Mortgage Blog

The rate went up a little bit, what should we do?

October 21st, 2014 2:28 PM by Eric Fang

Last week, there were a few friends asked me about the rate
trend and I told them to lock the rate if they can.

Basically the us economy is not bad based on last week's initial
unemployment benefits claims. I know it's not that good either, but 
that's the reason the rate went down. If  we expect new lower rates,
we need bad news. But who will need the bad news?

The oil price was down too. This will screw up Russia. I know EU and USA tried the best to sanction Russia. And the lower oil price is one
of the best strategies they can try. Anyway, low energy price will benefit the economy. So we should see slightly improved jobs, better economy.

Anyway, it's interesting if my blog does not talk about running now. I have a runner friend in the club, who will turn 60 this month. And what he tries to do or to celebrate is to run a miler under 6 minutes.
Let's see whether he could do it tonight. Good luck.

But he did write in the email how important is the running to his life, his struggles after the injury and the aging. And I related to my running, I would think I will still be "young" if I can still run faster. Is not it? 
Posted in:General
Posted by Eric Fang on October 21st, 2014 2:28 PM



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