 770N 4 Pin Power Cable Media Bay 6M427 $14.95

Siig USB 2.0 Bay Media Card Reader - JU-MR0012-S1 $14.99

*LOT 10* DELL *MEDIA D/BAY PD01S* For DVD+RW X300/D400* $249.99

HP Compaq EVO N110 Media Bay Cover NIC Modem Cover Lid $0.01

Dell Latitude D610 Laptop Modem Cover Media Bay 0F4168 $0.01

IBM A20/A21/A22 Media Bay NIC Modem Cover Door 27L6613 $0.01

HP Compaq nc6000 Media Bay / Modem Cover $0.01

NHL Tampa Bay Lighting 15 Media Guides $5.00

10K2340 LVD Media Bay Installation Kit Netfinity 5000 $10.00

1998 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

1999 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

2000 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

2001 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

2002 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

2003 TAMPA BAY DEVIL RAYS MEDIA GUIDE $4.99

2005-6 Tampa Bay Lightning Hockey Media Guide $5.99

2007-08 TAMPA BAY LIGHTNING MEDIA GUIDE $5.99

1980 NFL Football Tampa Bay Buccaneers Media Guide $5.99

2007-08 Tampa Bay Lightning Media Guide $6.99

1974 Green Bay Packers 5"x7" Media Guide - Excellent! $9.99

1973 GREEN BAY PACKERS FOOTBALL MEDIA GUIDE $29.99

1978 Green Bay PACKERS Media Guide $20.00

1973 Green Bay PACKERS Media Guide $30.00

1971 GREEN BAY PACKERS MEDIA GUIDE Willie Wood Devine $49.00

1967 GREEN BAY PACKERS MEDIA GUIDE Elijah Pitts $99.00

G2536 Dell Media Bay Power Cable (Y-Cable) $52.00

DELL L400 MEDIA BAY W/CABLE+DVD/CDRW COMBO DRIVE 10NRN $125.00

1992 TAMPA BAY BUCCANEERS FOOTBALL MEDIA GUIDE $7.99

1994 GREEN BAY PACKERS FOOTBALL MEDIA GUIDE $7.99

Inspiron or Latitude Media Bay External Case Dell 0J105 $4.99

60 Wide Flat Panel Hiboy $272.51 Walnut wood veneer finish Hiboy fits most 60" and smaller flat panels28" height makes it perfect for living room or bedroom settingConvenient component slots holds 3 or more components...

Techcraft BAY4828B 48-Inch A/V Entertainment Center (Black) $228.92 BAY4828B Features -Black finish -48'' wide ''Hi - Boy'' fits most 50'' and smaller flat panels -28'' height makes it perfect for living room or bedroom setting -Convenient component slots holds 2 or more components -Beautiful framed doors for concealed storage -Ample room for wire management -Dimensions: 28.12'' H x 48.25'' W x 20'' D Product Specifications...

Techcraft BAY4828 48-Inch A/V Entertainment Center (Walnut) $229.99 Showcase your beautiful flat panel with the Bay4828 walnut stand. Perfect for living room or bedroom settings, you now have a more compact setup designed to keep wires and components concealed yet readily accessible....

Eagles - Their Greatest Hits 1971-1975 $6.50 The pre-Hotel California years were arguably the best for The Eagles (though there were, thanks to Joe Walsh, some stellar future moments). Their mix of country, folk, and rock had a harder, grittier edge, and helped define what would become known as the Southern California sound. There was just enough of a country feel in the beautiful harmonies of "Best of My Love," to blur the edges between the...

Barry White - All-Time Greatest Hits $6.67 For those music buyers who have enjoyed Barry White's music since the early 1970s but may not be devoted enough for the three-CD box set Just for You, this 20-track compilation brings together all of White's major chart hits between 1973 and 1979, along with a couple of entries from his Love Unlimited Orchestra. White's distinctive vocal style--a deep, resonant baritone-bass that oozes sex appeal-...

The Visitor $4.79 A deeply moving drama built around longtime character actor Richard Jenkins, The Visitor is a simmering drama about a college professor and recent widower, Walter Vale (Jenkins), who discovers a pair of homeless, illegal aliens living in his New York apartment. After the mix-up is resolved, Vale invites the couple--a young, Syrian musician named Tarek (Haaz Sleiman) and his Senegalese girlfriend ...

A Town Like Alice [VHS] $9.99 ...

Happy Gilmore [VHS] $0.58 Heavy-metal golf with Adam Sandler, a 1996 dry run of the wild-man-athlete formula that paid off so handsomely in The Waterboy. There are some irresistibly funny sequences, although you may hate yourself for laughing at the mean-spirited slapstick. This isn't a classic golf comedy, like the Bill Murray vehicle Caddyshack, but as a hot-tempered would- be hockey player who finds an unexpected méti...

Godzilla 1985 [VHS] $11.99 In celebration of the 30th anniversary of the original Godzilla film, the lizard king returned to the big screen after a decade of inactivity for this 16th Godzilla feature. Originally released in Japan in 1984 as The Return of Godzilla, this modern sequel sweeps away decades of sequels and even recaptures the awe and grandeur of the original film, while adding modern technology and increased mili...

Crayola Color Wonder Disney Fairies Glitter Paint Set $7.99 Provides A Mess-free Solution To Glittering Includes 18-page Disney Fairies Color Wonder Coloring Book, 2 Color Wonder Twist-up Glitter Paint Brushes & 4 Color Wonder Mini Markers...