May 9th mortgage musings: Rates slightly lower on little news

May 9th, 2008 · No Comments


Many WWII vets, hung over from celebrating VE Day yesterday (Victory in Europe, May 8th, 1945) woke up this morning to find oil is near $126/barrel. Think gas is expensive? On a per-gallon basis Diet Snapple is $10.32 per gallon, Lipton Ice Tea is $9.52 per gallon, Gatorade $10.17 per gallon, Brake Fluid $33.60 per gallon, Vick’s Nyquil $178.13 per gallon, Pepto Bismol $123.20 per gallon, Scope $84.48 per gallon, and Evian water is $21.19 per gallon! (Evian spelled backwards is “naïve”.) So, the next time you’re at the pump, be glad your car doesn’t run on Scope, Pepto Bismol, Nyquil or Evian water!

Speaking of spending money, do you ever wonder what goes into our Consumer Price Index (CPI) calculation every month?  Check out this graphic at NY Times.

A UN official says the World Foo