Anger Quote of the Day: “There are two things a person should never be angry at, what they can help, and what they cannot.” – Plato
The loan approval process has become very invasive, but luckily underwriters haven’t starting asking about bikini waxes.
I’m still trying to perfect my moonwalk. In the meantime here’s 24 more dances I suck at courtesy of Jimmy Fallon and Will Smith.
Wuss’up This Week: Rates ticked up slightly last week as B-B-B-Benny & the Feds left office, and our new Fed Chief Janet Yellen took over the reins. Today she will go over the Fed Minutes at 1:00 PM (this covers details of the last Fed meeting) where everything she says will be analyzed to death and can have an impact on rates. Also impacting rates will be tomorrow’s Weekly Jobless Claims report (expected 335k) and Consumer Price Index (expected up 0.2%).
Interest rates are still historically low, Mortgage Fans. A 30-year fixed remains in the low-to-mid 4s with ARM rates about a point lower. As usual, rates vary on type of home, equity in the home, credit score, and if you thought The Shining was a romantic comedy.
Don’t forget to remember that for any purchase or refinance loan over $240k I will waive all lender fees – a $995 savings! Please be sure to forward this email to any family, friends, coworkers, and kindergarten teachers you know.
I love your feedback. That’s why I’m giving you two ways to tell me what you thought about our work together on your mortgage loan. You can either take this five-minute survey to be entered into a drawing for a $100 gift card…or you can write me a glowing review on my Yelp page and let me know about it, and I’ll send you a $25 gift card straight-up.
Anger Quote of the Day 2: “It’s hard to be angry and eat red velvet cake at the same time.” – @kartburgr
Timeout for Trivia: Congrats to those who guessed Sheryl Crow last week. Want to be entered into a drawing to win the greatest Breakfast Club T-shirt ever? Simply email me the answer to this week’s “Who Am I?” question. Good luck: “Yesterday I turned 46, which is like, 30 years from my worst birthday ever. My acting career started with cheesy 1970s sitcoms but I hit the big-time in my 80s movies that always centered around me trying to get the guy I wanted. In one movie I liked this one boy but my best friend had a crush on me and played the biggest crier throughout the whole movie because he wasn’t my crush (that’s a play on words, Mortgage Fans). The best movie of my career also had the best ending of any movie ever made and centered around my earring.”
If you already like me in real life, then surely you’ll like me on Facebook as well. Check out the new Hey Mortgage Fans Facebook page!