Financial Update by Maurice Soussé

Interest rates are still flat from last week as the 10 year treasury bonds continue to hover at about 1.6%. The jobs report came out today showing a better than expected unemployment number. Non-farm payrolls came in at 146,000 new jobs versus the 93,000 new jobs estimated. The Fiscal Cliff debacle still looms in the distance which is why the rates did not shoot up.

Our 30 year fixed rates are hovering in the low 3’s with various point options, and even breaking into the 2’s with some heavily paid points. Fixed rates truly are incredible.

As sales people we all have difficult days. I read a great passage this morning that rings true for us all. It reads “Don’t live in the past, thinking about mistakes or changes you made. Think of your life as a book, move forward, close one chapter and open another. Learn from your mistakes, but focus on your future, not on your past.”

I hope you have a blessed and productive weekend. Let us know if we can help in any way.
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