Feet Quote of the Day: “Keep your feet on the ground and keep reaching for the stars.” – Casey Kasem
Wuss’up Last Week: Last week the Fed announced they would try to keep rates low through 2014. “Try” being the key word (i.e. I’ve tried to quit my habit of eating Apple Jacks for dinner without much success), as there are so many factors into what moves the rates up and down. Factors like…
Wuss’up This Week: All eyes will be on the three employment reports that come out this week. The biggie will be the government’s report that is released on Friday morning which is expected to show the unemployment rate to remain at 8.5% with 125k new jobs created. Anything worse than this will rally rates to drop, and of course, anything better will make rates go up.
Interest Rate Update: Still beautiful, Mortgage Fans. A 30yr fixed is in the high 3s/ low 4s with ARMs about a point lower. Don’t forget to tell your friends, family, coworkers, and coslackers that for any loan over $240k I will waive all lender fees on purchases and refinances – this is over $1,000 savings!
Feet Quote of the Day: “Flip-flops are fun because every time you take a step it’s like a high-five to your feet.” – @CandyWarhole
Timeout for Trivia: Congrats to those who guessed Gene Hackman as last week’s answer. Want to be entered into a drawing to win Pledge furniture spray? Simply email me the answer to this week’s Who Am I? question. Good luck: “I turn 58 tomorrow. The lyrics I bet she’s never had a backstreet guy is untrue. I was married to that guy, and he was backstreet in his youth and in the video. I’ve been married 3 times, although never to Chevy Chase who might say I projected a ‘my way or the highway’ attitude with him.”
I want my MTV.