After losing a whopping 88bps yesterday, the bond has rallied back to high of 72bps as of 9:05 this morning. Visa is set for it's IPO which is expected to be the largest ever in the USA. Morgan Stanely's quarterly profit is down, but still beat the estimates. Who are these people who do the estimates? I want to meet one of these guys. Oh, the other guy, I want to meet is the SOB that keeps buying oil futures and driving the cost per barrel so high and making it more expensive at the pump.
I am sure that there is a huge correction in there somewhere for those guys. I can only hope. Hey, don't get me wrong. I am for profit as much as the next guy, but come on enough is enough. Hey, why the heck can't we drill in the Gulf and Anwar? If we found oil here in Michigan City. I'd be all for drilling here. I do not want to give gov't subsidies to these people ever. Make them do it on their own and they will get it to market faster. Instead of them getting fat on our tax dollars.
I am going to float at this point. We are seeing a good run-up, but you know the market is like the weather in Chicago. If you don't like just wait a minute and it will change. As I finish typing this, we have alredy dropped 10bps to 62bps. Will the madness ever stop? I am joking of course.
If you know someone that has an ARM and is about to adjust chances are I can get them in a lower rate than the ARM they have now or dang close to it.
Dave Woodson - your mortgage consultant for life
Setting a higher standard & and the only castle you are going to save is theirs, but I will help you keep your home.
www.indigofg.com & www.uwinfin.com
Spring will bring an influx of new home buyers from Chicagoland since their taxes are going up and ours down:)
Sincerely,
Grace