florida mortgage planner: Will the Federal Reserve Pay You to Borrow Money? - 04/29/09 06:05 AM
As strange as that sounds, many moons ago I mentioned that the Fed, led by Ben Bernanke, would love nothing more than to pay people to borrow money and a study released yesterday proves I was right. The fact is that Big Ben wants inflation so bad that he would be … (6 comments)
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florida 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.
… (4 comments)
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florida 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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florida 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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florida mortgage planner: Welcome to Sunny Florida... - 05/09/07 08:49 PM
Florida has been called the Sunshine State and for very good reason. We have a lot of days filled with sunshine, but we also have a lot of days filled with rain. In case you don't know where we are, we are the state covered by the swirling clouds.
On top of … (9 comments)
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florida 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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florida 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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florida mortgage planner: Unique Opportunites Abound - You Just Need to Open Your Eyes - 05/03/07 09:02 AM
Well, most of you know that I returned to flying and I decided to continue my mortgage business. What you may not know is the opportunities it presents to grow my business. Hopefully, you will be able to see some opportunities to grow your business after reading this post.
Building relationships are … (1 comments)
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florida mortgage planner: Finding Solutions is What It's All About - 04/24/07 10:43 AM
As I went back to flying, I started thinking of whether or not I should continue doing mortgages or focus solely on flying. I came to the intitial conclusion that maybe I should just close up the origination side of the business and simply offer to speaking and educational events only … (6 comments)
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florida 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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florida 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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florida 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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florida mortgage planner: Americans Just Can't Stop Spending - 02/01/07 12:39 PM
This morning, an inflationary telling report came out called the Core Personal Consumption Expenditure (PCE) Index. This report is one of the large contributors to determing the Fed Funds Rate movement and it came in at 2.2%, just higher that the 2% the Feds like. Nothing to worry about by itself … (27 comments)
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florida 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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florida mortgage planner: Don't Read This! (Unless You like Money) - 12/06/06 08:51 PM
Many people keep hanging on to the old beliefs about money. The truth is that they don't know how easy it is to make it. I don't mean those "get rich quick" schemes, but making money slowly and safely over time doing what the banks do.
That's right, the banks do the … (15 comments)
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florida mortgage planner: Welcome to the Mortgage Planning Strategies Group! - 11/28/06 10:21 PM
Hello and welcome to the Mortgage Planning Strategies group. This group is designed for posting mortgage strategies and information related to mortgage strategies (ie. tax deductability). As you can see, I have gone through some of my old posts and added them to the group already. Please use them as examples … (0 comments)
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florida mortgage planner: Interest Rates and Their Effect on Potential Homebuyers - 11/12/06 09:28 PM
When reviewing a survey that was conducted about a year ago, it reminded me of what really drives potential homebuyers to make that home purchase. In light of the fact interest rates may start rising again, what effect would that have on the real estate market during a recovery, or any … (9 comments)
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florida mortgage planner: Planning to Retire a Few Years Later? - 11/10/06 09:08 PM
Most financial planners will lead you to believe that your only hope of being able to retire is to delay your retirement a few years in order to gain full social security benefits. The extra time also allows your 401(k), IRA, or other retirement investments to grow more. They will tell … (4 comments)
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florida mortgage planner: Student Rentals - Worth a Closer Look! - 11/06/06 11:26 AM
In the September issue of Financial Planning Magazine, one article was focused on parents purchasing rental properties instead of having their children pay room and board while attending college. Looking at the costs, we found room and board can be as much as $16,000 or more, depending on the circumstances and … (19 comments)
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florida mortgage planner: Rules for Calculating Retirement Income Have Changed - 11/06/06 11:01 AM
In the September issue of Journal of Financial Planning there was a study that illustrated how more Americans at the later stages in life are carrying a home mortgage than was the case in the 80s and 90s.
Here are some of the highlights shown in the report...
For Americans that are … (0 comments)
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