Nature, Employment, and a Pickle Prize!
Nature Quote of the Day: “Plant seeds of happiness, hope, success, and love; it will all come back to you in abundance. This is the law of nature.” – Steve Maraboli
This Week in Economic History: It was on August 29th, 1862 that the Bureau of Engraving and Printing was formed. This bureau has the task of designing and printing the United States currency. In my high school history class I wrote a paper on why Orville Redenbacher should grace our $20 bills. While that campaign never got off the ground it is interesting to see how the $20 bill has changed over the years.
Wuss’up This Week: Every day reports about our economy are released into the wild that can sway interest rates in either direction, and this week it’s all about jobs. Today we’ve got the ADP Employment Report, tomorrow Jobless Claims, and Friday’s biggie the Employment Numbers for August (expected: 180k new jobs, unemployment at 4.3%). If these numbers come in better than expected rates will trend up, and vice-versa if they come in low.
Interest rates remain…. pretty darn good! The 30-year fixed rates remain in the high-3s/low-4s, 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 beautiful on the outside but uh….
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, coslackers or Wizard of Oz fans that can use this gift.
Nature Quote of the Day 2: “If you are the one who stole my computer yesterday, please disregard the folder labeled, ‘Nature photographs.’ Thanks.” – @Michaelianblack
Timeout for Trivia: Congrats to those of you who last week guessed Jennifer Lopez. Want to be entered into a drawing to win an Electric Yodeling Pickle? Simply email me the answer to this week’s Who Am I? question. Good luck: “It’s my birthday today. I started my career as a model and at 17 was featured on the cover of Seventeen Magazine (*mainly because I didn’t use the hair gel you’re thinking of). I’ve done a little TV but you know me mainly from movies – which includes two that were spun off from a TV detective agency, and a trilogy with a couple of SNL alums – one of who made a complete ass out of himself.”