Lock Watch for the Week of 5/28/2018

Mortgage and Lending with US Bank NMLS: 22343

Lock Watch for the Week of 5/28/2018



Last week saw some reprieve from the persistent selling and this week's GDP and jobs numbers could either counter or build the trend. 

Today, however, a special thank you to all those who have served our country. 


Economicalendar (all times are Pacific):

Mon, 5/28:       Memorial Day (markets closed). 

Tues, 5/29:       Consumer Confidence (7am). 

Weds, 5/30:     GDP and International Trade in Goods (5:30am).

Thurs, 5/31:    Jobless Claims and Personal Income and Outlays (5:30am).   

Fri, 6/1:        Employment Situation (5:30am) and ISM Manufacturing Index (7am).


10-Year Treasury History

2.93%     (Friday, 5/25)

3.07%     One Week Ago

2.96%     One Month Ago

2.21%     One Year Ago


The Highway 37 Outhouse

Ever driven from Novato to Vallejo on the 37?  Ever wondered about the outhouse in the middle of the salt marsh?

Richard "Fresh Air" Johnson, of the eponymous bridge in the immediate area, was a duck hunter and decoy carver who lived on a small ark moored in these tidal flats during the first half of the 1900's.  Sometime after he died in 1951, an admirer of his carvings moved his outhouse to the present location and installed a toilet (no, it can't possibly work...) as a modern art statement. 



Before I laughed too hard, I reminded myself that at least this humble man somehow earned a legacy.  His carvings are highly sought after, a piece of humorous artwork commemorates him and he's got a bridge that bears his name.  Not too bad for an Estonian immigrant who, by some firsthand accounts, never bathed.


Don't squeeze the Charmin,



Robert J. Spinosa
Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 Fax: 415-366-1590

Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960

Berkeley Office:  1400 Shattuck Ave., Suite 1, Berkeley, CA  94709

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate's Human Resources Department.


Guaranteed Rate. Illinois Residential Mortgage Licensee NMLS License #2611 3940 N. Ravenswood Chicago, IL 60613 - (866) 934-7283

Comments (11)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Have a wonderful Memorial Day - I hope you get some new clients this week! 

May 28, 2018 07:06 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Thanks for sharing this information....have a wonderful Memorial Day!

May 28, 2018 07:07 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Rob- I have never seen or heard of this work of art but I am in awe.  Who else could say that they will have that kind of legacy? 

May 28, 2018 03:20 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That is a priceless photo to accompany your weekly data, Rob!  Gotta love it!

May 29, 2018 04:50 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign


                   Thank you Rob!

Jun 02, 2018 05:57 PM
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Thank you for your post and for my lesson about Richard "Fresh Air" Johnson!

Jun 03, 2018 04:09 AM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

Haha, I love the story of Fresh Air Johnson. And I wonder how many people actualy tried to use the art work.

Jun 03, 2018 05:21 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Rob. The toilet is funny and I'll bet it has gotten more than photographed.

Jun 03, 2018 05:28 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Rob Spinosa all I can say is OMG.... with what that guy is carrying around, bathing would not help....

Jun 03, 2018 05:29 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Fresh Air Johnson....sounds like the air around him may not have been too fresh. LOL

Jun 03, 2018 11:57 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Rob

Well this was certainly an educational AND entertaining post! Love the photo of the outhouse. And the one of Mr. Johnson is, well, words escape me.


Jun 03, 2018 12:37 PM