Halloween Update here in Hawaii , See how Maui Realtors are Dressing up

Aloha and Good morning!

The weekend should be 'normal fall weather' for the islands. Isolated, occasional rain, but mostly sunny and warm. The keiki should have a good evening for "Trick-or-Treat".
On the mainland - it's cooler, with highs in most west coast areas only in the 60's. Sacramento, Los Angeles and San Diego may reach the low 70's; and Las Vegas 84.
Economic Update:
Stocks are up a little on the day -- if they remain their this will end as the worst month in 21 years. The DOW has dropped 18.2% in October, the worst month since October 1987, when there was a 21.8% decline.
The Commerce Department's Personal Spending index showed a 0.3% decline the previous three months are the lowest since June, 2004. The Purchase Managers Index (PMI) was 37.8 well below expectations of 48.0; however, the University of Michigan Consumer Sentiment Survey showed a 57.6 reading, above expectations.
Currently the DOW is up about 190 points at 9370.98; the NASDAQ is up 31.31 to 1729.83 and the S & P 500 is up 22.57 to 976.66. The 10 Year Treasury yield is at 3.91%
Greystone Finance and Mortgage Industry Update:
The end of one month means the beginning of another -- get your loans in early for November as the holiday at the end always shortens the work month. If you fund four or more first mortgages (non-govie) you'll receive an additional .25 points retroactive! Get the loans in early and earn an extra Christmas bonus!
The term is TARP - Troubled Asset Relief Program -- we'll have to see just how many people get relief and how much it helps- details are sketchy so far.