I am more than excited for the Civil War match up this year. The hype in the state of Oregon this week is incredible. I look forward to watching the game next week with anticipation and hope that the Ducks will be making a trip to Pasadena for New Years!

We’re reaching the one year anniversary of the Treasury’s announcement of their plan to begin purchasing Mortgage Backed Securities. On November 26th, 2008 we saw an overnight drop in rates that created a big surge in mortgage applications. Since the plan was initiated the $1.2 trillion (eek) in MBS purchases has sustained mortgage rates for FHA and conforming loans in the 4.5%-5.25% range. There was a bit of worry that the Treasury would pull back the program in early Fall, but now the picture has been painted that we’ll see the remaining funds be phased out towards the end of the first quarter of 2010. The combination of the Home Buyer Tax Credit extension/expansion creates a great opportunity for those in position to purchase RIGHT NOW.

On a more personal level, my wife Kari and I had our first doctor appointment for her new pregnancy and we were able to hear the precious heart beat of our new little one.  Our boy/girl twins are now 21 months and are beginning to get the idea that there’s a baby coming to the Venti house.  I am blessed to have an amazing little family and look forward to the adventure of having more kids than adults in our family!

During this Thanksgiving season, I wish to express my  appreciation to you for placing your confidence and trust in me.  I am blessed to be in a position to serve you, your friends and your family.

May your Thanksgiving be a joyful time of fellowship.  

“Give thanks to the Lord, for he is good; His love endures forever.” Psalm 107:1