All The Trimmings
Thanksgiving Quote of the Day: “Watch out, families in sitcoms – your Thanksgiving dinner will NOT go as planned!” – Chase Mitchell (@chasemit)
Did’ja Know…? Our paper currency is actually not paper at all! Our dollar bills consist of 75% cotton/ 25% linen blend with silk fibers running through it. (This is why I always wash my money in cold water to avoid shrinkage.)
Wuss’up This Week: Today the Fed Minutes are released, which are details of the last Fed meeting. If Bernanke approaches his last few months of office like I did the second semester senior year of high school the minutes will be filled with notes like, “Dude, my parents are out of town – kegger at my house tonight!” Still, this is a report that can sway interest rates the wrong direction if it hints at curtaining the Fed’s QE3 program. Also out this week: Weekly Jobless Claims (tomorrow), Producer Price Index (tomorrow), and a 10-year Treasury TIPS Auction (tomorrow). All of these can sway rates as well. Speaking of rates…
30-year fixed rates have settled near 4% with ARM rates about a point lower. As usual, rates vary based on type of home, equity in the home, credit score, and if you mean well but fail.
Funny line I just read: “Twenty years ago we had Steve Jobs, Bob Hope, and Johnny Cash. Now we have no jobs, no hope, and no cash. Please do not let Kevin Bacon die.”
Serious line: Please let your friends, family, coworkers, and anyonepainting their nails like this that for any purchase or refinance loan over $240k I will waive all lender fees – a $1,295 savings – wow!
Meet the best Depeche Mode cover band ever.
Thanksgiving Quote of the Day 2: “I bet wrongly convicted death row inmates don’t think it’s cute at all when the President pardons turkeys.” – Neal Brennan (@nealbrennan)
Timeout for Trivia: Congrats to those who guessed Whoopi Goldberg last week. Want to be entered into a drawing to win a Vandelay Industries T-shirt? Simply email me the answer to this week’s “Who Am I?” question. Good luck: “It was on this day in 2009 that I appeared in a hit movie as a high school tutor (and no, the kid is not seeing impaired). I won Best Actress in 1990 for a movie where I killed the sheriff by shooting him, but I’m better known in that flick for breaking bones. Why do people hate me in that movie for rescuing the hero from hypothermia, but I’m so well liked in my 1997 flick even though the hero dies from hypothermia?”
Barry will be here but Barry’s Blog is taking a break next week. I wish everyone the greatest Thanksgiving ever. And remember…everyone’s family is dysfunctional – not just yours.