Glitter, Coffee, Rates, and 1,000 Books to Read
Glitter Quote of the Day: “Glitter is the herpes of craft supplies.” – Demetri Martin
Today in Economic History: It was on this day back in 1942 that due to rationing the government asked the American people to forgo coffee to help the war effort. (side note: for future wars I’m okay with giving up coffee but don’t you dare, U.S. government, ask me to give up my leftover Reese’s from Halloween. Ain’t gonna happen.)
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. The Three biggest reports this week are today’s New Home Sales report, and tomorrow’s Pending Home Sales report and Weekly Jobless Claims. If these reports come in with strong numbers you can expect rates to keep ticking up, but if the numbers come in bad for the economy rates should trickle down.
Interest rates remain flat after rising most of the year. A 30-year fixed you’ll find today around 5.0% with adjustable rate mortgages anywhere from .25 – .625% less. As usual rates will vary based on type of home, equity in the home, your credit score, and if you believe, I have something to tell you.
Don’t Forget to Remember: Any purchase or refinance loan that closes with me between now and January 1st I will waive $500 in lender fees! Grab yourself a cup of instant karma and pass this info along to any friends, family, coworkers, or any of the Top 10 SNL cast members all time that can use this gift!
Glitter Quote of the Day 2: “I tried killing a spider with glitter body spray. Now it won’t stop stripping & I have to call it Cinnamon.” – @Sassafrantz
Timeout for Trivia: Congrats to those of you who guessed Lisa Bonet from my blog on the 14th. Want to be entered into a drawing to win 1,000 Books to Read Before You Die Book? Simply email me the answer to this week’s Who Am I? question. Good luck: “My birth name is Dana Elaine Owens but you know me as royalty, and it was on this day back in 1989 I released my album that sold over a million copies – so y’all should hail me! I was born in New Jersey but you’ve seen me in Chicago. You’ve also seen me last summer on a vacation with my girls (I always say ‘ladies first’) in New Orleans which was a big hit. You know what wasn’t a hit? My two talk shows – each lasting less than two years because of low ratings (1999-2001, 2013-2015).”