| Rate cut sparks rush to refinance mortgages
This is a great time for customers to achieve homeownership in a way that is sustainable for the long term." West Des Moines-based Wells Fargo Home Mortgage is part of Wells Fargo & Co., the nation's largest mortgage lender and the largest private employer in the Des Moines area.
In general, a mortgage is deemed "refinanceable" if it is 0.40 percentage point above current average mortgage rates. And the recent drops in mortgage rates could lead to the refinancing of as many as 7 million mortgages, or more than 70 percent of U.S. mortgages, according to estimates by Tony Crescenzi, a fixed-income analyst at Miller Tabak. David Motley, president of Fort Worth, Texas-based Colonial National Mortgage, which originates loans in all 50 states, is expecting an even larger applications surge this week and beyond.
Radio & TV Talk
Joel's show starts Monday January 28. ABOVE: I took this shot of Joel last year for a story about the Hub Show. "Joel hits the target demographics (males 25-54)," said Jeff Carter, WGKA program director. "We want to give him a daily live program and see what happens." And if there's breaking news, Joel can do cut-ins from 6 to 9 a.m. WGKA's strongest shows are Bennett and Laura Ingraham from 9 to noon. It's good to see WGKA finally investing in some local weekday talent, even if it's well before sunrise. Permalink | Comments (15) | Post your comment | Project Runway: Denim Nation By FAITH DAWSON | Thursday, January 24, 2008, 12:34 AM The Atlanta Journal-Constitution The high: High fashion takes on the working man's brand.
Obama: Beware 'Reverse Bradley'
There's a sort of hectoring naivete, as if Klein's too inexperienced to know that "call us back to our highest selves" is a drained cliche. And why do the whippernsappers always have to lecture? ... P.S.: The whole post isn't this bad. It's actually worse. And pompous! ... [via Corner and reader N.B.] ... 9:19 P.M. ___________________________ Mo' Iowa: 1) Polipundit suggests Obama may have benefitted in Iowa from a "reverse Bradley effect.' The open, public voting of the caucuses provided Democrats with "a golden opportunity to show your next-door neighbors just how enlightened and progressive you are, by supporting the liberal black candidate." On a secret ballot, Obama wouldn't do as well. If the Reverse Bradley Effect holds, then, Obama will do worse in New Hampshire than his Iowa triumph would lead you to expect, even if Hillary does nothing to change anyone's mind.
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