Skypools & Stacked Cats
Baby Quote of the Day: “Babies don’t need a vacation, but I still see them at the beach… it pisses me off. I’ll go over to a little baby and say, ‘What are you doing here? You haven’t worked a day in your life!’” – Steven Wright
Honey, I shrunk everything! Some fun art for those with a small perspective.
Wuss’up This Week: Tomorrow we have Jobless Claims (consensus: 275k) and Durable Goods (this is a report on sales of items that last more than three years like cars, refrigerators, and the five-pound bag of Pringles I bought at Cosco), and Friday’s Consumer Sentiment Report. Any signs of weakness for the economy rates may trickle down, but the opposite can happen for positive reports.
Interest rates remain stable while the Fed figures out when to raise them. In the meantime a 30-year fixed remains in the high-3s/low-4s with ARM rates about .50-.75% lower. As usual rates will vary based on credit score, type of home, equity in the home, and if your home had a suspended glass pool.
Don’t forget to remember: any purchase or refinance loan over $240k I will waive all lender fees – a savings of $1,050! Grab yourself a cup of instant karma and let your friends, family, coworkers, and rock ‘n roll birds know what a great deal this is.
This Date in Economic History: Avis rent-a-car goes public. For those of you who grew up in the 70s you’ll remember they hired OJ Simpson to be their spokesman. It was also on this day in 2015 that Avis called Subway to congratulate them on taking the Worst Spokesman title that they held for over 30 years!
Baby Quote of the Day 2: “Next time someone wants you to hold a baby, say “I’m so bad with live babies.” – @donni
Timeout for Trivia: Congrats to those who guessed Steve Carell last week. Want to be entered into a drawing to win Cat Jenga? Simply email me the answer to this week’s Who Am I? question. Good luck: “In two days I turn 46. One might think I like the end of the alphabet as it appears in my autograph and the 1998 movie that gave me my mainstream success. I live in New York but I love Chicago. What I don’t love are when people say my spouse got cancer because of me!”