The City of Sammamish is contemplating 3 sites for a future community center, assuming the residents support the plan (as reported on the Sammamish Patch newsletter). For more information go to Sammamish Community Center.
Mortgage bond prices rose last week pushing mortgage interest rates lower. The data was mixed. The headline retail sales figure was slightly weaker than expected while the ex-autos figure was higher than expected. Producer prices rose 0.7%, weaker than the expected 1% increase however the core, which excludes volatile food and energy prices, rose a higher than expected 0.3%. Tame core consumer inflation data Friday morning helped end the week on a positive note despite higher than expected consumer sentiment, industrial production, and capacity use data. Mortgage bonds ended the week better by about 1/2 of a discount point