Lock Watch for the Week of 6/11/2018

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Mortgage and Lending with Guaranteed Rate, Marin County, CA NMLS: 22343

Lock Watch for the Week of 6/11/2018

 

Volatility-O-Meter:

This week could go nuclear, no pun intended.  The week will start with the world making sense of what happened at G7, then figure out what will happen with North Korea, then watch the Fed raise rates, all the while with a backdrop of shifting sands in Europe.

 

Economicalendar (all times are Pacific):

Mon, 6/11:       3-Yr Note Auction (8:30am) and 10-Yr Note Auction (10am). 

Tues, 6/12:       CPI (5:30am) and 30-Yr Bond Auction (10am).   

Weds, 6/13:     PPI (5:30am) and FOMC Meeting Announcement (11am).

Thurs, 6/14:    Jobless Claims, Retail Sales and Import/Export Prices (5:30am).   

Fri, 6/15:        Empire State Mfg Survey (5:30am), Industrial Production (6:15am) and Consumer Sentiment (7am).

 

10-Year Treasury History

2.96%     Today's Open

2.91%     One Week Ago

2.97%     One Month Ago

2.21%     One Year Ago

 

Leonard Skinner

Back in the 1960’s there was a gym teacher at Robert E. Lee High School in Jacksonville, FL, who, it is reported, harassed with great enthusiasm the male students that listened to rock and roll music and wore their hair a bit too long for his liking.  Several of this student body demographic did what any rebellious high schoolers might do in return, they created a series of running jokes to lampoon Skinner.  This, in and of itself, is not unusual.

 

After Skinner retired from teaching he became a real estate agent (go figure) and the owner of a couple of bars in the Jacksonville area. 

 

After the students graduated (though I can't verify that they all did), they went on to form southern rock band Lynyrd Skynyrd.

 

Free as a bird,

 

 

Robert J. Spinosa
Vice President of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959 Fax: 415-366-1590
rob.spinosa@rate.com

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

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Lee Potts 06/11/2018 05:15 PM
Topic:
ActiveRain Community
Location:
California
Groups:
Realtors®
The Lounge at Active Rain
Mortgage Bankers
Local Expert
Bananatude
Tags:
interest rates
home loan
economy
rates
interest
expert
fomc
california
mortgage
rob spinosa

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Rainmaker
1,290,344
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

"Free as a bird"... if they only knew! 

Jun 11, 2018 08:45 AM #1
Rainmaker
1,977,799
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Leonard Skinner was pretty incredible and did great things with his life after retiring from teaching. Thank you for sharing. I sure hope they didn't change the name of that High School.

Have a great day!

Jun 11, 2018 08:54 AM #2
Rainmaker
2,493,045
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

The stock market remained fairly flat today.  I suspect tomorrow may have potential for volitility based on what happens at THE SUMMIT.

Jun 11, 2018 04:28 PM #3
Rainmaker
199,053
Lee Potts
Aloha Group Maui - Lahaina, HI
The smarter we work, the luckier you get.

Great Photo!!

Jun 11, 2018 05:06 PM #4
Rainmaker
729,623
Jane Chaulklin-Schott
TEAMCONNECT REALTY - (407) 394-9766 - Orlando, FL
TeamConnect Luxury Homes - Orlando, Florida, 32836

Hi  Rob Spinosa, interesting post;  I came over from a reblog by .   Wishing you a great day.

Jul 13, 2018 02:41 PM #5
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Rainmaker
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Rob Spinosa

Vice President of Mortgage Lending, Marin County
Can I Get a Jumbo Loan with 10% Down?
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