The Vast Cosmos
Universe Quote of the Day:“Follow your bliss and the universe will open doors where there were only walls.” – Joseph Campbell
“Mortimer, we’re back in business!” … One of my favorite lines by Don Ameche in the 1988 flick Coming to America. The Duke Brothers would’ve been wonderful employees of our government who look willing to work again until they blow the next deadline.
But for now things are back in action, which means interest rates will change daily and economic reports will be released daily. Thursday we have Weekly Jobless Claims (expected at 430k), and on Friday the Durable Goods Orders report will be released (expected up 0.2%). This is a report of big-ticket items purchases that last more than three years (e.g. a car, refrigerator, or the bottle of ketchup my wife bought at Costco in 1998).
Interest Rates remain on their high-lows for 2013. A 30-year fixed remains in the low 4s with ARM rates about a point lower. In some cases Jumbo rates are the same or lower than conforming rates. (jumbo = any loan over $417k)
Don’t forget to remember that for any purchase or refinance loan over $240k I will waive all lender fees – a $1,295 savings!.
Did’ja Know: There is more Monopoly money printed in a year than real money printed throughout the world. The amount of money in a Monopolygame is $15,140.
Universe Quote of the Day: “I’m pretty sure if Flo from Progressive and Jake from State Farm hooked up, the universe would explode.” – Abby Heugel (@AbbyHasIssues)
Timeout for Trivia: Congrats to those who guessed Suzanne Somers last week. Want to be entered into a drawing to win a “Dobler Effect” sweatshirt? Simply email me the answer to this week’s “Who Am I?” question. Good luck: “It was on this day in 1992 that I let the dogs out – one of the best films of my career. (I wrote that script in less than four weeks.) I was then asked to direct Speed and Men in Black – I passed on both of them. Stupid? I don’t think so, as I was busy writing what is arguably the best movie I have ever written or directed – a movie that was released in 1994 and helped rejuvenate Danny Zuko’s career as well as educating people on how to order hamburgers overseas.”