Marc's Mortgage Matter's

August 4th, 2008 3:27 PM

The price of a standard admission Walt Disney World in Florida rose to $75 per day, up from $71 since August 2007. A child's ticket, which previously sold for $60, rose to $63. Will this be the final inflation straw that pushes the Fed to increase overnight rates tomorrow? Doubtful, and there is no word yet from Wally World officials.

Interesting read and a real eye opener. Also note 30 yr rates below last week were 6.99% after all the gravy removed. Pretty high compared to 6% a few months ago. Seems lenders just would rather not borrow if they don't have too. Evevryone's got to many bad loans on their hands. What else is new?


Posted by Marc (Moshe) Preger on August 4th, 2008 3:27 PMPost a Comment (0)

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