Parties, Low Rates, and Running Dogs
Party Quote of the Day: “A party without cake is just a meeting.” – Julia Child
Speaking of parties… It was on this day in 1945 the stock market closed its doors for a party to celebrate the end of World War II. The stock exchange opened its doors again two days later. (*interesting to note: those two days are the only two days in the history of the Schwartz Family that no money was lost on stocks).
Wuss’up This Week: Every day reports on the economy are released that can sway interest rates in either direction. Today we’ve got FOMC Minutes, tomorrow Jobless Claims, and on Friday… nothing. It’s a pretty slow week for economic news which means I will now supply you with a cool slow-mo video.
Interest rates remain beautifully low, Mortgage Fans. A 30-year fixed today is in the mid-3s 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 your knowledge about mistakes in movies.
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 pass this info onto any friends, family, coworkers, or marathon running dogs that can use this break.
Party Quote of the Day 2: “It turns out “Flasher” wasn’t one of the reindeer and I’m being asked to leave this holiday party.” – @AbbyHasIssues
Timeout for Trivia: Congrats to those who guessed Anna Kendrick last week. Want to be entered into a drawing to win a Connected Seinfeld Characters Poster? Simply email me the answer to this week’s Who Am I? question. Good luck: “It’s my birthday today and I’m old enough to be your grandfather, or father, or something like that. I like making movies. There was the cross country movie in ’88 could’ve been titled Planes, Trains, and Automobiles because I did take all 3 in trying to get to California before my deadline. In one of my movies the script said to talk to myself in the mirror. Who would’ve thought one ad-libbed line would become a pop culture mainstay.”