Mortgage Blog

Too many things happened for the last a few days

February 5th, 2018 10:45 PM by Eric Fang

The stock market was down 666 points last Friday and another 1175 points Monday. That's crazy. But the good news is that it ended the rising of the interest rates. The rate for all the loan programs were down 0.125% today. Good job.

I did not race the Surf City Marathon because of family emergency. My father in law went to Emergency room Friday night and he came home this Monday afternoon. Everything is ok now. That's the good news.

Some people asked me about the stock market. I am not scared. If we look at the crashes in the history, they were all "history low" now compared to the current market. So I will still purchase some and hold them long term.
Posted in:General
Posted by Eric Fang on February 5th, 2018 10:45 PM

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