January 8th, 2014 10:17 AM by Eric Fang
It's the first time I did not write a blog for abouttwo weeks. Shame on me.
I took a short vacation the end of last year. And I wason the road Monday and Tuesday this week. And I thinkI can settle down for a few weeks/months now.
I managed to reply all the emails for the last two weeks. Starting this week, I got a lot of emails asking the ratetrend. It is very obivious that the rate trend is up. Any news of lower rates were not true. I know some borrowersgot the news from somewhere that fixed rate were down orJumbo ARM rates were lower, were not true.
Basically we will need a strategy now. If you have a higher rate, waiting for a much low rate is not realistic. But15 yr fixed or 7/1ARM rate is ok, compared to the difference with 30 yr fixed.
For my stock investment, I am not a good trader. When lots ofpeople got 30% or over return for the last year, I have only about 20%+. Partly because of the bad performance of KBH.
I had bad news and good news today, both from MU. The good newsis it went up about 10%. The bad news is that I already sold50% last week.
Today is my birthday. And we will celebrate it without cakes(that's the problem of being getting older). And I am in a new round of exercising of losing more weight this year. HopefullyI will be 10 lbs lighter when I celebrate my next Birthday.