"Stocks are looking to rebound today after yesterday's sell off that saw the Dow fall below 6,800 for the first time since October 1996.
On the radar today, Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner will discuss the budget in front of separate Senate and House committees. They will try to shed some light on plans to bring the ailing US economy back to life.
For now, I recommend floating, as prices are near the middle of a comfortable trading range. If a change of course is required as information on the budget is presented, I will let you know."
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About The Utah Finance Guru!
- Cindee D. Stone
- Loan Officer Interview Q and A: How long have you been in the mortgage business? I have been in the mortgage industry for over 18 years. I have been very blessed and fortunate to have worked with so many wonderful people! How has the mortgage industry changed since you started, and what would you expect in the future? The mortgage industry and changed so much over the last few years. And, continues to change on a daily basis. It is very important to have a loan officer that has the experience to guide you through the process with success. What can borrowers do to insure a smooth mortgage underwriting process? The most common issue during the loan process is getting all of the documents from the borrowers. It is so different now and so much more is needed. This allows us to see the entire picture and make sure it all goes as smooth as possible. What provides you with the most satisfaction in your job as a Loan Officer? Even though the mortgage industry is harder these days, it will never take away the satisfaction and happiness with assisting someone getting into the home of their dreams! Or, helping a homeowner refinance and save money.
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