Rates are like Oreos
Feel Quote of the Day: “There is no better feeling in the world than a warm pizza box on your lap.” – Kevin James
I don’t know if the internet is the cure for boredom but my guess is people in the 1930s didn’t know what to do with their free time.
Don’t forget to remember: Any purchase or refinance loan over $240k I will waive all lender fees – a savings of $995! Grab yourself a cup of instant karma and pass this news onto any friends, family, coworkers, or people that love 99 amazing facts.
Wuss’up This Week: Three reports being released this week that can sway interest rates in either direction. Today we have the Consumer Price Index, and tomorrow’s Jobless Claims Report (consensus: 270k) and Existing Home Sales Report. Nothing released of importance on Friday so feel free to call in sick.
Interest rates continue their fight to stay low. Right now a 30-yr fixed loan is in the high-3s/low-4s with ARM rates about a half a point lower. As usual rates will vary based on type of home, equity in the home, credit score, and if you like watching Oreo trick shots!
Feel Quote of the Day 2: “All the Kardashian girls sound like they’ve just been lobotomized and can only remember the words “I just feel like…”” – @trevo_electric
Timeout for Trivia: Congrats to those who guessed A League of Their Own last week. Want to be entered into a drawing to win an Einstein Crazy Paperclip Holder? Simply email me the answer to this week’s Who Am I? question. Good luck: “Today I turn 52. My good looks helped me get and marry (and eventually divorce) a famous Victoria’s Secret model. My good looks also helped me get my first acting gig on General Hospital (I didn’t even have to read for the part at my audition!). In the late 80s/early 90s my good looks helped me land a part on a sitcom where I help raise three girls (or was it four?).”