Guardian Quote of the Day: “Never travel faster than your guardian angel can fly.” – Mother Teresa

Possible Game Show Answer: Play-Doh started out as a wallpaper cleaner before the head of the struggling company realized the non-toxic material made a good modeling clay for children. And of course this blog would not be complete without some fun Play-Doh facts

This Week in Economic History: It was on April 22nd, 1889 when the cannons sounded at exactly 12:00 noon, and thousands of settlers rushed into what is now Oklahoma to claim cheap land previously set aside as Indian Territory. (*I imagine it looked very similar to the Walmart by my office opening on Black Friday.)

Wuss’up This Week: There isn’t much happening today (Durable Goods Orders) and tomorrow (Jobless Claims and Pending Home Sales) that can impact interest rates, but on Friday another slew of inflation reports. If you remember, it was a few weeks ago when a few bad inflation reports were released that caused rates to jump up. We all need to collectively pray to the rate gods that it doesn’t happen again on Friday.

Interest Rate Update: Today we find a conforming 30yr fixed rate in the upper-6s for loans at $250k or less, and from $251k-$766k they can be found in the low-to-mid-7s. For jumbo loans (*over $766k) they can be found around 8% for a 30yr fixed, and in the mid-7s for a 7yr ARM. As usual rates will vary based on type of home, equity in the home, your credit score, if you’re a first-time homebuyer, and if you like cooking tips

Don’t forget to Remember: Any purchase or refinance that closes with me I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that like renovations that can use this gift.

Guardian Quote of the Day 2: “The gender neutral term for sugar daddy is glucose guardian.” – @localEmoMom

Timeout for Trivia: Congrats to those who guessed Jason Momoa last week!

Want to be entered into a drawing to win a Got Any Grapes? T-shirt. Simply email me the answer to this week’s Who Am I? question. Good luck: Sing me Happy Birthday, Mortgage Fans – or heck, I can do it myself. Do you remember when I got my start on a show that could be renamed Yankee Icon? That was 22 years ago, and during that time I have never been the answer to the question in Barry’s Blog – I’ve been waiting for a moment like this for a long time, in fact it’s all I ever wanted. Besides singing, I like to act – do you remember my horrible, horrible movie in 2003 with a dude named Justin? Yeah…. That’s about it for my movies, but I do appear on TV – I’ve got my own daytime talk show that I’ve won an Emmy for, if you don’t like that show you could’ve turned on my prime-time show (2018-2021, 2023) and heard my voice too.”

The Adieu Mortgage Haiku:

We need guardians

To protect us from these rates

They will by August.

The first day I got my driver’s license I went to the Dairy Queen in Wilmette and scraped up the side of my Toyota Corolla against the dumpster in the parking lot. I remember shouting out the window, “Who puts a stupid dumpster in a parking lot?!” (*side note answer: every restaurant in existence). Then on the drive back with a burger in one hand and a Mister Misty in the other I lost control and hit the guardrail on the highway overpass – it was a helluva first day! When I got home I told my parents it was a hit & run (*only half a lie since I was the ‘hitter’) and they gave me the courtesy of pretending to believe I was telling the truth. To this day it wasn’t their best parenting move, but it got me through a rough start to my driving career. You know who else is a bad driver? Fed Chief Jerome Powell, he’s having a hard time driving these rates down! Last week’s inflation reports were rate-killers, this week’s economic data won’t be as painful, more about that below…

Driving Quote of the Day: “You never really learn to swear until you learn to drive.” – Robert Paul

Today in Economic History: It was on this date back in 1964 when the Ford Motor Company unveiled it’s newest sports car which they called the Mustang. This car became synonymous with both the Ford name and with American-made sports cars in general. Here are 14 fun facts about the Mustang.

Possible Game Show Answer: Adult cats only meow to humans, not other cats. Also, a little Barry Schwartz trivia, here is the first cat I ever had a crush on.

Wuss’up This Week: Reports about our economy are released into the wild every day, and it’s these reports that can sway interest rates in either direction. Today we’ve got the Fed Beige Book Report, tomorrow Jobless Claims and Existing Home Sales, and on Friday Chicago’s own Fed Prez Austan Goolsbee will be speaking. If these reports come in good for the economy you’ll see rates tick up, and vice versa if the numbers disappoint.

Interest Rate Update: Today we find the conforming 30yr fixed rates at around high-6s/low-7s for a loan at $250k or less. At $251k-$766k they can be found in the low-to-mid-to-upper 7s. For a Jumbo loan (*more than $766k) they are at 7.99% for a 30yr fixed and about a half a point less for a 7yr ARM. As usual rates will vary based on type of home, if you’re a first time home buyer, equity in the home, your credit score, and if you like to know about real people & events mentioned in hit songs.

Don’t Forget to Remember: Any purchase or refinance loan that closes with me, I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that like charming tattoos that can use this gift.

Driving Quote of the Day 2: “The Braille on the drive-thru ATM actually says, ‘Move to the passenger seat.’” – @hmmmwes

Timeout for Trivia: Congrats to those who last week guessed Dave Grohl!

Want to be entered into a drawing to win a Flying Skirt Tissue Box? Simply email me the answer to this week’s Who Am I? question. Good luck: “Aloha, Mortgage Fans! It was on this date in 2011 when the show I was a part of premiered on HBO, it ran for eight seasons and was nominated for 59 Emmy Awards. Way before that I made my acting debut on a lifeguard show (1999-2001), and then it was onto my series that ran on Syfy from 2004-2009. I think it was that series that garnered me enough attention to play the kind of superhero that was needed to play the DC character in my 2018 movie, and I must say I played the part a helluva lot better than Vincent Chase! Okay, last hint: My first name is the same name as a movie serial-killer, and if you added an S to my last name it would sound like a cocktail that consists of champagne and orange juice.”

The Adieu Mortgage Haiku:

Inflation reports

Are killing interest rates

We need deflation!

I’ve been writing this mortgage blog for 15 years. I pour my heart and soul into keeping you informed of interest rates, market updates, and anything that can have an impact on your financial life. I take great pride in this blog and the knowledge that I bestow upon you, my readers – and yet every time I publish this blog I never get questions about where I think rates will go, or housing trends. Every week it’s the same tired & predictable replies from you guys: When are you going to give us some snail quotes? How about a snail joke. When are you going to talk about snails? Honestly, it’s a little insulting, and I’ll never fully understand your obsession with snails! I am sick of your snail requests!! But… I am a man of the people and will give you – the readers – what you want. First, here’s the best snail joke ever created: A man hears a knock on his door, opens it up and sees a snail on the porch. He picks up the snail and WHIPS IT as far as he can. Two years later the man hears a knock on his door, opens it up, and sees the same snail who says, “What the hell did you do that for?!” You know what else is moving at a snail’s pace? The Fed lowering interest rates. They raised them 11 times between March 2022 and July 2023 in efforts to combat inflation. The Fed has announced they will ‘probably’ make three quarter-point cuts by the end of this year, but first want to see more positive data about inflation receding before making the move. They’ve got six more opportunities to cut rates this year, starting with its next meeting at the end of April. I’m still sticking with my prediction of the first cut coming this summer. We shall see, Mortgage Fans…

Snail Quote of the Day: “However tired you are, whatever the distance is, move to your target! Even if you move as slow as a snail, you will get there! Move! Either fast or slow, just move!” – Mehmet Murat Ildan

Today in Economic History: It was on this date in 1947 when Brooklyn Dodgers GM Branch Rickey purchased the contract of Jackie Robinson, who went on to become the first African American to play in the Major Leagues.

Possible Game Show Answer: Turkeys (the birds) were named after Turkey (the country). And with that here are some fun turkey facts

Wuss’up This Week: Today we’ve got four reports about inflation along with the minutes being released from the Fed’s FOMC meeting. On Thursday we have three more inflation reports along with a handful of of Fed Presidents speaking, and on Friday the Consumer Sentiment Report. As usual if these numbers come out good for the economy you’ll see rates tick up, and vice versa if the numbers disappoint.

Interest Rate Update: We’ve seen a slow increase in rates over the past few weeks, don’t let that throw you, Mortgage Fans, they will come down. Today a conforming 30yr fixed is around 6.50% for loans at $250k or less, and high-6s/low-7s at $251k-$766k. Jumbo 30yr fixed at 7.99%, but don’t sleep in the ARMS – a 7yr is coming in today at around 7.50%. As usual rates will vary based on type of home, equity in the home, if you’re a first-time home buyer, your credit score, and if you liked pre-internet rumors

Don’t Forget to Remember: Any purchase or refinance loans that close with me I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or cool photographers that can use this gift.

Snail Quote of the Day 2: “’Appearances can be deceiving’ said my fortune cookie message; then I realized I’ve cracked open a snail.” – @emirkr

Timeout for Trivia: Congrats to those who last week guessed Kristen Stewart!

Want to be entered into a drawing to win a Hot Dog Pen? Simply email me the answer to this week’s Who Am I? question. Good luck: “It was on this date in 2014 my band was inducted into the Rock ‘n Roll Hall of Fame – this brought me much peace and happiness. The lead singer of that band had a sweater that sold for $137,500. Let’s focus on me though because I’ve got another band that was inducted into the Hall of Fame in 2021 (thank you, Sir Paul), and that band’s name sounds almost like a two-word sentence John Belushi shouted out in Animal House. Final hint: An anagram for my name is Hard Glove.”

The Adieu Mortgage Haiku:

Snails are just like rates

They will move at their own pace

Patience, Mortgage Fans…

Milk Quote of the Day: “In Hollywood, a marriage is a success if it outlasts milk.” – Rita Rudner

Today in Economic History: It was on this date in 1974 when President Nixon agreed to pay back taxes of $432,000 after word leaked that he had been dodging the full income tax on his $200,000 salary. And with that, Mortgage Fans, this is the official two-minute warning to file your taxes by the 15th.

Possible Game Show Answer: George Washington had only one tooth remaining in his mouth when he was sworn in as president in 1789. (*Washington, unlike most Americans, probably didn’t take the time to take care of his teeth. Did you know that we will spend over 38 total days in our lifetime brushing our teeth )

Wuss’up This Week: This is always a big week for interest rates because of the economic news on employment. Today we’ve got the ADP Employment Report (expected: 158k new jobs), tomorrow Jobless Claims, and Friday’s biggie the US Employment Report for March (expected: 200k new jobs and unemployment rate to dip from 3.9% to 3.8%). Also over the next few days a slew of Fed Presidents are speaking including Fed Chair Jerome Powell today at noon.

Interest Rate Update: Today we find 30yr fixed rates at around 6.375% for loans at $250k or less, and for loans between $250k-$766k they are ranging from the high-6s to low-7s. Jumbo loans are still high-7s for 30yr fixed and low-7s for a 7yr ARM. As usual rates will vary based on if you are a first time homebuyer, type of home, equity in the home, your credit score, and if you like old historic pictures

Don’t forget to Remember: Any purchase or refinance that closes with me I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that like porcupine facts that can use this gift!

Milk Quote of the Day 2: “Yogurt (yoghurt, yogourt, yoghourt) is the Megan (Meghan, Meagan, Meaghan) of fermented milks.” – @mela_shea

Timeout for Trivia: Congrats to those who correctly guessed Lady Gaga last week!

Want to be entered into a drawing to win a Curious George Save the Trees T-shirt? Simply email me the answer to this week’s Who Am I? question. Good luck: “My movie was released on this day in 2009 and it was quite an adventure! My castmates included a guy who is definitely (or maybe) the sexiest man alive, and a guy whose first name could be a girl’s first name too but if you saw his pic on Facebook you’d know he was a man. My first name is a girl’s name, but my last name is a guy’s name and that shouldn’t confuse you because I identify as bisexual. I’ve been acting all my life and I’m still young, so to say I’m in the twilight of my career would be wrong and right at the same time. I can talk and look tough (see my Rolling Stone interview) but trust me – I’m a princess and an angel.”

The Adieu Mortgage Haiku:

How is milk like rates?

They will be lowered shortly

And that is good moos!

Angry Quote of the Day: “When angry, count to four; when very angry, swear.” – Mark Twain

Today in Economic History: It was on this day in 1863 when Sir Henry Royce was born. Royce was an engineer who in 1904 unveiled his first luxury automobile. His first line of cars caught the eye of dealer C.S. Rolls who ended up buying the first line of Royce cars; and after two years they merged into Rolls-Royce Ltd. What’s the most expensive car in the world, you ask? The Pagani Huayra Codalunga which is valued at $7-million dollars, and worth $6,986,000 more than my first car the Toyota Corolla.

Possible Game Show Answer: the sum of all the numbers on a roulette wheel is 666.

Wuss’up This Week: Every day reports about our economy are released into the wild, and it’s these reports that can sway interest rates in either direction. Not much happening today but tomorrow we’ve got the Consumer Sentiment Report and Pending Home Sales, and on Friday four inflation reports as well as Fed Chair Jerome Powell speaking. As usual, what Mr. Powell says – or doesn’t say – can impact rates, as well as the inflation reports.

Interest Rate Update: Today we find a conforming 30yr fixed rate at around 6.50%-6.75% for any loan at $250k or less, and from $250k-$766k they are ranging from the high-6s to low-7s. Jumbo 30yr fixed (*over $766k) are in the high-7s for a fixed rate and low-7s for an ARM. As usual rates will vary based on type of home, equity in the home, your credit score, and if you like strange things

Don’t Forget to Remember: Any purchase or refinance loan that closes with me I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that like to travel light and smart that can use this gift!

Angry Quote of the Day 2: “I think I start my day angry because I’m forced to see myself naked.” – @thesulk

Timeout for Trivia: Congrats to those who last week guessed Sharon Stone!

Want to be entered into a drawing to win a Cheeto Genius T-shirt? Simply email me the answer to this week’s Who Am I? question. Good luck: “Tomorrow is my birthday and I’m gonna sing the birthday song all by myself! I’ve got a fun stage name, and there’s no doubt that my real first name is the last name of a 90s rocker! I like to act, did you see me in October 2015 when I starred as a hotel owner on an FX series? How about my 2018 movie which could also be titled A Celestial Body is Birthed, and starred a guy who drank too much in a 2009 movie. Lefts shift to my singing: the dude that writes this blog thinks I am the only person to sing the National Anthem at the Super Bowl as well as headlining the halftime show of another Super Bowl. I know – it’s very impressive and I’m super-talented. What’s that? Don’t call me shallow!”

The Adieu Mortgage Haiku:

Angry about rates?

They will come down this summer.

Patience, Mortgage Fans…

Tomorrow Quote of the Day: “Remember, today is the tomorrow you worried about yesterday.” – Dale Carnegie

Weekly Economic Insights: Historical Coin Facts and Fed Decision On Interest Rates

This Week in Economic History: It was on March 23rd, 1836 when the U.S. Mint, in keeping up with the latest technology, began using a steam-powered press to make coins. Okay, I know what you’re thinking, What a boring fact! Geez, give me a break – not every historic economic week is epic. Let me make it up to you with these 12 fun facts about coins

Possible Game Show Answer: The average cumulus cloud weighs roughly 1.1 million pounds.

Wuss’up This Week: The Fed will give their decision on whether to lower rates now, or wait until the next meeting. (Vegas odds have it at no rate cut this week. By ‘Vegas’ I mean “me” and by “rate cut” I mean “rate cut”) After that decision at 2:00pm, Fed Chair Powell will have a press conference; it’s what he says at this conference that can drive rates up or down. The only other thing of importance this week (besides my decision to get Potbelly’s or Panera today) will be the Existing Home Sales report being released tomorrow.

Current Mortgage Rates: March Update for Various Loan Amounts

Interest Rate Update: Today we find conforming 30yr fixed rates in the mid-to upper 6s for loans at $250k or less, and high 6s to low – to – mid 7s on loans $250k-$766k. For jumbo loans (*over $766k) in the upper 7s for 30yr fixed and lower 7s for ARMs. As usual rates will vary based on type of home, equity in the home, & your credit score.

Additional Read: Ways To Improve Your Credit Score

Special Offer: $450 Lender Fee Waiver for Your Mortgage Closing!

Don’t Forget to Remember: Any purchase or refinance loan that closes with me, I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that appreciate great ads that can use this gift.

Tomorrow Quote of the Day 2: “Don’t worry about the world coming to an end today. It’s already tomorrow in Australia.” – Charles Schulz

Timeout for Trivia: Congrats to those who last week guessed William H. Macy!

Win a Retro Frosted Flakes T-shirt! Answer This Week’s Movie Trivia Challenge!

Want to be entered into a drawing to win a retro Frosted Flakes T-shirt? Simply email me the answer to this week’s Who Am I? question. Good luck: My movie was released on this date back in ’92 and I wasn’t too happy with how it was edited, and I’m sure my parents weren’t either. But hey, let’s celebrate because I earned a Golden Globe nomination for Best Actress in that movie. You know who else was in that movie? A guy that was close to getting killed in his Sept ’87 movie (*play on words in that sentence, Mortgage Fans). I’ve made some bad movies too – do you remember my movie with Dennis Quaid, or the year after with Halle Barry (some critics call that one the worst movie of all time). I also like TV – I made some guest appearances on The Practice (2004, I won an Emmy for this one) and Law & Order: SVU (2010), and I liked my 2020 Netflix thriller because my character was kind of cuckoo.”

The Adieu Mortgage Haiku:

Today’s rates are good

Just like my trivia prize

Tony says, “They’re Greeeeeat!”

Economic Recap: Historical Insights, Trivia, and Market Outlook

Happy Quote of the Day: “Most folks are about as happy as they make up their minds to be.” – Abraham Lincoln

Today in Economic History: It was on this date back in 1812 when on the eve of war with Britain, President James Madison – in efforts to raise some capital for the war – convinced Congress to approve the very first war bond, for some $11-million dollars.

Possible Game Show Answer: Blood makes up about 8% of your total body weight. (*this just in: Lucky Charms make up close to 50% of mine.)

Wuss’up This Week: Before we look at this week, let’s reminisce back to last week when Fed Prez Jerome Powell said, “Inflation is not far from where it needs to be for the central bank to start cutting interest rates. I think we’re in the right place.” Mmmhmmm… yup! I wholeheartedly agree, sir! Hey, speaking of inflation we’ve got four inflation reports coming out tomorrow, along with U.S. Retail Sales report, and then on Friday the Consumer Sentiment Report. As usual if these reports come out good for the economy you’ll see rates tick up, and vice versa if the numbers disappoint.

Interest Rate Snapshot: Current Rates for Various Loan Types

Interest Rate Update: Today we find conforming 30yr fixed rates in the mid-6s for loans at $250k or less, and mid-6s to lower-7s on loans $250k-$766k. For jumbo loans (*over $766k) in the upper 7s for 30yr fixed and lower 7s for ARMs. As usual rates will vary based on type of home, equity in the home, your credit score, and if you know an animal that looks like food

Special Offer Reminder: $450 Lender Fee Waiver on Purchase or Refinance Loans!

Don’t forget to Remember: Any purchase or refinance loan that closes with me, I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people that like 90s bands’ names that can use this gift

Happy Quote of the Day 2: “I just want to be as happy as a character in the first half of a horror movie.” – @meganamram

Timeout for Trivia: Congrats to those who last week guessed Dave Franco!

Guess the Celebrity Trivia Contest: Win an “I Love the 2000s” Poster

Want to be entered into a drawing to win an I Love the 2000s Poster? Simply email me the answer to this week’s Who Am I? question. Good luck: It’s my birthday today and I’m kind of old, it’s been years since I graduated from Goddard College. I know what you’re thinking, ‘He would never let his kids go to a college no one has ever heard of.’ Listen, you’ll have to talk to my wife about that, and that’s all I’m going to say. I like starring in movies, do you remember my 1996 film that earned me an Oscar nomination for best actor, eh? More recent films include my 2007 film with three other guys as costars (a home repair guy, a disco dancer, and a bad boy) and my 2011 movie with a handsome man as the lead that can be retitled The Car Legal Advisor. Last hint: an anagram for my name is All Way Mimic.”

The Adieu Mortgage Haiku:

What makes you happy?

For me it’s always low rates

Oh, and Lucky Charms!

The Stray Cat And The Waiting Game For Fed Rate Cuts

There’s a stray cat that comes by my house every once in a while. A few weeks ago we were eating dinner and saw him outside the window by the front door. I told my wife I was going to give it a little food, to which she replied, “Don’t you dare feed that cat! He’ll be here every day looking for food.” I nodded and left it at that. If my life were a movie it would’ve cut to the next scene where ‘5 minutes later’ would flash onto the screen and the audience would be watching me secretly feeding the cat some leftovers while my wife was safely distracted by one of her bad reality shows. My wife was right though, ever since that night he’s here every day around dinner time. Last night he showed up and I said to my wife, “That cat again? You fed him, didn’t you?!” because as every husband knows – the RDS (* Reverse Distraction Strategy) is the best way to stay out of trouble. (*to the 8,412 people this blog goes to, let’s keep this just between us, okay? No need for Lana to find out.) In the meantime, we’re still waiting for the Fed to feed us any kind of positive breadcrumbs that they’ll be lowering rates soon, and like that cat we’ll be showing up every day…. and waiting….

Cat Quote of the Day: “Women and cats will do as they please, and men and dogs should relax and get used to the idea.” – Robert A. Heinlein

Historical Insights: FDR’s Bank Holiday and White House Pool Trivia

Possible Game Show Answer: The White House Press Briefing Room was built over what used to be an indoor swimming pool, which was installed for Franklin D. Roosevelt in 1933. (*This is from ten years ago but I still think it holds the record: Here’s a house in Utah with the biggest pool on record)

Weekly Economic Outlook

This Week in Economic History: It was on March 5th, 1933 when in his second day in office, FDR declared a bank holiday that would close all the nation’s banks for four days, allowing them to rejuvenate from the frenzy of withdrawals during the Great Depression.

Wuss’up This Week: Every day reports about our economy are released into the wild, and it’s these reports that can sway interest rates in either direction. This week it’s all about jobs, starting with the ADP Employment Report today (expected: 150k new jobs), tomorrow Initial Jobless Claims (expected: 218k), and Friday’s biggie the Employment Numbers for February (expected: 210k new jobs). Also this week we have some Fed Presidents speaking, including Fed Chair Jerome Powell who will testify to Congress about their plan on whether to lower rates or not. Lots of fun stuff!

Current Mortgage Rate Landscape: Conforming, Jumbo, and ARM Rates

Interest Rate Update: Today we find a conforming 30yr fixed rate in the mid-to-upper 6s for a loan of $250k or less, and upper 6s-low-7s for loans $250k-$766k. Jumbo 30yr fixed (*over $766k) can be found… still high! But don’t forget the ARMs as they ate in the mid-6s. As usual rates will vary based on type of home, equity in the home, your credit score, and if you live in one of the 25 happiest cities in America

Additional Read: How Does Refinancing a Home Work?

Special Offer: $450 Fee Waiver on New Loans

Don’t Forget To Remember: Any purchase or refinance loan that closes with me I will waive $450 in lender fees! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people who think a cow started the Great Chicago Fire of 1871 that can use this gift.

Cat Quote of the Day 2: “If they could, cats would correct your grammar.” – @bazecraze

Timeout for Trivia: Congrats to those who last week guessed Woody Harrilson!

Guess the Actor Contest: Win an Accountability Banana!

Want to be entered into a drawing to win an Accountability Banana? Simply email me the answer to this week’s Who Am I? question. Good luck: “My film was released on this date in 2015 and it bombed here and probably in Germany too. An anagram for my name is ‘Dance Favor’ but there are Lego characters that can dance better than me. Anyway, screw dancing, I’m an actor! And yeah, my brother is the more famous actor than me, and hell – even my cheesy wife is a more famous actor – and she’s beautiful, men are crazy about her, but let’s bring this back to me. I’ve been in lots of movies – do you remember my 2012 movie that could be retitled Blackjack Leap Road? Or my 2007 and 2014 movies with Seth Rogan? My favorite movies were my 2013 film and the sequel in 2016 – you saw me in those, right?”

My favorite sportswriter, Peter King, retired last week. He ended every article with a haiku about the NFL and what was happening at that time. In his honor I will attempt to end every blog with a haiku as well, not sure how long it will last but here goes…

The Adieu Mortgage Haiku:

Wednesday the Fed speaks!

Give us some good news, Jerome –

It’s time for refis!