Mortgage C.A.F.E.- Credit And Finance Expert

Good for me!  Good for many and most, not good for future.  That's my take on it.  There's a reason that Paulson didn't bail out F & F a few months ago and only stated that we're going to "offer the support be it needed" rather than just DO IT like they did this weekend.  They also DID IT ON A WEEKEND.  That should send chills down our backs when bankers work on a weekend, what? 

So why the money for everyone.  Rates are FANTASTIC GUYS!  Awesome rates today and yesterday and probably for weeks to come as the settling in of information comes flowing as to the new stability of F&F.  Think savings and loans, but with a much higher dollar amount and a smaller circumference.  Seriously, this bails out a huge issue, and will be laid on top of our children in the future when debt is finally seen as a BAD THING across the world.  If our 10 Trillion dollar debt (just wait till weekend to see this number come to fruition) doesn't grab attention I don't know what number will.  If you do the math that's exactly $30k per person in debt in America.  My sons are 4 and 6 and I don't see them come up with that ante anytime soon. 

So make those calls and get people energized about what's happening period.  Don't give too much detail, since the devil IS in the details and will confuse the client initially.  Just generate energy.  That's my plan for this week.