Bigger Than Life
Giant Quote of the Day: “I’m surfing the giant wave of life.” – William Shatner
Here are some maps you’ve never seen before.
Interest rates continue their upward climb that started in May. Today’s rates on a 30-yr fixed remain in the mid-to-upper 4s with ARM rates not too much lower.
Interesting Interest Rates: For the first time maybe ever, the rates on jumbo loans (loans of more than $417k) are lower in a lot of cases than the conforming loan rates. Historically, jumbo rates have always been .25-.50 higher, but lately investors and banks have been aggressively targeting the consumers looking for jumbo loans as they figure they will also have a jumbo bank account that they can try to get you to invest with them.
For the record I have a jumbo loan and a skinny bank account…
Don’t forget to remember that for any loan over $240k I will waive all lender fees – a $1,295 savings! This applies to all purchases and refinances. Please pass this info to any friends, family, coworkers, and Bears fans (NOT Packers fans).
Giant Quote of the Day: “I’ll never understand why anyone would buy one of those flesh-colored Volkswagon beetle cars, it’s like driving a giant testicle.” – Jenny Johnson (@JennyJohnsonHi5)
Timeout for Trivia: Congrats to those who guessed Charlie Sheen last week. Want to be entered into a drawing to win a Spongebob T-shirt? Simply email me the correct answer to this week’s “Who Am I?” question. Good luck: “It was on this day in 1986 that my song – a tribute to the Statue of Liberty – became a Top 40 hit (# 16). This was my 3rd Top 40 hit by myself! I don’t need those brothers from my other group… What’s that? You say my other Top 40 hits were remakes of songs I didn’t write? That may be true but at least I had the genius to put big-breasted girls in my videos. The Beach Boys missed the boat on that one.”