|Please enjoy this quick update on what happened this week in the housing and financial markets.
The CEO of a large company was walking to the cafeteria along with two of his secretaries. He tripped on a bottle, and a genie appeared and asked the threesome if each would like to make a wish.
The first secretary excitedly exclaimed, “I wish I were on a beach on a tropical island!” Immediately her wish was granted.
The next secretary proclaimed, “I wish I were on a tour of France!” Immediately her wish, too, was granted.
Being that it was now his turn to make a wish, the CEO exclaimed, “I want the two of them back in their offices right after lunch!”
Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.