Thursday, November 6, 2008

11/06/08-Market update

30 year fixed rates for the day:

6.375% @ 0 points ( 6.193% APR )



30 year fixed FHA rate for the day:

6.5% @ 1 point ( 6.623% APR )

News for the day: 'Underwater' Need Not Mean Foreclosure’
Why Most People Who Owe More Than a Property's Worth Will Still Keep Their Homes http://online.wsj.com/article/SB122583941535198573.html?mod=googlenews_wsj
Motivation for the day: The Richest Man in Town is a true story that captures the important things in life in an unforgettable way. It is beautifully written and will make you laugh, make you cry, but most importantly, will make you reflect on what life is about.

http://www.richestmanmovie.com

Free Tool of the day: Skype is a great way to communicate. It is a free web conference tool. Sign up and include me as your friend then we can talk for free on see each other. www.skype.com my username: hughvanhorn

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