Rescue Plan Ready, Sept 25th Mortgage and Financial Market Update

Hello Friends, Well it sure isn’t hard to have content for a short video every day right now, definitely not a lack of financial news to report. It looks like both political parties were actually able to agree on something during an election time which is probably the most news worthy story of today. The rescue plan should be voted in as early as Tuesday. Unfortunately due to the high level of damage already done to the markets, this is not the miracle pill nor may it accomplish all that our government is hoping it will. But the flip side of this rescue plan doesn't sound like there was an option unless we wanted to shut the global economy down. With other economic reports coming out this morning supporting the magnitude of this crisis when initial jobless claims had the highest reading in 7 years and when durable goods orders that typically require credit to purchase drops by 4.5% versus the expected 1.3% drop, something needs to happen. Please watch the video for further details! Be Blessed!