Financial Update by Maurice Soussé

As we enter this last weekend before Christmas, may I extend a very Merry Christmas and Happy Holidays to you and yours. This is a joyous season and I hope your home is filled with laughter and fun.

Interest rates are flat this week after a downward trend early in the week. After FED chairman Janet Yellen spoke on Wednesday, the stock market rallied and for one of the biggest weekly gains in over two years (493 points). The 10 year T Bills crept up to 2.18% to end the week.

Rates are still fantastic and underwriting times are very quick right now as we enter the two holiday weeks.

May your home be warm, your holidays grand & may your heart be held gently by the Lord’s hands.

Merry Christmas