Financial Update by Maurice Soussé

Interest rates are holding steady from last week, but, we may see a bump in an hour or two as manufacturing numbers were just released and the government slowdown had no effect. This pushed the 10 year treasury yield way up today to 2.63%. We had decreasing rates on Wednesday and Thursday and have now given all of that back. I hope we don’t jump too much higher. It is a great time for buyers to lock in on those new purchase loans as we can always float down the rate.

Do you like to laugh? It is probably the most healing bodily function we possess. Milton Berle said “Laughing is an instant vacation.” Watch a great comedy this weekend think about how great it makes you feel.