Lions and tigers and bears, oh my!

By Todd Abelson NMLS #180858 on .

Oil just hit a high of $111 per barrel.

Gold just hit an all time high of $1,472 per ounce.

US Debt is just about to hit the ceiling of $14.3 TRILLION and a government shut-down seems inevitable. If so, even if “only” over the weekend, expect rates to spike HIGHER.

Ponder these mortgage points as well…

  • No IRS Transcript requests (4506-T) will be processed (no loans can be funded)
  • No USDA loan Certifications (no USDA loans can be funded)
  • No VA or FHA Case #’s can be ordered (no files can be processed)
  • What if employees are the Federal Reserve are put on hayatis? (loan fundings may be delayed).

Mind boggling! Hang on, it’s going to be a bumpy weekend (and week to come?)…

Todd Abelson, Licensed Mortgage Professional, 520-331-LEND