Here Comes The Sun


 Why you should apply for a loan on a sunny day. Fun Fact:

A new study reveals an unusual correlation between the weather and mortgage approvals. Cleveland Fed researchers scoured data from the National Oceanic and Atmospheric Administration from more than 2,000 U.S. counties from 1998 to 2010 for the study.

The study suggests a positive sentiment emerges in sunny weather, which leads to higher credit approvals. On the other hand, rainy days make lenders tighter with the credit.

The sun doesn’t appear to fire up applications much, but researchers say the percentages are noteworthy. “Sunny sentiment” was found to boost credit application approvals by 0.80 percent. On overcast days, however, approvals dropped by 1.41 percent, the study found.

Not sure if this is true but I would go your loan application on a sunny day! Like the song says: “It’s going to be a bright, bright, sunshiny day.”

Information courtesy of