Tying The Knot
Marriage Quote of the Day: “The bonds of matrimony are like any other bonds – they mature slowly.” – Peter De Vries
Moment of silence for one of the greatest men ever to walk this earth.
Wuss’up This Week: This is a big week for economic reports that can swing interest rates higher or lower. This morning we have Durable Goods Orders, which is an indication of the demand for “big ticket” items (these are big items that are supposed to last for years like cars, refrigerators, and my son’s bean-bag chair that exploded when I jumped on it from the top of the stairs last night). A weakness in this demand will lead to lower rates. Tomorrow the Weekly Jobless Claims report comes out (higher claims = lower rates), and on Friday PCE Core Inflation (higher than expected inflation = higher rates).
Interest Rate Update: Rates have given back the last few days but remain ridiculously low. A 30-yr fixed is in the low 4s with ARM rates about a point lower. Please spread the word to your friends, family, coworkers, and pets: for any loan over $240k, I can waive all lender fees. This equals a $1,500 savings and a lot of happiness.
Marriage Quote of the Day 2: “Marriage is challenging. Marriage to me is like a 5,000-piece jigsaw puzzle. All Sky.” — Cathy Ladman (comedian)
Timeout for Trivia: Congrats to all of you who guessed Bill Murray as last week’s answer. Want to be entered into a drawing to win a Mr. T car air freshener? Simply email me the answer to this week’s “Who Am I?” question. Good luck: I turn 47 today. My breakthrough into film came in 1994 when I starred with a girl who stole from Saks Fifth Avenue in 2001. Maybe she just hung around with me because I played a Gap Manager in that movie. I was offered the leading lady role in Jerry Maguire if I could lose weight…but after I trimmed down I learned that Renee Zellweger was given the role! I don’t care; my humor is self-deprecating anyway, and I constantly joke about my body image. Just don’t compare me to someone like Uma Thurman, because that would be like comparing cats to dogs.”