Friday Sell Off...

Okay, no one likes a sell off (unless you're the one selling and profiting), but after the gains we saw in the last two days we should expect there to be some profit taking and settling dust as investors figure out what their next move is.

The question is one we have posed quite a bit recently, that's not to take away from the serious nature of the question. The world right now, from an economic standpoint, is on fire. The rush into long term markets is a result of the fire now burning.

One would expect long term markets to do well during as the world burns... and to answer that cry, the bond markets have done well, very well. You can't go up however if you don't once in a while come down... and that is the formula today.

Monday will be telling... I doubt we will see the sell off continue. Realistically I expect us to post gains tomorrow and throughout the week as investors continue to fee equities and move into the longer markets.

There will most definitely be bellowing from those on CNBC that don't want to see the market crumble and are still convinced we're in the heat of a recovery. Trust your gut... and you experience.

The smart money is shoring up... that means cutting expenses and protecting capital. There is no better way of reducing expenses than dropping your interest rate a point... with current 4.000% 30 year fixed rates available... now more people can realize that goal than ever before.

Don't hesitate, turn times are going to get long, beat the rush and get your paperwork in for underwriting as soon as possible.

Anyone interested in a 4.000% 30 year fixed is welcome to contact me... obviously this rate and the terms are subject to market changes, so take while the taking's good.