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Barry’s Blog

Olympics and the FDIC

Life Quote of the Day “Dream as if you’ll live forever, live as if you’ll die today.” – James Dean. Interest Rates Remain low, but are up from last week. A 30 year fixed is at 5.0% and a 5 year ARM is at 4.25%. As usual, rates will vary based on equity in the […]

Note to Squirrel…

…I Ran Over This Morning I felt bad for you at first, but why would you wait until I got close to dart across the road?! I pray there are no roads in squirrel heaven… Interest Rates Rumor has it the Fed is running out of money to purchase bonds (which keeps rates low). Many […]

The Properties of Fish

Inspirational Quote of the Day “Imagination is more important than knowledge.” – Albert Einstein Interest Rate Update Rates this year remind me of my daughter’s goldfish: Sometimes they are fun to watch, sometimes they don’t know which way to go, and sometimes they float to the top and die. (I’m writing this on 3 hours […]

Good. Not Good. Wuss’up?

Not Good Last night I woke up at 2:00 AM hungry and craving sugar. I’ve gone 3 days without it since we completely cleaned out the junk food because the kids were eating too much of it. Digging around my pantry I found a half eaten pack of Pop Rocks. I ate it – and […]

Columbus, Castanza, and Wayne

Inspirational Quote of the Day “If Columbus had turned back, no one would have blamed him. Of course, no one would have remembered him either.” – source unknown. How Low Can You Go Last week Fed Chief Ben Bernanke announced that he has decided to extend and gradually phase out its purchase of mortgage-backed securities […]

Ben Bernanke, Bingo, and Superman

Quote of the Day “I don’t know the key to success, but the key to failure is trying to please everybody.” – Bill Cosby. Fed Up? Time Magazine took a swipe at Fed Chairman Ben Bernanke this week saying his prediction that the recession is over joins his other bad predictions – most notably that […]

Consumer Price Index Reports and Bluto

Inspirational Quote of the Day “We don’t stop playing because we grow old. We grow old because we stop playing.” – George Bernard Shaw Interest Rates Dipped at the end of last week, mostly on the unemployment report. Yesterday a couple of reports came out showing inflation (which is bad for rates). The Consumer Price […]

Lucky Nines: 9.9.09

Happiness Quote of the Day “Happiness is a way-station between too little and too much.” – Channing Pollock Unemployment Numbers were both good and bad when announced on Friday September 3rd. ‘Only’ 216,000 people lost their jobs in August. This was the lowest total in a year, so that’s encouraging. While signs point to a […]

Bob Seger and Jumbo Loans

Inspirational Quote of the Day “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph “where is” Waldo Emerson. Interest Rates Remain low. In fact, the past few years we’ve seen them spike in the summer and dip back down in the winter (on […]

Rap-Up on Rates

Good Morning! Existing home sales came in at a record pace last Thursday. While this surprised some people, it certainly did not surprise me. Combining low interest rates with the $8,000 tax-credit people are still trying to take advantage of, I think you should get ready for a busy fall season! Quote of the Day […]