Hits, Snacks, Mullets, and Rates
Hit Quote of the Day: “Success is how high you bounce when you hit bottom.” –George S. Patton
With the Cubs and Sox playing so well it’s time to look at facts about what you eat at the ‘ol ball game.
Wuss’up This Week: All eyes and ears are on today’s Fed Meeting which is expected to be a whole lot of nothing. Rates are predicted to stay the same although our friend Janet Yellen will have a lot to say about when they will be raised. Also this week we’ve got Employment numbers coming out tomorrow, and Consumer Sentiment on Friday. Any signs of a weak economy from these reports can sway interest rates lower. And where are rates you ask?
Rates, like my college mullet, seem to be content not moving from where they are. 30yr fixed rates remain in the mid-to-upper 3s, with ARM rates about .50% lower. As usual rates will vary based on credit score, type of home, equity in the home, and what is in the home’s backyard.
Don’t forget to remember: Any purchase or refinance loan over $240k I will waive all lender fees – a $1,050 savings! Grab yourself a cup of instant karma and tell any coworkers, family, friends, or people that like to celebrate metric birthdays what a great gift this is!
Hit Quote of the Day 2: “When I get overly proud of America, I simply remember that in 1999 we made Mambo No. 5 a number one hit.” -@DamienFahey
Timeout for Trivia: Congrats to those who last week guessed Morgan Freeman. Want to be entered into a drawing to win a Bubble Wrap Calendar? Simply email me the answer to this week’s Who Am I? question. Good luck: “My song hit # 1 on the Billboard chart on this day in 1984. From the title of the song (and title of the movie) you’d think it was impossible to hit # 1. Well, that was the beginning of seven # 1 songs for me. Speaking of beginnings, I used to be a part of a band whose name was about beginnings. But beginnings have ends and after 8 years I left to march to the beat of a different drum.”