Never mess with a 8 handed ninja.
I hope everyone enjoyed their halloween. I know I did. At least I had something to celebrate before becoming hobbled with my ACL reconstruction surgery. Here are a couple of nuggets I have found just surfing the net in my bed-idle time.
Looks like the LIBOR rate is FINALLY dropping down. Hopefully this means not just optimism at the changing of the guard of the USA president but also a less paranoid outlook by the banks.
Hopefully this will in turn lower mortgage rates so that if/when I can finally finance my home purchase, it will be cheaper.
A couple of indicators of how the world will fare should be able to be seen in the differential between the LIBOR and 3 month US Treasury Bonds rate. When things settle back to normal, this differential should be ~1%.
Also, historically the US housing market has found its "sweet spot" with a 6 month inventory. Currently, it is about 10 months worth so demand is still lagging behind supply by quite a bit.
And joblessness numbers should be sub-400,000 before the economy starts to recover.
All the information was gleamed from Yahoo! Finance.
I hope everyone enjoyed their halloween. I know I did. At least I had something to celebrate before becoming hobbled with my ACL reconstruction surgery. Here are a couple of nuggets I have found just surfing the net in my bed-idle time.
Looks like the LIBOR rate is FINALLY dropping down. Hopefully this means not just optimism at the changing of the guard of the USA president but also a less paranoid outlook by the banks.
Hopefully this will in turn lower mortgage rates so that if/when I can finally finance my home purchase, it will be cheaper.
A couple of indicators of how the world will fare should be able to be seen in the differential between the LIBOR and 3 month US Treasury Bonds rate. When things settle back to normal, this differential should be ~1%.
Also, historically the US housing market has found its "sweet spot" with a 6 month inventory. Currently, it is about 10 months worth so demand is still lagging behind supply by quite a bit.
And joblessness numbers should be sub-400,000 before the economy starts to recover.
All the information was gleamed from Yahoo! Finance.
2 comments:
so this is what you do when you're restricted to the bed...
Yeah, i help educate my readers.. :P
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