Ryan Frost's (charlesryanfrost) Blog

Rates have improved 7 out of the last 8 days, but not as much as one would think given the "flight to quality" that bonds offer in uncertain times. With so much unrest in the middle east and Greece again, we would expect a decent drop in rates, but with the price of oil skyrocketing, inflation c...

"This is not my favorite subject, but I thought it would be a good post because I am surprised at how often I get past clients who are hesitant to discuss divorce with me, their loan officer, until things are so far down the road that any financial advice I can offer is a mute point. I try to cr...

I can only live and breath mortgages so much and with winter clearly back upon Utah, I am getting a little spring fever. Usually I cure this with a few hours of skiing, but I am not at liberty to partake in the powder today so I am looking forward to the warming weather.  This made me thing of fl...

Until recently, most Loan Officers got their training simply by being hired, given a desk, a telephone, and the employer saying "Watch and learn from this guy." Being a loan officer was and still is a balance between sales abilities, knowledge and organization. In the past few years more and mor...

I have been a Utah mortgage broker for almost ten years now, and the reason I have always chosen this path, as opposed to working for a bank, to assist my clients and referral partners is because I have options. I can shop for the best rate, or I can use different programs between different lende...

The US unemployment rate dropped to 9.4% in December. What caused such a sudden .4% drop from the previous month? The survey done to determine the unemployment rate explained that the labor force (people who are able and willing to work employed and unemployed) shrank by 260,000 people. This is a...

So, I heard Warren Buffett's firm Berkshire Hathaway sold off 10 year note bonds in an effort to retire bonds that are set to come due on shorter term maturities. Basic understanding of the yield curve tells us the longer you are going to borrow money, the more you have to pay for it. With rates ...

Looks like a bill will be voted on to Nullify the Home Valuation Code of Conduct (HVCC). Stay tuned in the next few weeks. To see if it passes the house. The senate will then have to vote on it and it is expected to be presented by the end of the year. I can tell you from the front line of assist...

Rates do not look good and have already opened worse than what we have seen the last week. Just a quick note to agents who have clients shopping ahead of the $8,000 tax credit deadline- Remind clients that if they wait and haggle over $5,000 dollars on an offer, they may end up getting a better d...

Utah  versus USA current unemployment data       The unemployment rate in Utah is currently 6.1% versus the US rate that is nearing 10%. I wonder how much under employment we are currently experiencing? I have read that in order for the US to keep up with population growth we must create at least...