Page Three

Bangkok Dangerous

Sep 5 - Joe visits Bangkok to kill four people, falls in love, and things go haywire.

Burn After Reading

Sep 12 - a CIA disk ends up in the hands of a bunch of dummies.

Righteous Kill

Sep 13 - two NYC detectives hunt for a vigilante killer they admire and think is a cop.

The Women

Sep 12 - a woman has the perfect life until she finds out her husband is cheating.

Ghost Town

Sep 19 - a man with no charm and tact returns from the dead with an ability to see ghosts & gets in trouble.

Igor

Sep 19 -animated movie with hunchbacked lab assistant Igor, hoping to win the evil scientist award.

My Best Friends Girl

Sep 19 - guy flops with a girl because he is too "just right" so he hires Tank to go out with her. Tank likes her.

Blindness

Sep 26 - "plague" affects a city with blindness and they get quarantined, but one woman can see.

Eagle Eye

Sep 26 - do what the voice on the phone says to do or face the consequences.

Mortgage Rate News & Analysis

Through the last four weeks, fixed mortgage interest rates stabilized, then dropped about an eighth of a percent.

The "new" media (the mass appeal of the internet is over ten years now) is overtaking newspapers. Newspapers are cutting costs associated with printing the newspaper in with the hope that they will attract more viewers online. You, and people like you are going to their computer screen when they want information. That information comes from "narrow-casting".

What feels like a recession is speeding up the process.

Owning the house you live in is still the most-sure way to wealth, even if that value might go down right now. Taking out cash on constant refinances is not the route to wealth. Owning many houses and treating them like liquid assets on a speculative bubble is not. Buy your house and own it for a while. Take out cash on refinances or home equity lines of credit when you need it - not when you can simply because you have the ability because the mortgage market makes it easy.

Refinance when you can cut your rate and term.

The dollar is starting to trim its slide, maybe even improve. Consumer spending - two-thirds of the economy - is slower. Business spending advanced because of lower prices for commodities. Personal income dropped. Exports grew because of the weaker dollar, resulting in economic growth during the second quarter growth being revised up strongly from 1.9% to 3.3%. Poverty went up in 2007. Qualified professionals are hard to hire when they are young because of unrealistic expectations and baby boomers keep leaving the workplace.

Consumer confidence is up slightly and it was up last month, too.

So is the economy stuck in neutral or will it go up or will it go down? Is inflation a problem in the USA, as it appears to be around the world? One indicates the general trend of interest rates and the other indicates what will happen soon. They appear to be at odds with one another.

Mortgage interest rates stabilize and remain stable for a while. However, if inflation is not controlled, the long-term direction for interest rates is up.

articles copyrighted by RealEstate ABC and may not be reprinted or copied.


The Faust Real Estate Group
Keller Williams Capital Partners
500 W. Wilson Bridge Rd.
Worthington OH 43085

Equal Housing Opportunity

Phone:

Mobile: 614-402-4107

Home Page:  www.fausts.com



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