Good morning, this is Sarah Eubanks reporting to you from Oregon City's very own Hill Valley Financial Services.  Today's weather interest rates look to be bright and sunny.  However, there is a high pressure wind blowing in from the East threatening to bring rain and an increase in interest rates right along with it!

This is my riddle for the day, and I would love to have your input.  How are Mortgage Professionals and Meteorologists alike?  While on the surface, they may seem unrelated to you, I have had several thoughts lately which have led me to this admittedly random post.

Just to get us started, let me draw a few comparisons for you.  Again, I would love to hear your input, so go ahead and add your insight!

First of all, when the rain/snow/sleet/tornadoes/hurricanes are coming, no one likes to hear what the Meteorologist has to say.  Sometimes, they even ignore the forecast for certain disaster.  Likewise, we Mortgage Professionals are not well liked when the interest rates are creeping up.  When we phone our past Stated income borrowers to warn them of the impending demise of the Stated product...they may not take our warning with sincerity.  Conversely...the sun is shining, the interest rates are good...Mortgage pros and Meteorologists alike are our friends.

Number two...Neither professions have the ability to change the forecast.  The economy is slumping...the sunny skies are turning to stormy climates.  We are as helpless as the next guy.  We just wish that people would stop "shooting the messenger".  We are doing our jobs and preparing people the best that we know how to. 

This leads me to my third conceptual likeness.  We cannot forecast perfectly.  So, the skies are cloudy and we forecast sun.  Or interest rates are up and we had thought they would go down.  Uh-oh!  No one wants to be wrong...especially us.   We are educated, we look at historical facts along with current conditions and we make our best hypothesis for the future of the weather interest rates.  The bonds are down, the stock market is soaring.  It is the same as the high pressure of clouds or the East Winds bearing down.

Either way, Meteorologist or Mortgage Professional ~  unless it is summer and beautiful, the high pressure is on.  It is on us.  But you know what?  We can handle it.  We were and are meant to stand and weather the storms, knowing that the sun is going to come out again someday.  And when it does, we will be right there to enjoy it along with everyone else!

This message has been brought to you by Sarah Eubanks and Hill Valley Financial Services.  We want to be your Mortgage Specialists for life!  So please call 503-442-1349 for a more specific and detailed forecast on your home purchase or refinance!