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Chris Salese

Most likely you will find yourself either watching the Super Bowl this Sunday or at the very least hearing about it afterwards. Although, I will say, there have been a few noticeable cracks that have developed along the walls of the NFL kingdom lately.

Nevertheless, Super Bowl Sunday is almost unavoidable media-wise unless you completely shut down all of your electronic devices and lock yourself in a soundproof room for a week.

I say only a week because that’s about how long it will probably take for the media coverage to finally start to fizzle out after another Tom Brady Patriots Super Bowl Sunday referee supported victory takes place. I’m not bitter, I’m just a San Diego, oops, Los Angeles Chargers fan.

Moving forward, one of the most entertaining parts to this day is, of course, the betting lines on which you can place wagers.

Obviously, there’s also the commercials and things to watch too. But on Super Bowl Sunday, it’s impressive that you can bet on almost anything but the game and each year the odds makers get more creative too.

That being said, I’m sure you are now wondering how is he going to tie this back to a mortgage or credit related item? Well, I’m going to try to stretch this a bit and give it a shot.

Let’s use the traditional office square pool as an example, which is often referred to as “my other” pool because you find yourself in 10 of them very quickly.

You know the one I’m talking about — where you buy squares and numbers get randomly pulled out of something in order for them to be placed along the boxes across the top and the boxes down the side. Then you watch the game and hope the score at the end of each quarter fits into your number grid.

I bet this looks something like the notes on the table during the Federal Reserve’s monetary policy meeting this week. They have a really difficult job of watching the economy and trying to determine where on their grid does a move in rates fit in.

How about the coin toss before the game?

It sounds easy. Either heads or tails, it’s a 50-50 bet. I guess you can say this is sort of similar to locking your interest rate for a 30-day period.

Therefore, it’s why almost every single lender has what’s called a rate lock re-negotiation policy in the event mortgage market conditions improve during the time of your rate lock.

Next you get into some of the fun ones such as what color will Pink’s hair be when she starts to sing the national anthem?

Or how many times will the Rocky statue in Philadelphia be shown during the broadcast?

Regardless of what it is being offered, don’t gamble on your home loan application. Take your time, don’t skip any application steps and make sure you surround yourself with true professionals.

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Chris Salese can be reached at or 707 363-4439. He is a licensed California mortgage lender (LO NMLS #254469 — State Lic #CA-DBO 254469 — Corp Lic #4170013 Corp NMLS #3113) and equal housing lender.