Miserable Brides, Rights to Fries, and Parrots!
Parrot Quote of the Day: “If you have a parrot and you don’t teach it to say, ‘Help, they’ve turned me into a parrot,’ you are wasting everybody’s time.” – @Juliasegal
This Week in Economic History: It was on April 29th, 1926 that France and the U.S. made a deal writing off 60% of the $4 billion the French owed us after World War I. The remaining debt was to be paid off over sixty-two years at 1.6% interest. France also gave the U.S. the rights to make French fries and French toast in restaurants without paying them royalties. (*yes, I made that last part up.)
Wuss’up This Week: Every day reports about our economy are released that can sway interest rates in either direction. Today we’ve got the very important EIA Petroleum Status Report (*no clue what that is but I’m listing it here to make myself look smarter), tomorrow Durable Goods Orders and Jobless Claims, and Friday the Consumer Sentiment Report.
Interest Rates remain pretty stable lately. A 30-year fixed remains around 4.0% 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 bathroom inside the home.
Don’t forget to remember: Any purchase or refinance loan over $240k I will waive HALF of the lender fees – an $895 savings! Grab yourself a cup of instant karma and pass this info to any friends, family, coworkers, or miserable looking brides that can use this gift.
Parrot Quote of the Day 2: “I got a parrot, the parrot talked – but it did not say it was hungry – so it died.” – Mitch Hedberg
Timeout for Trivia: Congrats to those of you who guessed Kate Hudson last week. Want to be entered into a drawing to win a Loch Ness Monster Ladle? simply email me the answer to this week’s Who Am I? question. Good luck: “Hey everyone, it’s my birthday today – let’s celebrate! We can celebrate my old sitcom which had nothing to do with royalty, and starred a talented actress you would love even though her old religion doesn’t love her. If you’ve seen my movies you’ll know I’m funnier on TV than the big screen but hey – I got paid a lot of money to make a movie (and sequel) about being a cop (well, not really a cop).”