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Cincinnati Home Loan

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5 Tips On Safely Hanging Those Christmas Lights

December 24, 2013 by Jeff Cost Leave a Comment

5 Tips On Safely Hanging Those Christmas LightsChristmas lights can be the most festive of holiday decorations, but actually putting them up can be a huge pain. With these easy step-by-step instructions, you can safely hang Christmas lights outside your house in no time. That way you can get back to what’s important, family time.

Buy Your Lights

You’ll need Christmas lights of course. There are a lot of options. You can get colorful lights or classic white lights. There are icicle lights, blinking lights, classic large bulb lights, and more. Just pick whatever looks good. Remember that consistency is important.

Pick one or two types and stick with them. Also remember to measure your roof, bushes, trees, or whatever you plan to cover with lights. Without proper measurements you won’t know how many lights to buy.

Test The Lights

Be sure to test the lights before you hang them up. Nothing is more frustrating than hanging up all the lights and finding that they don’t work. There are several testers that you can buy or you can even make your own, but I recommend simply plugging in each strand individually before you hang them up.

Get Some Clips

You’ll also need clips to help attach the lights to the roof or the gutter. I recommend buying the more expensive clips. The cheap ones break, and cause more frustration than they’re worth. Make sure you measure the thickness of your gutter as well. The clips come in different sizes.

Automatic Timers Are Your Friend

Finally, you’ll need surge protector with a built-in timer. It’s important to turn off the lights during the day to save energy and keep your bulbs from burning out, but unless you want to be plugging and unplugging your lights all the time, get a timer. They’re cheap, easy to use, and convenient.

Find A Friend

Hanging lights by yourself is a bad idea. It requires a lot of climbing up and down the ladder and that can be dangerous. Have someone else hand you the lights up the ladder, and hold it steady so you can focus on clipping on the lights.

Also, hang them up during the day. They might look prettier at night, but you can wait. Putting them up at night can be a risky venture.

Christmas can be the happiest time of the year, and the lights and decorations are a big part of that. Don’t think of hanging lights as a chore. Get the whole family involved and make it a Christmas activity.

Just be sure you have all your materials ahead of time, you’ve measured out how much you need, and you’ve got a timer to turn them off and on for you. That way when it’s time to hang up the lights, it will take no time at all.

Filed Under: Around The Home Tagged With: Around The Home,Christmas Lights,Holiday Decorations

What’s Ahead For Mortgage Rates This Week – December 23, 2013

December 23, 2013 by Jeff Cost Leave a Comment

What's Ahead For Mortgage Rates This Week- December 23, 2013According to December’s NAHB/Wells Fargo Housing Market Index, home builder confidence rose by four points to a reading of 58; this surpassed the consensus of 56 and November’s reading of 56.

November Housing Starts were released Wednesday and also exceeded expectations and the prior month’s reading. 1.09 million housing starts were reported for November against expectations of 963,000 and October’s reading of 889,000 housing starts.

Building permits issued in November came in at 1.01 million and fell short of October’s reading of 1.04 million permits issued. November’s reading exceeded expectations of 990,000 permits issued.

The week’s big news emerged after the conclusion of the Federal Reserve’s FOMC meeting. The committee announced that it would begin tapering the Fed’s $85 billion purchases of securities. The taper was modest; the Fed will reduce its rate of purchases to $75 billion monthly, with a split of $40 billion in Treasury securities and $35 billion in mortgage-backed securities.

Fed Chairman Ben Bernanke gave his final press conference as Fed chair. He noted that the FOMC was confident that the economy would continue to improve at a moderate rate and that the Fed would continue monitoring economic and financial developments to guide future adjustments in its monthly purchase of securities.

Mortgage rates were expected to rise after news of the Fed’s tapering of its quantitative easing program, as the program was intended to hold down long-term interest rates and mortgage rates.

Mortgage Rates, Jobless Claims Rise

Freddie Mac’s Primary Mortgage Market Survey confirmed expectations of higher mortgage rates. Average mortgage rates ticked upward by five basis points to 4.47 percent for a 30-year fixed rate mortgage; the average rate for a 15-year fixed rate mortgage rose by eight basis points to 3.51 percent.

Discount points for a 30-year mortgage were unchanged at 0.70 percent for a 30-year mortgage and dropped from 0.70 to 0.60 percent for a 15-year fixed rate mortgage. The average rate for a 5/1 adjustable rate mortgage rose from 2.94 percent last to 2.96 percent with discount points unchanged at 0.40 percent.

Weekly Jobless Claims came in at 379,000 and were higher than projections of 338,000 and the prior reading of 369,000 new jobless claims. Although the reading was the highest since March, analysts attributed the higher reading to changes in work schedules during the holidays.

Sales of existing homes slipped to their lowest levels in close to a year. The NAR reported that existing home sales fell from 5.12 million in October to 4.90 million in November.

Projections were set at 5.00 million sales for November, but a shortage of available homes and rising mortgage rates were seen as reasons for fewer sales. The approaching holiday season and cold weather typically contribute to a lull in home sales during the winter months.

What’s Ahead

This week’s scheduled economic news is light due to the Christmas holiday, but Monday’s releases include consumer spending, personal spending and the University of Michigan’s Consumer Sentiment Index.

New Home Sales for November will be released Tuesday. The week’s scheduled news will conclude with Weekly Jobless Reports on Thursday, as no further economic news is scheduled for Friday.

Filed Under: Mortgage Rates Tagged With: Mortgage Rates,NAHB/ HMI,Quantitative Easing Program

4 Safety Tips For Your Christmas Tree

December 20, 2013 by Jeff Cost Leave a Comment

4 Safety Tips For Your Christmas Tree It’s Christmas time, it’s Christmas time – which means it’s time to get a tree for your home. Whether you get a real tree or an artificial one, it’s also time to think about Christmas tree safety.

Prevent A Fire Hazard

There’s a potential fire hazard that comes with real trees, a danger that’s lessened with artificial trees, but artificial trees have their own safety issues. 

For instance, those that spin on their bases shouldn’t be left to rotate on their own. Make sure the motor is turned off whenever you leave the room.

Even though safety precautions are more necessary with real Christmas trees, sometimes you can’t resist the fresh pine smell filling your home. Should you decide to go with a real Christmas tree, here are some safety precautions that should be followed to avoid fire hazards.

Safety Precautions For That Tree Of Yours

1. Place the tree as far from any heat sources as possible. While it may seem picturesque to have your tree close to the fireplace, the heat can dry out the tree and make it more susceptible to burning.

2. Fresh cut the tree. While you may have cut the tree down before bringing it home, you still need to cut a little bit more off the bottom just before you put it in the Christmas tree stand. This gives the tree a better ability to absorb the water in the stand, which stops it from drying out.

3. Don’t let the water run out. It’s important to stress that your Christmas tree needs to stay moist and green. To check for dryness, lightly grab the end of a branch and pull on it.  If several needles come off, it’s time to take it down. 

4. Don’t burn the tree to get rid of it. A dry tree blaze is hard to control, and pine generates a lot of creosote that can catch fire. There are safer ways to dispose of your tree including recycling your Christmas tree. To learn more about safe disposal of your tree, contact your local city or state.

Have fun decorating your home and tree and for Christmas. Just remember to be safe as you celebrate the season! If a new home is on your Christmas list, contact your trusted mortgage professional today.

Filed Under: Around The Home Tagged With: Holiday Tips,Around The Home,Christmas Tree Tips

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Jeff Cost
Sr. Loan Officer

Cincinnati, OH Mortgage Lender
NMLS# 21688


jeffrey.cost@ccm.com

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Fax (941) 567-5222

Cross Country Mortgage

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