Wednesday, November 26, 2008
Mortgage Interest Rate Comment for 11/25/08:
Mortgage interest rates have improved as much as a half percent, overnight. The Fed has announced that it will spend $500 billion to buy mortgage-backed securities, $100 billion to purchase agency (Fannie and Freddie) debt and $200 billion for consumer and small business loans. This news has rocked the bond market and created tremendous movement. Currently, buyer/borrowers can obtain thirty-year fixed rate mortgages with no points or origination fees in a range from 5.5% to 6.25%. Earlier today, we saw rate quotes as low as 5.25% for 30 yr. fixed rate mortgages. Buyer/borrowers having strong creditworthiness and seeking larger loans (up to $417,000) can obtain the better rates.
CAUTION: Bonds are volatile, so these rates can change quickly.
Happy Thanksgiving. Be thankful for the lower rates. Let us hope they last!!!!
Sunday, November 23, 2008
Loraine K. and Hani of Atlanta, Ga.
Loraine K. of Atlanta, Ga. & Maxine T. (me) formally of Atlanta, Ga.
This afternoon a friend of mine had a stop over in Orlando before going on a cruise out of Cape Canaveral tomorrow. Loraine and myself have been friends for a very long time. We met several + decades ago in what seems like another lifetime. I lived in Atlanta, Ga. at the time and we both worked in the Media Dept. of J. Walter Thompson, an advertising agency. We were called "spot broadcast negotiators", a fancy-schmancy name for media buyers.
Needless to say we discovered we were both from New York originally, were single parents etc. and developed a great friendship. As all things do change, I moved to Orlando. Although we stayed in contact with each other with phone calls, emails and such, the time between contacts got longer and longer. We do somehow get to see each other every several years and it is something, how we can sit and chat for hours like we did not miss a beat. Maybe that is the true mesure of friendship. Some things are always the same and we can go back. Thank you my girlfriends for being part of me!
The rest of my story....I met the girls at the hotel they stayed at on International Drive, right in the center of Orlando's Tourist spots. A part of Orlando that us residents avoid as much as possible. I live in the oppossite side of Orlando and am not familiar with that other end of the city. I remember that I ocaisionally went to a restaurant in that area, where there were always lines to get in at all times, any day of the week.....and it was worth the wait. I suggested we go there. Well I am sorry to say, Bill Wong's International Buffet has really changed. It was not at all what it used to be, too bad. Some things we should never try to go back to. Sorry Bill Wong, you are one of those things, no raving revue here. I will hang on to my memory of you back in your better days.
Monday, November 3, 2008
The following is my menu that I selected:
1. Shrimp, artichoke and spinach dip served with pita triangles
2. Hummus made from dried beans and very garlicky
3. Cheese-zucchini squares
4. Horiatike Salata/Greek Salad
5. Moussaka *
6. Baked Green Beans with Feta Cheese ....I will share recipe below
7. Assorted Greek Pastries **
8. Boston Creme Pie, I know this did not go with the theme, but everyone does
not care for the "extreme sweetness" of the Greek pastries.
* The Moussaka recipe was a huge hit and came from the cookbook, Greek Cooking for everyone, by Theoni Pappas & Elvira Monroe.
**I cheated here and purchased the Greek Pastry platter from my very good friend Costco. I am not really a baker, as I much prefer cooking the "meat & potatoes.
Don't let green beans get boring; serve this Greek-style side dish that's packed with flavour.
1 lb fresh green beans, trimmed
1 small white onion, thinly sliced
2 cloves garlic, minced
2 tablespoons olive oil
1/2 teaspoon salt
freshly ground black pepper
2 medium tomatoes, seeded and chopped
1/2 cup crumbled feta cheese
1 tablespoon chopped fresh basil
1 tablespoon chopped fresh oregano
1. Preheat oven to 400F degrees.
2.. In a medium bowl, combine beans, onion, garlic, oil, salt and pepper.
3. Place mixture in an ungreased 13x9-inch baking pan and top with tomatoes, feta cheese, basil and oregano.
4. Bake, uncovered, for 30 minutes or until tender.