D. Brandon Feco

NMLS#: 01883349

October Newsletter

KNB Capital, Inc.

30721 Russell Ranch Rd Suite 140
Westlake Village, CA 91362

DIY October Weekend Projects for Your Home

Your home
Knock out these must-do October home projects in just a couple of weekends and enjoy care-free living all winter long. Clean Gutters Clogged and overflowing gutters can create a drainage problem over the long winter months. It will also encourage rot to form at the roofline. For this messy job, wear gloves and practice ladder safety while working. Plus, he...

Knock out these must-do October home projects in just a couple of weekends and enjoy care-free living all winter long.

Clean Gutters

Clogged and overflowing gutters can create a drainage problem over the long winter months. It will also encourage rot to form at the roofline. For this messy job, wear gloves and practice ladder safety while working. Plus, here are the best gutter guards for your home.

Closet Nook Shelves

Don’t let the recessed space at the ends of a closet go to waste. We love maximizing storage space by fitting these nooks with wire shelving to hold blankets, towels, or bedding.

Wire shelves come in a variety of widths. Measure the width and depth of the space. Then, choose the correct shelving and ask the salesperson to cut the shelves to length for you. Subtract 3/8 in. from the actual width to determine the shelf length. Buy a pair of end-mounting brackets and a pair of plastic clips for each shelf. A pack of plastic caps covers the cut ends and keeps them from snagging fabrics.

Replace Damaged Vinyl Siding

Vinyl siding protects a home with a tough, water-resistant shell, but accidental damage can happen. If a falling branch or a well-hit baseball cracks a piece of your siding, you can make it as good as new in about 15 minutes with a $5 zip tool (available at any home center) and a replacement piece. It’s as simple as unzipping the damaged piece and snapping in a new one.

Organize Your Garage For Less Than $200

You can find lots of ways to create more storage space in your garage, but no other system is as simple, inexpensive, or versatile as this one. It begins with a layer of plywood fastened over drywall or bare studs. Then you just screw on a variety of hooks, hangers, shelves, and baskets to suit your needs. And because you can place hardware wherever you want (not only at the studs), you can arrange items close together to make the most of your wall space. As your needs change, you’ll appreciate the versatility of this storage wall too; just unscrew shelves or hooks to rearrange the whole system.

Stop Drafts Around Windows and Doors

If your windows or doors cause chilly drafts all winter long, the problem could be worn-out seals, weather stripping, or thresholds. Then again, the sloppy installation might also be to blame. When cold weather arrives, hold the back of your hand near the edges of windows or doors to track down the location of leaks. If you feel cold air flowing out from behind the trim, you can bet that the spaces around the window and door jambs weren’t properly sealed.

Plugging these leaks is a time-consuming job: You have to pull off the interior trim, seal around the jambs and then reinstall the trim. But if you have fairly airtight doors and windows, it offers a large payoff. Stopping drafts not only makes your home more comfortable but also cuts energy bills.

Aerate the Lawn

To ensure lush grass and a healthy lawn in the spring, aerate in the fall. Aeration breaks up compacted soil to allow water and fertilizer to penetrate deep down into a healthy root system. A must-do, fall-ready project.

Prep Your Garden

Prep your fall-ready garden now for less work in the spring. Remove any past-their-prime annuals and rake out any rotting leaves. To protect your garden pots from breakage due to freezing water, empty, clean and bring indoors for the winter.

Will Mortgage Rates Go Down in 2021?

Finances
Well, there’s good news and bad news. The good news: Mortgage rates will probably stay low, around 3%, for a little while longer — at least for 30-year fixed mortgages. Now for the bad news: Mortgage rates will probably stay low, thanks to the less-than-stellar August jobs report and the effects of the Delta variant of COVID-19. That’s a ...
This article is for information, illustrative and entertainment purposes only and does not purport to show actual results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular investment action.

Well, there’s good news and bad news. The good news: Mortgage rates will probably stay low, around 3%, for a little while longer — at least for 30-year fixed mortgages.

Now for the bad news: Mortgage rates will probably stay low, thanks to the less-than-stellar August jobs report and the effects of the Delta variant of COVID-19.

That’s a quick summary, but let’s dig a little deeper on how these factors come together to influence mortgage rates.

COVID Variants

Mortgage rates will probably rise again, but only once new variants of COVID can be kept under control. Honestly, a little rise in mortgage rates would be a sign that the economy is opening back up and that businesses can start operating at or near capacity. 

As more Americans get vaccines and boosters, people who have gotten sick with COVID recover, and masking policies start to slow the effects of the pandemic, restrictions will lift.

Inflation

Inflation is still — and always will be — a factor in raising interest rates. Unfortunately, 2021 has seen a larger than expected rate of inflation. Lenders may demand higher rates to compensate for lost spending power as the dollar gets weaker. 

The Fed says the current inflation rates are temporary, but we’ll see. If they’re correct, that would certainly help to keep interest rates from getting higher.

Real Estate Boom

There’s still a huge demand for houses. New homes, existing homes, it almost doesn’t matter. The more that people are taking out loans, the more interest can be charged because people will pay it. 

The after-effects of these new loans will start to be felt soon, but rates should still hover around 3%. The good news is that as more new homes are built and demand goes down, home prices will be driven down, which means that the amount paid on mortgages will be lower, too.

U.S. Debt

This is one of the few times where you’ll hear good news related to United States debt! Thankfully, the U.S. is still a wise investment for overseas investors. As things like Treasury bonds and mortgage-backed securities get purchased, those dollars help to keep interest rates low.

But those mortgage-backed securities could also be the Achilles heel that results in interest rates rising again. The Federal Reserve currently purchases $40 billion worth of mortgage-backed securities every month. This will stop in the future — perhaps the very near future — thanks to the COVID stimulus program. 

Once their goals are met for employment and price stability in the market, that purchasing goes away. This could happen as soon as the end of the year.

What’s the Verdict?

It would be wonderful to be able to say, “Yes, mortgage rates will absolutely go down!” But we can’t. Experts are predicting a slight rise to just above 3%, but no one is pushing any doom-and-gloom scenarios. 

Unfortunately, if there’s anything the pandemic has taught us, it’s that predicting the future with any kind of certainty is a fool’s errand. If you’re thinking about refinancing, now’s the time.

This article is for information, illustrative and entertainment purposes only and does not purport to show actual results. It is not, and should not be regarded as investment advice or as a recommendation regarding any particular investment action.

America's Scariest Halloween Destinations

Personal Interest
If you’re planning to do some traveling this autumn and want some well-curated scares, these incredible Halloween attractions might be just what you’re looking for! Knott’s Scary Farm Starting in September and running through Halloween night, Knott’s Berry Farm transforms into Knott’s Scary Farm! This is one of the largest Hal...

If you’re planning to do some traveling this autumn and want some well-curated scares, these incredible Halloween attractions might be just what you’re looking for!

Knott’s Scary Farm

Starting in September and running through Halloween night, Knott’s Berry Farm transforms into Knott’s Scary Farm! This is one of the largest Halloween events in the world and it features an unbelievable number of activities. 

With mazes, themed areas such as CarnEVIL and the Forsaken Lake, Halloween shows, and fully produced interactive experiences, there’s plenty of reasons for this one to take the number one spot on the list!

Location: Knott’s Berry Farm, 8039 Beach Blvd, Buena Park, CA 90620

Dates: September 16 through October 31

Reaper Haunted House

Located in Little Rock, Arkansas, Reaper Haunted House is one of the top haunted houses in the country. Too much information can ruin the surprises the house has in store for you, hence their “no pictures!” policy. They do post their own pictures, though, which should give you an idea of what you’ll find inside.

Location: Lunn Rd. North Little Rock, AR 72118

Dates: October 1, 2, 8, 9, 14, 15, 22-31, November 1

Hellscream Haunted House

A thoroughly creepy experience with plenty of jumps scares, Hellscream Haunted House definitely plays up the theatricality with a complete backstory behind the haunting. 

At this attraction, Jack Slaughter, owner of Slaughter Brothers Circus, and his evil clowns roam the house, ready to terrify anyone unlucky enough to wander in.

Locations: 

3021 N. Hancock Ave, Colorado Springs, CO 80907

3910 Palmer Park Blvd., Colorado Springs, CO 80909

Dates: September 24, 25, October 1, 2, 8, 9, 10, 14, 15, 16, 17, 21, 22, 23, 24, 28, 29, 30, 31, November 5, 6

Bates Motel and Haunted Attractions

If you’re looking for a more complete experience, much like Knott’s Scary Farm, but would rather travel to the eastern side of the U.S., then the Bates Motel and Haunted Attractions are for you! 

The Bates Motel is an intense haunted house experience, and they just added an outdoor experience called The Psycho Path in addition to their world-renowned Revenge of the Scarecrows Haunted cornfield trail. There’s also Zombie Hunt laser tag and axe throwing, too!

Location: 1835 Middletown Road (Rt. 352) Glen Mills, PA 19342

Dates: September 24, 25, October 1-3, 8-31

Universal Orlando Halloween Horror Nights

If you’re more interested in combining your terror with a theme park experience, then you’ll love Universal Studios’ entry on the list. With multiple haunted houses, scare zones, live entertainment, and attractions, it’s a Halloween-themed world. And yes, some of the usual rides are still open during Horror Nights!

Location: Universal Studios Orlando, 6000 Universal Blvd, Orlando, FL 32819

Dates: Select nights Sept. 3–Oct. 31, 2021

Erebus Haunted Attraction

Once the Guinness World Record holder for the largest walk-through haunted attraction, at Erebus, you’ll be sent through time by a mad scientist, where you’ll encounter terrifying props, puppets, and animatronics. You might even get eaten by a dragon!

Location: 18 South Perry St. Pontiac, MI 48342

Dates: September 10, 11, 17, 18, 24, 26, October 1-3, 7-10, 13-17, 19-31, November 5, 6

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