Years ago I was in line to pay at Whole Foods and the cashier pointed to all the boxes of baby wipes I was buying and said, “Twins, right?” I’m a germ freak and have baby wipes in almost every room in the house but I didn’t want her to think I was weird so I told her, “Yeah, great guess.” Ever since then when she would be the grocery checker she’d say to me, “How are the twins?” and I’d have to make up stories about what they were up to and why there were no pictures of them on my phone. It got to the point where I would avoid her line even if it was the shortest one. And sometimes I would see her come back from break, see me in line, and take over for the checker. I think she knew I was lying but it was one helluva chess match. Every question she threw at me I had an answer. “What are their names?” Henry and Parker but we call him Porker because he eats so much. “What do they like to do for fun?” What do they not like to do – haha! “You’re not buying wipes today?” My parents took them to Disney World.
I’m hoping one of us will move soon, it’s exhausting living a lie. So… my PSA for the day – it’s always easier to tell the truth. (* which seems funny to say as the election heats up).
Lying Quote of the Day: Regardless of how far a person runs, a lie will eventually catch up to them.” – Donald L. Hicks
This Week in Economic History: It was on Sept 5, 1882 that Labor Day began. While many think it was created to honor women who give birth (*not many, just me up until about 8th grade) it was really a day created to honor laborers. The first Labor Day showed the growing power of the union movement.
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. Being the first week of the month it’s all about jobs as today we have the ADP Employment Report, tomorrow Initial Jobless Claims, and on Friday the biggest of the three – Nonfarm Payrolls combined with the Unemployment Rate (last month unemployment was at 10.2%, this week the forecast is a drop down to 9.8%). If these reports come in better than expected you’ll see interest rates tick up and vice-versa if the numbers disappoint.
Interest rates continue to yo-yo. We saw them go up two weeks ago on Fannie’s announcement that they were going to start taxing refinances, then delayed their September 1st tax until December which helped rates drop a little last week. In my opinion this gives us until around beginning of October until the banks will bake that tax into their rates. In the meantime… a 30yr fixed conforming rate (*that’s for any loan at $510k or less) can be found anywhere from 2.625% – 3.375%, and jumbo 30yr fixed rates in the low-3s. As usual rates will vary based on if it’s a purchase or refinance, type of home, equity in the home, your credit score, and if you like the view out of other people’s windows.
Don’t Forget to Remember: Any purchase or refinance loan that closes with me I will waive $575 of lender fees (*and more for essential workers or the dude who let me merge into his lane today). Grab yourself a cup of instant karma and pass my info along to any friends, family, coworkers, or people who like movie remakes better than the original.
Lying Quote of the Day 2: “I told an 18yo the other day that I used to get Netflix delivered to me in the mail and I’m pretty sure he thought I was lying.” – @JonAcuff
Timeout for Trivia: Congrats to those who last week guessed Melissa McCarthy. Want to be entered into a drawing to win Vinyl Record Dominoes? Simply email me the answer to this week’s Who Am I? question. Good luck: “It’s my birthday today and an anagram for my name is ‘A Severe Nuke.’ I’ve never appeared in any movies about nuclear weapons but I have made a handful of movies that bombed. (see: Chain Reaction, Even Cowgirls get the Blues, and a movie about an out of control boat.) But for every bad movie I’ve had some great ones. Do you remember my ’94 movie rescuing a Ferris Bueller actor from a form of transportation we were in control of but not really. Or how about my ’89 movie that involves a phone booth, or maybe my most successful film in ’99 that popularized a visual effect known as “bullet time” which shows the character action in slow motion while the camera appears to move through the scene at normal speed.”
