Wednesday, July 11, 2007

back from san antonio

We just returned from the Kiwanis International Tournament in San Antonio Texas
What a great spot - if you get a chance to go and visit the Riverwalk - Go..its a great spot.
Hot - Humid
Now back to reality
Interest rates have moved up - but how far will they go ?
Prime increased by 1/4 of 1 per cent to 6.25 - and the bond market has priced in another increase in September - but i dont see interest rates skyrocketing.
Now is the time to consider either locking in - if you are nervous
or take Prime less .90 on a variable rate which would equal 5.35
in any event rates are not high by historical standards -
greygoose out

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