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Thursday, June 2, 2016

Opus 2016-146: Headlines: Interested?

My wife worries about a lot of things and her condition is aggravated because she often believes what she hears on the radio.  She should know better.  She claims to know better.  She still worries a lot.  Recently she heard that mortgage interest rates were going up in June, at least in California.  Could be.

With that in mind I thought it was interesting that in Great Britain they were looking at lowering interest rates again.  The story is in The Telegraph.

In April the British seemed to be paying 2.41%.  One thing we know about interest rates, they will change but no one knows if it will be up or down.

Of course if you are not buying or selling a house this is not as earthshaking as the way that the price of fresh vegetables is increasing.  I buy a lot more apples than houses.

homo unius libri

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Comments are welcome. Feel free to agree or disagree but keep it clean, courteous and short. I heard some shorthand on a podcast: TLDR, Too long, didn't read.