Kiss Calf, Crime Dog, A Sexy Squirrel, and Rates!
Doctor Quote of the Day: “First the doctor told me the good news. I was going to have a disease named after me.” – Steve Martin
I’m fascinated by the Gene Simmons calf.
This Week in Economic History: It was on August 15th, 1945 that the stock market closed its doors to join the celebration of the end of World War II. Let’s all party like it’s 1945!
Wuss’up This Week: Every day reports about our economy are released into the wild that can sway interest rates in either direction. Today we’ve got The minutes from the last Fed meeting, tomorrow Jobless Claims, and on Friday Consumer Sentiment. If any of these reports are positive for the economy look for rates to trend up, and vice-versa if the numbers come in below expectations.
Interest rates remain in the high-3s/low-4s for a 30-year fixed, with ARM rates about a half a point lower. As usual rates will vary based on type of home, equity in the home, your credit score, and if you know all about McGruff the Crime Dog.
Don’t Forget to Remember: Any purchase or refinance loan over $240k I will waive HALF the lender fees – an $895 savings! Grab yourself a cup of instant karma and pass this info onto any friends, family, coworkers, or people that think Elvis is still alive that can use this gift.
Doctor Quote of the Day 2: “Still feel bad for not considering that Dr. Pepper might be a woman.” – @AaronFullerton
Timeout for Trivia: Congrats to those who guessed Anna Kendrick last week. Want to be entered into a drawing to win a Squirrel In Underpants Air Freshener? Simply email me the answer to this week’s Who Am I? question. Good luck: “My birthday today and it’s been a busy life for me. In the mid-70s I worked the news on channel 4 in California, and then didn’t appear on any TV newscast again until I worked as a correspondent from 1999-2005. I left that gig and took a job as a regional manager for a supply company which lasted until 2013. In between that time I appeared in some movies. Two of my favorites are one with a title that is an oxymoron that most everyone in the mortgage industry watched. The other is one where – even though I’m a hairy guy – I had less hair at the end of the movie than what I started with.”