Typically bad economic news causes long term interest rates (like mortgages) to improve and we’ve seen bad economic news come in a flood. Based on typical market fundamentals you’d expect mortgage rates to be lower than they are now. Certainly interest rates are fantastic (hovering near 5%) but they’re not down near the 4.5% (with [...]
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The bad news is everywhere! Store and factory closings, layoffs, and reduced confidence; but allow me to provide some perspective that may surprise you. Perhaps you’ve recently heard the phrase, “Worst economic crises since the Great Depression”. Well, I must disagree.
Here are some statistics that may surprise you! These are numbers from when President [...]
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~Salutation~,
Happy New Year! I hope this email finds all of you well and ready for a new beginning. Have you spent some time planning what you’ll accomplish in 2009? If you fail to plan, you’re really planning to fail!
“The rate is falling, the rate is falling!” While those may not be the exact words he’s [...]
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