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Stock market is up to 9,900, up from what, 8,800 a couple of months ago. We were in the process of buying a house in August when my wife lost her job. We were looking at an interest rate of 6.5% over 30 years. Well my wife has been back to work at a new job for a little more than a month now. She called this morning and now we're looking at a rate of 7%.
We're also coming out of a so-called war where it's assumed that we've won, but we've just inserted more ground troops and we've just reinforced Kuwait. So go figure. I didn't hear the numbers for retail sales for the day after Thanksgiving yet, if those are up, and Christmas sales in total are up, we could be on the upswing, but frankly I didn't figure it would do much till spring.
All I know, is my real estate buddy who told me the housing market for buyers would be better in January, is telling me to lock in my rate as soon as possible. All this, when I still knows tons of people without jobs, and just survived a second round of layoffs two weeks ago.
-Jonathan
>>> Jo Francis Byrd <jbyrd -at- byrdwrites -dot- com> 11/21/01 02:53PM >>>
Way to go, Paula! Congrats!
Jo Byrd
Paula Puffer wrote:
>Bruce:
>
>OKay so maybe I am not crazy... I had a preliminary interview on Monday, and
>that was follow yesterday by another interview for a contract position which
>I got (YEAH!!!!!) after being on the market for 6 months.
>
>I just about fell over when I got the call for the second interview but the
>new job is going to be way cool.
>
>Paula Puffer
>papuffer -at- psquareddoc -dot- com
>
>
>Bruce Byfield Wrote:
>Has anybody noticed a sudden upsurge in the number of jobs available in
>the last week or so?
>
>Is anyone else seeing similar changes? I know people are still being
>laid off, but maybe some hiring has started, too.
>
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