Every Tuesday I try to explain what is happening in the financial markets that will impact mortgage rates. The truth is sometimes I highlight factors that do influence interest rates and sometimes I don’t. Sometimes mortgage rates fluctuate……just because. Today is National Just Because Day so if there is something you’ve been wanting to do […]
Global connectedness made a major advancement on this day in 1911 when the New York Times sent the first around the world telegram. The telegram which simply read, “This message sent around the world” left the New York Times newsroom at 7pm and arrived back in 17 minutes after being relayed via San Francisco, the […]
On this day in 1961 East German Soldiers began laying barbed wire and bricks in downtown Berlin. Over the course of the next 12 years the Berlin Wall was constructed. The 96-mile long wall made of concrete blocks and barbed wire was meant to divide Soviet controlled east Berlin from US-allied West Berlin. Speaking of […]
“It would be glamorous to be reincarnated as a great big ring on Liz Taylor’s finger.”- Andy Warhol Happy birthday to Andy who would have been 91 today. Interest Rates We’ve held a “floating” position for some now and it’s paid off. Mortgage rates are at their best levels in over three years and some […]
Feeling busy and anxious about all the things you have to get done? Just remember, “stressed” spelled backwards is “dessert” and today is National Vanilla Ice Cream Day! Interest Rates Home loan rates have improved modestly from last week. Existing Home Sales The National Association of Realtors released figures earlier today which showed that the […]
You can file this one in the “wish I had reason to celebrate” folder. Today is #NationalPersonalChefDay! Don’t forget to pat your chef on the back and thank them for all their hard work. Interest Rates Mortgage rates are unchanged this week after increasing by ~.125% last week. Recession looming? The US economy is currently […]
Congratulations to the US Women’s soccer team who capped a dominating performance on Sunday by winning the World Cup. The US recorded 26 goals during their seven games in the World Cup and only gave up 3! Interest Rates Mortgage rates are modestly worse to start the week after the Bureau of Labor Statistics released […]
Have a happy and safe 4th of July! Our offices will be closed on Thursday but otherwise around to help your customers! Interest Rates US home loan rates continue to benefit from pessimism regarding US-China trade talks. US-China Trade This past weekend leaders from the “G20” met in Osaka, Japan. Headed into the weekend some […]
The fourth of July is right around the corner which means it’s time to start looking for the best place to buy fireworks. Some people look for the lowest prices but as my friend Rob Chrisman advises the best fireworks can be found where the salesperson has three fingers and an eye patch. Interest Rates […]
“Give a man a fish and he eats for a day. Teach a man to fish and he will neglect his job and family thereafter.”- anonymous Today is National Go Fishing Day! As anglers take to the waterways mortgage rates are sinking! Mortgage Rates Mortgage rates continue to trend lower prompting many homeowners to evaluate […]