Friday, June 08, 2007

What a wind! I think this was the windiest couple of days of summer I've ever seen. The local TV news had some interesting coverage (http://www.kktv.com/home/headlines/7890022.html), it was amazing more damage wasn't done. This morning's paper (www.gazette.com) had a pretty dramatic photo of the damage from high winds we had as well. It was downright cold this morning after that storm, I'll be glad when more summery weather returns tomorrow!
An even bigger storm seems to have hit the financial markets, as mortgage interest rates took a real jump yesterday. It's starting to look like to 6.5 - 6.75% is going to be the new norm unless something happens to send them back down. It does NOT appear the Fed will be doing anything to lower rates at this point. Check http://www.coloradoonlinemortgage.com/rates.html for a current local rate quote.

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