Mortgage Blog

The interest rates are higher, and you might not
believe it, I locked 8 loans today. Most of them
are 15 yr fixed and 5/1 ARM rates. People are
starting to believe that the lowest rates were
gone forever. But 5/1 ARM is at the best level now.

In previous blogs, I menthioned that the 10 yr bond
should be around 1.82 level. It's very close to this
number Friday(the low number was 1.84) But it went
higher after Monday and closed 1.84. Let's wait to
see the prediction of 1.82 was "accurate" or not.
Basically, the trend is trading within the range,
and lock the rate when bonds close to 1.8x level
unless we will see lower rate with bad ECB news again.

Had lots of parties recently with great fun. Met
a lot of alumnis, friends, and will be interested
in meeting my high school classmates familis in the
bayarea. The good thing is that my weight is still
at good shape with those parties.

Ran best race the past Saturday with 8:13 per mile,
better than my last race pace of 8:15. But I only ran
10 miles Saturday. Hopefully I can run 1 minute faster
March 9th with my 2nd half marathon in 2013.

And the big news is that I registeredCIM 2013
this year. This will be my first Marathon. And the
race date is Dec 8th. I still have 9 months for the
training.