Wednesday, August 10, 2011

Three Months Until Ashlee Springer's Wedding!

I finally believe we are going to get everything completed before November 7, 2011. We have been some "Busy Bees" the last couple months. Still we have a long list of items to complete but they are minor in comparison to the decisions we have made and finalized.

All wedding attire has been selected and purchased, except for mine. The wedding ceremony will be at First Baptist Church of Alabaster and the reception will be at Magnolia Springs Manor in Helena, AL immediately following.

Ashlee and I have toured every wedding venue within 100 miles. At first she thought she may like to have the wedding at Vulcan, great view and absolutely lovely grounds but "IF" it rained tents would take away the romance of the city lights under the stars.

So, lets move on over to "The Club". I have a friend who is a member and offered to sponsor us if we decided this was the place. Of course, Ashlee dreamed of having her dance on the lighted dance floor and the view is the best in Birmingham. To seat the number of guests we are expecting would require the Grand Ballroom which is superb. Service is second to none and the food is delicious but I am afraid our guests would have been disappointed at the menu our budget would have afforded. After going back and forth we decided we should check out our other options and see how far we could stretch our budget.

Our journey continued throughout Jefferson and Shelby County. Most everyone was excited and happy to accomodate but I was surprised that in this economy there were vendors who did not want to be bothered, one who increased their price greatly in less than two weeks and another who was not interested in being part of a wedding on a Monday.

I found out there are not many places in the Birmingham area who are set up to handle parties of 300 or more guests rain or shine. While rain didn't seem to be something Ashlee was worried about, I was not going to book a place without a back-up plan.

Finally, the church is booked, reception is planned all the way down to the menu. Songs have been selected and the Bride and Groom's cake have both been chosen. Now all we have to do is ad a few flowers, candles and decorations and it will be a Fairy Tale come true. Of course, I must still find something to wear! :)

Looking forward to the showers, Tea and bachelorette party (?) What?

Only "Three Months Until Ashlee Springer's Wedding!" and you can still call me, "Mother of the Bride".

My name is Valerie Springer nmls 198479, Home Mortgage Expert and writer for Ask Val in Birmingham, Alabama. You may contact me by email at or call 205-314-4775.div>

Thursday, August 4, 2011


Ben Bernanke left the door open and stocks have responded well when Quantative Easing 3 was mentioned. This would be a longshot unless our economy was hit by a big external shock. The Fed doesn't want to do a QE3 if it can be avoided. The biggest negative factor on our economy could the the gradual withdrawal of fiscal stimulus. Now our economy will be more on it's own to generate growth without help from Washington.

At the moment stocks are looking favorable. An opportunity for Record year profits for S&P 500 Companies, exports are continuing to grow and there are decent investment opportunities in the US Economy. Earnings of big US multi-national companies make large cap indexes a good buy as well.

Europe is in a mess! Getting this under control will be a challenge.

The question I am asked most is how are interest rates affecting the housing market? Remember, short term rates are the ones affected by fed action in general. Commercial rates are affected by supply and demand and Mortgage rates are an absolute bargain right now. The benefit of home ownership has been neglected for some while now and the people who should be purchasing homes are not. Lets all remember that homeownership is a great forced savings plan and it should not be TOXIC. The future of great real estate fortunes are being laid right now, are you taking advantage of the opportunities?

The current trends of concern are the stability of the Middle East and major oil producers, China's cornering global markets in strategic raw materials and the US Relationship with China. Social democracies can bring revenues and commitments into balance given time.

It has been confusing the past few weeks but now we at least have a path chartered even if at times the sea will be rough. You can count on your mortgage expert to keep on top of the developments. Please contact Valerie Springer if you would like to have a credit check and possibly take advantage of the opportunities availabe right now. 205-995-7283 x 305

My name is Valerie Springer nmls 198479, Home Mortgage Expert and writer for Ask Val in Birmingham, Alabama. You may contact me by email at or call 205-314-4775..