Shaving, Bad Game Shows, and Rates
Shaving Quote of the Day: “Of the Seven Dwarfs, the only one that shaved was Dopey. That should tell us something about the wisdom of shaving.” – Tom Robbins
This Week in Economic History: It was on March 15th, 1938 the U.S. began an anti-counterfeiting campaign called ‘Know Your Money’. It was created to raise awareness about the increasing problems of counterfeit money that was undoubtingly spurred on by the looming depression. I know what you’re thinking – ‘Know Your Money’ sounds like a really bad game show. With that said, here’s a list of the worst game shows ever.
Wuss’up This Week: Every day reports about our economy are released into the wild that can sway interest rates in either direction. Today we’ve got Retail Sales (*this should show higher than expected numbers since I just purchased this week’s prize – see trivia below), tomorrow Jobless Claims, and on Friday the Consumer Sentiment Report. When these reports show better than expected numbers it causes interest rates to go up, and vice-versa when they disappoint.
For now it seems rates have settled down after a furious climb the wrong direction. A 30-year fixed rate remains in the mid-4s with adjustable rate mortgages a little bit lower. As usual rates will vary based on type of home, equity in the home, your credit score, and if you like the show Cops.
Don’t Forget to Remember: Any purchase or refinance loan referred to me in March I will waive the $400 appraisal fee! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or coaches who meltdown that can use this gift.
Shaving Quote of the Day 2: “My husband says shaving his legs gives him an advantage when cycling, but I don’t get how the high heels and pantyhose help.” – @shariv67
Timeout for Trivia: Congrats to those of you who last week guessed Bryan Cranston. Want to be entered into a drawing to win Pringles Sour Cream & Onion Socks? Simply email me the answer to this week’s Who Am I? question. Good luck: “It would’ve been my birthday today but I died a while ago. You might remember me from a boxing promoter who stole my haircut, or a song the Counting Crows wrote about me. You can still see me (a part of me) in a Philadelphia museum but that’s really kinda gross. What else might you consider gross? Well, I divorced my wife to marry my cousin! People may joke that I was obsessed with my ‘relatives’ but that’s just a play on words – I was obsessed with the adjective, not the noun.”