Mortgage Blog

I have a feeling that the current rates are about at the
short term bottom. It might go up a little bit from here
after more inflation data. But still it is up to change
subject to the data.

There are some tricks about the ARM rates recently.
It is hard for the borrower to change from 5/1 ARM
to 7/1 ARM if the rate is not lower. So the borrowers
have to either stuck with the current rates or have to
a cash-out loan. I indeed helped a few borrowers
to refinance to the 7/1 ARM with around 3.125% rates.

For the running, my weekly/monthly mileage started
increasing. For the month of May, I already had the
monthly mileage of 203.5 miles, with two weeks over 50 miles.
And for June, the total miles are expected to be 210
with two weeks above 50 miles too. And my speed is
a little bit faster as well.

It is good to keep reading. It's my first time
to know the word hedonic treadmill, from the wall street
jornal article: Life Advice for the class of 2014.
Its real meaning is not about running at all:
It is the supposed tendency of humans to quickly return
to a relatively stable level of happiness despite major
positive or negative events or life changes.According to
this theory, as a person makes more money, expectations
and desires rise in tandem, which results in NO permanent
gain in happiness.