Friday Update

Happy Friday,

 

What a day in the world. Alibaba opening start at $92-$93 per share for a 37% gain on their initial IPO. There’s a few extra billion dollars for Jack Ma today.

Did you order your iPhone 6? Today is the big delivery day!

With all this excitement, no one is talking about rates which are up a .125% from last week. The ten year crept back up to 2.60 today. Interest rates are still great. Again I stress, take a look at the jumbo mortgages. With a low loan to value and high FICO score, the jumbo rates are as low as conforming rates. I like it!!!

Life brings all kinds of new journeys. Ovid said “Dripping water hollows out stone, not through force but through persistence”. Is there a different path you are looking for? Embrace the change and be persistent in your actions. All kinds of new doors will open and abundance will come.

Have a blessed weekend and let us know if we can help in any way. rates Fixed and Arms-page-001 (2)

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