July 22, 2020 By Barry Schwartz

Dinner Quote of the Day: “We sleep in separate rooms, we have dinner apart, we take separate vacations – we’re doing everything we can to keep our marriage together.” – Rodney Dangerfield

Self-promotion! Hey Mortgage Fans, I’ve been nominated as the Loan Officer of the Year and need your help because I have not been nominated for anything since I won 6th grade Student Council Treasurer election (*I was in charge of a $42 budget). Scroll down towards the bottom and feel free to vote for yours truly

Did’ja Know: In Scotland it’s tradition for people to paint their front door of their house red once they’ve finally paid off the mortgage. (*side note: only 23 more years until I buy that red paint)

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 a whole lot happening this week though as we have the FHFA House Price Index combined with a 5-Year Note Auction today, and tomorrow Durable Goods, Jobless Claims, and New Home Sales. Good news about the economy will push rates up, and vice-versa if the news isn’t that great.

Interest rates remain on their 4-month high but they are still beautiful, Mortgage Fans. A 30-year fixed rate today will range anywhere from 3.75% – 4.125% with adjustable rate mortgages a very small sliver lower. As usual rates will vary based on type of home, equity in the home, your credit score, and if you know a baby name that’s been outlawed.

Don’t Forget to Remember: Any purchase or refinance loan closing with me between now and Dec 31st I will waive $500 in closing costs! Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or hotel safe crackers that can use this gift.

Dinner Quote of the Day 2: “A ate a gluten-free lactose-free low carb pizza for dinner tonight. (it was a raw tomato)” – @samir

Timeout for Trivia: Congrats to those who last week guessed Penny Marshall. Want to be entered into a drawing to win a Weightlifter Toothpick Dispenser? Simply email me the answer to this week’s Who Am I? question – good luck: “It’s my birthday today so feel free to buy a present for People’s Sexiest Man Alive 2010. I’ve definitely still got my good looks, and with a little luck maybe I’ll continue to be handsome for many years to come. If my looks do fade I can always don a mask – y’know I’m one of the few actors to headline films based on both Marvel and DC characters. Personally I am married to a woman that does not start rumors (despite the title of her 2007-2012 drama show) and who I consider the sexiest woman alive (is that a play on words?)”

About The Author

Barry_Schwartz

Barry Schwartz

Originally from Wilmette, Illinois, Barry graduated from the University of Kansas in the late 80s and started working for Perl Mortgage in 1998. Barry's drive and motivation came from his first home buying experience. His dedication to clients has helped Barry win industry recognition and rankings in the Top 40 Under 40 and Scotsman Guide Top 200.

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