Dreaming About Stable Rates and Lost Treasures

Just want to get this out there and say I’ve got a hangnail that’s bringing down my enjoyment of life by about 9%. Okay, let’s starts the blog… 

Dream Quote of the Day: “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt

Did’ja Know: The average household credit card debt is $8,400. (*note to all those teachers who told me I was below average: it’s finally paying off for me!)

Wuss’up This Week: Every day reports about our economy are released into the wild, and it’s these reports that can sway interest rates in either direction. Today we’ve got the Q2 Productivity Report (expected up 0.4% but June I broke my solitaire record of 8 wins in a row so I expect this number to be less than 0.4% as I wasn’t working as hard as I should have been), tomorrow Housing Starts (expected: 1,180), and on Friday Weekly Jobless Claims. If numbers come in good for the economy interest rates could trend upwards, and vice-versa if the numbers come in weak.

Today you’ll find a 30-year fixed rate in the mid-to-upper 3s with adjustable rate mortgages a little lower. Rates have been fairly stable this summer and I’m predicting give or take .25% they will continue this way thru the end of the year. (although I’m also predicting a 10-win season for the Bears which probably takes away my credibility as a predictor.)  As usual, rates will vary based on your credit score, type of home, equity in the home, and if your home has an Amber Room.

Don’t Forget to Remember: Any purchase or refinance loan between now and the end of September I will waive $500 in closing costs. Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or pool trick shot artists that can use this gift.

Dream Quote of the Day 2: “Just landed my dream job of ‘before’ picture.” – @meganamram

Timeout for Trivia: Congrats to those who last week guessed Dustin Hoffman. Want to be entered into a drawing to win The Scale of Things book? Simply email me the answer to this week’s Who Am I? question. Good luck:  “It’s my birthday today but don’t worry about getting me a cake because it’s not like I’m gonna die of hunger.  I was the 2nd youngest Best Actress Oscar winner when I starred in a 2012 movie with a guy who drank too much in his 2009 comedy, and then I starred with the same guy in a 2013 movie where I won my Best Supporting Actress Oscar. That film’s title is two words – and the second word is also the name of a 70s dance craze but was not about dancing (unlike my 2012 movie).”

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