certified mortgage planner: Just How Hard Is It to Make Money? - 06/06/08 04:35 PM
You know I am an advocate of investing versus paying off your mortgage, at least until you have your entire financial and investment plans fulfilled. You know that the reasons come down to liquidity, safety and rate of return, the latter being the point I am going to target today.
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certified mortgage planner: Money Merge Accounts: Are They Really Worth It (Another Case) - 07/19/07 04:14 PM
A UFF agent placed the following scenario of a client he was putting into a Money Merge Account on one of my blog posts...
The client had just closed on a $244,000 mortgage at 6.875% Fixed for 30 years, which creates a $1,602.91 monthly payment since it is fully amortizing. I wish … (17 comments)
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certified mortgage planner: Florida Mortgage Market Update - 05/17/07 10:39 AM
We remain in a LOCKING stance. Mortgage Bonds = -16bp
Mortgage bonds traded flat yesterday in the absence of any major economic news. Today shows a different picture.
As we informed you that the 200-day MA failed to maintain support and keep bond pricing above this critical level, price erosion was likely to … (4 comments)
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certified mortgage planner: Money Merge Accounts Vs Equity Harvesting: Harvesting Wins by Over $1.5M - 05/16/07 10:14 AM
This is actually another look at the whole Money Merge Account, Mortgage Acceleration post I did a while ago that spawned a lot of debate. Click the link below to see that post if you have not already read it.
Money Merge Accounts: Are They Really the Best Thing for You?
Now … (43 comments)
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certified mortgage planner: With Foreclosures on the Rise, Is Your Home Really Safe? - 05/15/07 10:20 AM
Well, if you are paying your monthly mortgage payments, your home is safe, for now. Unfortunately, many home buyers have the misconception that paying down their mortgage quickly is the best method of reducing risk of foreclosure on their homes. That's right, even the Money Merge Accounts (MMAs) and other Mortgage … (11 comments)
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certified mortgage planner: Are You Trying to Pay Off Your Mortgage Faster? If so, Read This...(Part 2) - 05/09/07 12:17 PM
(If you did not read Part 1, please go back and read it as that is the basis for this post.)
In the last post, we left John without a job the couple was forced to sell their home at a loss to avoid foreclosure. We also mentioned how they regretted their … (4 comments)
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certified mortgage planner: Are You Trying to Pay Off Your Mortgage Faster? If so, Read This...(Part 1) - 05/09/07 09:30 AM
Most Americans dream of owning their own home, and owning their home free and clear of a mortgage. While that may be a noble goal, they go about it the wrong way. To assist in emphasizing this fact, we will take a look at a couple who are trying to decide … (5 comments)
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certified mortgage planner: Watch Out for Falling... - 05/08/07 01:28 AM
I was doing some research today and looking into the future of the mortgage market. It never seems to fail that technical indicators portray a good glimpse of the future, and with that in mind, I am off to predict the future of interest rates.
Many of you may know that I … (30 comments)
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certified mortgage planner: Are America's Housing ATMs All Tapped Out? - 04/30/07 02:44 PM
Today saw the release of the US Savings rate, which improved from the last reports. It is still in negative territory at -.8%, but is up from -1.2%.
I know, many of you probably don't follow this number, and some may not even know what it means. Basically, its interpretation is that … (3 comments)
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certified mortgage planner: How to Earn Money by Borrowing at 6.0% and Investing at 4.0% - 04/25/07 02:23 PM
This article is about the benefits of proper mortgage planning and how they can lead you down a path to true financial freedom faster than you thought possible, even faster than an MMA can get you there. The goal is to show you how you may be able to use your … (21 comments)
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certified mortgage planner: Lower Interest Rates Ahead? - 04/24/07 09:23 AM
At 10am EDT this morning, two normally moderate impact reports were released that is currently moving the markets.
Both Existing Home Sales and Consumer Confidence were released this morning and both missed expectations. What does that mean?
Continued weakness in the housing market is apparent based on the Exisitng Home Sales numbers, but … (5 comments)
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certified mortgage planner: How to Make $125K Tax-Free in Addition to Rental Income - 02/26/07 09:05 AM
If you are an avid real estate investor who likes to keep rental properties for a reasonable period before selling, then there is a way for you to make $125K tax-free over and above the rental income you receive. For this scenario, we will assume you are single simply because those … (6 comments)
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certified mortgage planner: Money Merge Accounts: Are They Really the Best Thing for You? - 02/21/07 09:37 AM
This revolutionary product is a good product for some, but the reality is that it may prove more costly to you over time.
Money Merge Accounts, or whatever else companies would like to call them, are good loan products for certain families. However, if you are a disciplined family and want increased … (144 comments)
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certified mortgage planner: Which is the Safer Investment - Home Equity or Burying Your Money in the Backyard? - 01/28/07 07:07 PM
Your first reaction to this title is what the heck is he comparing these two for, it is clearly home equity, right? Well, let's take a closer look at these two "investments". In order to do this, we have to understand the three areas that determine a good investment...liquidity, safety, and … (9 comments)
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certified mortgage planner: Even the Wealthy Need Financial and Real Estate Education! - 01/24/07 12:07 PM
I was reviewing an article in the Wall Street Journal and how it highlighted the fact that even the wealthy are heading back to school to learn about how to manage their money. The article highlighted several courses at various colleges and some companies that offer specialized courses. The biggest question … (2 comments)
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certified mortgage planner: Knowing When to Place Limits on Your Business - 01/20/07 11:13 PM
The New Year came in full force for me this year and I am faced with a dilema I am sure most of you would like to have. The problem is that I allowed myself to bite off more than I could chew. Actually all this happened last month which is … (10 comments)
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certified mortgage planner: Interesting Way to Forecast the Destruction of a Market - 01/09/07 09:13 PM
In the January issue of Money magazine, there was a small little feature which showed the correlation between the movies coming out of Hollywood and the following devestation on the markets portrayed in the movie. While the snippet focused on how hedge funds are going to meet their turmoil soon, it … (7 comments)
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certified mortgage planner: Is Your Nest Egg Cracked? - 12/26/06 01:49 PM
When it comes to your retirement nest egg, are you certain that you will have enough. There are a few things that may causecracks in your nest egg that you may not have planned for. Things like rising health care costs, your planned life expectancy and social security (or lack thereof). … (2 comments)
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certified mortgage planner: Need Long Term Care? Mortgage Planning May Help - 12/20/06 03:16 PM
About a month ago, an issue of Investment News contained an article discussing the importance of long term care options for clients. According to a study by the American Society on Aging, more than 70% of all Americans reaching age 65 will need long-term care at some point in their lives.
Common … (5 comments)
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certified mortgage planner: Everybody's Gonna Get Memed!!! - 12/18/06 09:50 PM
Jeff Belonger just contacted me today and said I had been memed. My first reaction was, what the heck is that? Is it good? Is it bad? I need more information.
Fortunately, Jeff included a link to his blog where he memed me. He did a brief explanation and that gave … (11 comments)
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