Financial Update by Maurice Soussé

Happy Friday,

Interest rates are looking great this week. How about a 30 year fixed at 3.5%. Does that do anything for you??

The jobs report came out today with an increase to jobs in December of approximately 325,000 new jobs created (per ADP), but, the bond market doesn’t seem to care. Bond traders are still more worried about Europe and the strength of the financial institutions there.

If you have a moment, pop open the attached rate sheet. The jumbo mortgages are extremely low as we have a purchase special going on 30 year fixed jumbo rates. We are offering a .25% better than refinances on this program. Great stuff!!

Being a great baseball fan I can relate to this: “Progress always involves risks. You can’t steal second base and keep your foot on first”

Have a blessed weekend and let us know if we can help in any way.

Rates 01-06-2012, The Sousse Group, Luxury Irvine Condos