[schema type="organization" orgtype="LocalBusiness" url="http://4salebydonna.com" name="Real Estate Agent Donna Baker" description="Real Estate Agent showing homes for sale and available real estate in Monrovia, Pasadena, Arcadia the San Gabriel Valley in Southern California." city="Monrovia" state="Ca" postalcode="91016" email="donna@4salebydonna.com " phone="(626) 408-7766 "]

“Just what makes that little ole ant, think he’ll move that rubber tree plant?

In 1959 Sammy Cahn and Jimmy Van Heusen wrote one of my favorite motivational songs of all time. The opening goes like this, “Just what makes that little ole ant, think he’ll move that rubber tree plant? Anyone knows an ant, can’t, move a rubber tree plant, but he’s got Hi-i-igh hopes…” (I can hear Sinatra singing it right now).

If you recall, not only were we introduced to that persistent ant, but also additional inspiration was provided by a “silly old ram” who “thought he’d punch a hole in a dam”. In the end, both succeeded at their task, despite others telling them that it was hopeless and no success would be found.

Today’s financial environment places many obstacles in front of even the most qualified consumer and so I just encourage you to think like that ant and with a little help, you can move that rubber tree plant.

With moving metaphorical rubber tree plants in mind, let me share with you a few facts from this week’s activities.

Fact #1:  With Congress passing the $700 billion dollar financial services bail out package this week, the lending markets will return their focus to more market fundamentals. The Fed’s, for example, meet again at the end of this month and with the poor employment report that was out today you may see a softening in rates. But, there are lots of unknowns so we will keep you posted.

Fact #2:  Residential Mortgage Lenders, for the most part, continue to lend with the same standards that they have been using for the past several months. We did not see any real impact from the past two weeks upheaval. That being said, if Congress had not acted I am not sure how things would have played out.

That’s it for this week. Keep doing what you do best and in the end, all things work themselves out!

All the best,

(818) 952-2726


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