Video Mortgage and Financial Market Update and Thought of the Day for Nov 19th

Hello Friends, The DOW continues to get hammered, day after day. The CEO's of the "Big 3" automakers have been getting raked over the coals on Capitol Hill today. Please watch the video for more details of that grilling, interesting to watch. The good news for mortgage rate though is the record drop on the CPI (Consumer Price Index) by 1% and thanks to a 8.6% decline in energy prices. Oil closed lower again today, down at $53.67. Between these weak inflation numbers, oil continuing to drop and a number of other technical factors, we should continue to enjoy and see mortgage rates at least stay the same and possibly trend lower as this global mess plays out. Here is a thought from the great speaker and author, John Maxwell that I think was so pertinent right now, "You stand at a unique crossroads. You are the only person in the history of humanity with your particular background, experience, and talents. You’re only going to get one chance--the one you have right now. Vow to make the most of it! Strive to reach your potential. Expand your possibilities. Make every moment count!" Be Blessed!