Mortgage in the Raw: Mort Rates often change in opp direction as Fed changes due to the dynamics within the financial mkts.
Tuesday, August 24, 2010
Monday, August 16, 2010
Monday Mortgage in the Raw: Promissory Note is the legal evidence of the debt b/t the lender & you. It states terms, promise and signature.
Friday, August 13, 2010
Mortgage in the Raw... Simple Interest is interest computed on the balance of the outstanding principal only.
Wednesday, August 11, 2010
Embrace Life and Embrace the Low Mortgage Rates
Thinking about life there are many inventions that go uninvented and many ideas that pass by us. In passing I have heard that the average person thinks of a million dollar idea at least once a day. Did you know that the common Mayfly has the shortest life? They live only one day with only one goal. This goal is to mate and reproduce. In fact; the whole Mayfly population is counting on this for survival. This just shows you how we need to embrace life because time is precious.
Let’s take a moment and think about this in relation to your life. What is the message you need to reproduce? How are you leaving your financial picture? Do you know what your financial picture looks like with the change in economy? Have you written down to call about a refinance and haven’t done it? There are lots of questions to ask yourself. Change and uncertainty are the main reasons why most people let ideas pass. Don’t let uncertainty be one of the reasons that why you didn’t check it off your ‘honey-do-list.’
Listen to your mortgage conscience; take the time to answer these questions. The mortgage rates are at all time low. This is the lowest they have been since the 1950’s. Change and uncertainty are the main reasons why most people let ideas pass. Don’t let uncertainity be one of the reasons that why you didn’t check it off your ‘honey-do-list.’ Mortgage originators are there as your advisor and your teacher. Many mortgage companies offer free mortgage check ups to assist with this issue. You owe yourself and your family to hear any options that evaluate your current situation. This might not be life or death decision; but it is one that could affect your financial picture. You can help your family to save money for other life goals.
Remember: Successful people buy stock in themselves and it begins with knowledge
Embrace Life and Embrace the Low Mortgage Rates
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