Learning, Gymnastics, and Rates are still Stable
Learning Quote of the Day: “Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandi
Did’ja Know: During the Federal Reserve’s June 2007 policy meeting the word ‘recession’ was used three times. The word ‘strong’ was used 61 times. The economy entered into a recession six months later. (*which just goes to show that the Fed can’t tell the future, and that’s why they should turn to movies to help them with that)
Wuss’up This Week: Every day reports about our economy are released into the wild to do their thing. If these reports show a strong economy interest rates tend to go up, and vice-versa when the news is bad. This is a quiet week for data though – today we’ve got MBA Mortgage Applications, tomorrow the Bloomberg Consumer Comfort Index (*why does that sound like it could be a brand of adult diapers?), and nothing on Friday so feel free to call in sick and enjoy the beautiful three day weekend.
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 credit score, type of home, equity in the home, and if your home is hidden …
Don’t Forget to Remember: Any loans over $240k I will waive half of your lender fees – an $895 savings! Grab yourself a cup of instant karma and pass this info onto any friends, family, coworkers, or people that like running gags in movies that can use this gift.
Learning Quote of the Day 2: “I spent four years in college. I didn’t learn a thing. It was really my own fault, I had a double major in psychology and reverse psychology.” – B.J. Novak
Timeout for Trivia: Congrats to those who last week guessed Paul David Hewson (a.k.a. Bono). Want to be entered into a drawing to win a Spinning Gymnastics Guy Toy? Simply email me the answer to this week’s Who Am I? question. Good luck: “Today would’ve been my birthday so I’m kind of bummed about that, but I’m fortunate for the people I met and starred with in my movies. I was only one degree of separation from Kevin Bacon (why do people say we are spacey?), I was in a ’96 film that didn’t have much to do with a character from the Wizard of Oz but did have a lot do with ‘hunting’ things in the spring and summer. Wanna know what appeared in the winter the following year? A film I was in where I was hunting for sunken treasure.”
Happy Birthday Shout Out one day early to Lori Beth, Janet, and Slater’s dad.