Start your Day with a Smile
My good friend in Kuwait sent me this wonderful film in a market in Spain. Watch all the way to the end, and see the sign. I love creative advertising!
German Lingerie Ad: Liaison Dangereuse
A German company finds a fresh new take on selling lingerie; found this on AOL Finance News 🙂 Very clever.
Sexiness for everyone from Glow Berlin on Vimeo.
Mixed Forecast
Interesting article from today’s Peninsula Business Section on rising mortgage trends in the United States. The views are so mixed; is the economy recovering? Are there going to be buyers for all those houses on the market? Will they find a way to forestall the next round of foreclosures as ARMs come due and new rates kick in?
US mortgages on upward trend
Web posted at: 12/27/2009 11:52:57
Source ::: LAT-WP
WASHINGTON: After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, if not sooner, according to giant mortgage financier Freddie Mac.
The results are noteworthy because rates have not topped 5 percent since the last week of October, when they reached 5.03 percent, based on the results of this closely watched survey, which polls lenders during the first three days of every week.
Many firms regularly track interest rates and come up with slightly different numbers because they survey different lenders at different times of the day or week. But several have reported the upward trend in recent weeks. They attribute it in part to the effects of the holiday season, when demand for buying and refinancing homes dies down and financial markets coast through the end of the year.
“However, this is also a glimpse of what we’re going to see in 2010,” said Greg McBride, a senior financial analyst at Bankrate.com, a personal finance Web site.
The key catalyst for interest rates going forward will be the end of a Federal Reserve program that buys a sizable chunk of mortgage-backed securities issued by firms such as Fannie Mae and Freddie Mac. That program succeeded in immediately pushing mortgage rates well below the 6 percent mark when it was announced last year.
But the Fed has committed to winding down the program by March. The central bank is betting that by gradually tapering its purchases, private buyers of mortgage-backed securities, who have largely been absent from the market, will return and rates won’t rise much.
But Amy Crews Cutts, deputy chief economist at Freddie Mac, said interest rates are bound to rise to six percent by the end of 2010 because private buyers will demand a higher rate of return on the securities than the Fed did. Lenders may have to raise the rates they charge to consumers in order to make that happen.
“Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it’s hard to imagine that the rates can go much lower than they are,” Crews Cutts said. “Anything we get at or below five percent is a gift at this point.”
This week’s Freddie Mac survey found that the 5.05 percent average on 30-year fixed-rate loans (with an average 0.7 point) was up from 4.94 percent the previous week but down from 5.14 percent at the same time last year. The all-time weekly low since the firm started tracking the numbers in 1971 was in the first week of December, when rates fell to 4.71 percent.
Many borrowers have not been able to secure the best rates because they lack the stellar credit scores and hefty down payments that many lenders now demand. Some who have tried to refinance have not been able to qualify because their home prices have plummeted to the point where they now owe more on their mortgages than their homes are worth.
But anyone who can secure a loan should not wait much longer, especially if they are looking to refinance, McBride said. Homeowners are more sensitive to interest rates when they refinance than when they buy a home. “The difference between 5 percent and 5.5 percent could mean the difference between refinancing or not,” he said.
But the interest rate is less critical to people who want to buy a home, McBride said. In that case, price and affordability should trump interest rates.
Harvest Festival Bazaar, Kuwait NEC
This year the Lighthouse Church has its annual Harvest Festival on Nov. 14 (Sat) from 9:30am-4pm.
It takes over the entire Evangelical Church compound in the city (next to the Legislative Bldg where they are doing all the construction) and is a huge indoor/outdoor bazaar.
There are many things for sale including clothing & shoes, books, household and electronic items. There is live music all day by our various church bands and children’s groups plus games and other activities for children There are also food stalls from many different nations so you could snack all day if you like. Basically, there is something for everybody.
The New Apple Market
I’ve written before about The Apple Market in Pensacola, but on this trip, I had a thrill – the Apple Market has grown. The aisles are wider now. They still have an incredible variety of things that are available, but their ready-prepared food section has grown, they have a separate coffee section – the whole place is larger and more spacious, but still neighborly and friendly. I love that place.


Not Seattle
Just looking at these photos, it would be easy to think I was still in Seattle. It gave me a big grin. The rest of my group were still shopping, so I took a few “not-Seattle” shots:
Look! Salmon!

Trout!

Looks pretty PWN to me, except maybe he needs a sweatshirt!


OK, here’s your big clue:

And here is where we ate really good Chinese food (no, sorry, no photos!)

We had spring rolls and crab wontons, then Hunan Beef, Orange Shrimp, Dali Chicken and Cashew Chicken with steaming hot green tea. After Iftar, you can read P.F. Chang’s Menu here. 🙂
Lunch at Las Maracas in Ocean Shores
“I’ve never been to Ocean Shores!” my Mom says brightly. (I know what is coming.) “Have you ever been to Ocean Shores?”
Yes. oh yes. When I was at university, we would all rent a big chalet during Spring Vacation.
“Yeh . . . I don’t remember it being that great,” I reply.
She didn’t mention it again, but I knew she wanted to go, so yesterday we decided to take an excursion to go to Ocean Shores.
I remember back when there seemed to be a lot of (generated) excitement about Ocean Shores. It’s like someone had bought this big hunk of land and wanted to develop it and started making it sound like if you don’t buy a vacation lot at Ocean Shores, you are going to be really really sorry because ALL YOUR FRIENDS ARE GOING TO BE THERE!
I think mostly it was cold and rainy when we were there during Spring Break. What I remember the best was my friends taught me how to make a casserole out of taco chips and ground beef and taco sauce, with grated cheddar cheese. It tastes really good (all that salt) and it probably has zero redeeming nutritional value.
Holding that memory dear, after Mom and I toured the big nothing that is most of Ocean Shores (the entire “north beach” coast is pretty undeveloped, very old timey, honestly, I love it) and visited a schlock-shop, oops, tourist shop, so Mom could spend a little money, we found Las Maracas, which actually served very decent Mexican chow.

No, I didn’t drink beer – I’m driving, remember? And Mom would just fall asleep if she had a beer at noon.
I put my camera on the table so I would remember to take food photos, but not before I had taken a couple ‘location’ shots:

Someone had a ball with the upholstery:

And then the nacho chips came:


The servers yell “Salsa, por favor!” into the kitchen, and determinedly call us “Senyora” or “Senyoras,” out on this remote Washington State coastal resort area.
And then I totally forgot the camera on the table because my seafood tostada came, and it was so unbelievably delicious – shrimp, crab, fish – that I ate it all and then said “oh no! I forgot to take photos!”
Mom was still picking through her Camarones al mojo de ajo, so I got a shot of that:

This restaurant was worth the drive to Ocean Shores.
The Edmonds Market
The Edmonds Market is one of my favorite things in my hometown, just north of Seattle. Street vendors set up early, and by nine in the morning the market is already going strong. I like to get there early, to get a good choice and – to get a parking space.
It was a wonderful, cool, cloudy morning, but there was no rain. I stopped at Celebrations, a bakery/catering booth, and bought chocolate covered brownies for a gathering later in the day, and an orange/cinnamon roll for my own sinful indulgence. (It was sticky and wonderful!)
All of the people photographed here gave permission for their photos:
The honey man who mixes all his own honeys and brings his bees to pollinate crops for various farmers:

The relish makers – a variety of homemade chutneys, condiments, relishes, made by them from herbs and vegetables they grow:

This lady sells wonderful lotions in divine fragrances – sandlewood, ginger and lime, etc.

This woman and her daughter knit and crochet darling little clothes for babies!


I found these wonderful squash / pumpkins:

There are all kinds of vendors selling flowers, at wonderful prices:

Just outside the Edmonds Street Market is the gazebo round-about, and every now and then, some kids think it hysterically funny to pour a little detergent into it, making it bubble over:

There is a Starbucks by the fountain, with several tables outside to accommodate dog walking patrons:





