| |
nwi fha: iTunes and the Mad Mortgage Machine - 01/18/10 07:25 AM
As promised, the Mad Mortgage Machine Podcast can be downloaded from iTunes. I submitted to its vetting process late Friday night and late last night I was notified that I had passed. Please enjoy the show. Comments and questions are deeply appreciated.
A good rating is even more appreciated. I am going to be playing with the format as we go along and with the addition of more videos here and on www.madmortgagemachine.com. I am expecting great things in the 2010 and beyond.
I may not be licensed in your state, but as someone that has cultivated relationships … (1 comments)
|
nwi fha: Mad Mortgage Machine Ep.1 - 01/16/10 11:06 AM
Where do Mortgage Rates Come from…
This quick 30 minute podcast delves into the relationship between mortgage backed bonds and interest rates. Plus, what Bernake does has little to no effect on home loan rates.
Here is the link for the episode – Where do mortgage rates come from…
I, also, give some very pertinent information on short sales and give you the home owner, home buyer and the real estate agent an opportunity to sign-up for my free white paper download.
On a side note, I have submitted my podcast to iTunes to be included in the “music store”. I … (1 comments)
|
nwi fha: Goals: a lesson in how-to - 12/31/09 11:16 AM
I wrote this blog nearly two years ago to the day. I wanted to revisit it and rehash it. I wanted to give myself a refresher course.
Your goals should contain the following 6 guidelines.
I call it the S.M.A.R.T.Y Method. It is still a work in progress and always being touched up.
#1 - S - Specific: Your goals should be as specific as possible.
How many transactions a month do you want to do? How much money do you want to make? How many hours a week do you want to spend working, time with kids etc?
#2 … (8 comments)
|
nwi fha: Indiana Real Estate and Mortgage Market Conditions - 07/06/09 11:06 AM
July 06, 2009
Today, I am still in vacation mode and taking the afternoon off to the Girl the water park here just west of Michigan City. However, the rest of the mortgage and other markets are not taking the day off. They are back in full swing for the "dog days" of summer. When is our next day off? Labor Day?
July 06, 2009 Mortgage Market Conditions from Dave Woodson on Vimeo.
Mortgage and Housing Market Condition for Indiana
If you have any questions just let me know, my new mortgage hot-line number is (219)841-5053. I love Google Voice. I am … (0 comments)
|
nwi fha: 10 Great Reasons to be a First Time Home Buyer - Part 1 - 03/23/09 02:55 PM
There are 10 Great Reasons to Buy a Home as a First Time Home Buyer
Here are the first 5
10. This is a double whammy, you get to tell your Landlord and the noisy neighbor upstairs to get lost
9. There are tons of great financing options for The Indiana First-Time Home Buyer
8. As an Indiana First-Time Home Buyer you have many Foreclosures, HUD Homes, Handy Man Specials, Estate Sale, or Short Sales to choose from some at a reduced price and that equals instant equity.
7.. Interest rates are near historical lows this is a great benefit as … (1 comments)
|
nwi fha: This Week, Switching to Decaf - 02/03/09 07:52 AM
This week, Consumer confidence hit an all-time low and 100,000 Americans were laid off last week, each of these events played a role in the mortgage market's decline. For the 3rd straight week, mortgage rates moved up coupled with average loan fees increasing, as well. However, seemingly lost in all of the negative economic news. There were two bright shining lights worth looking into and discussing. They show that we may be closer to a recovery than previously expected.
the supply of "used" homes for sale fell from 11 months to 9 months nationwide, and NW Indiana is a little better … (5 comments)
|
nwi fha: Looking Past the Headlines - 01/16/09 11:51 AM
Looking Past the Headlines
I have preached and preached about the negative news that we get, but they are still up to it and it still makes me mad as a hornet. In the latest, Mad Mortgage Machine blog and videocast, I go off on the papers a little as they expound and do not give the whole stories and how the banks are requiring more upfront points.
Here is the video and the link to the Rest of the Story. I love Paul Harvey.
Dave Woodson
… (1 comments)
|
nwi fha: Wait for it...Do it, Do it NOW - 01/15/09 11:57 AM
After a weak holiday shopping season, annual retail sales declined in 2008. I know we did a smaller Christmas in our family and extended family
It is the first time annual Retail Sales declined since the government started tracking the data some 40-odd years ago.
It also gives nod to the notion that the U.S. economy is suffering through a deeper recession than I previously ever thought. There was a large pullback in spending, especially in December which is the heaviest shopping month, this highlights just how cautious and tentative the nature of the American shopper.
I find it strange … (2 comments)
|
nwi fha: Supplying Demand - 01/13/09 06:01 PM
Everything we buy is based on Supply and Demand, oil, cars, food, hdtv and even Real Estate.
* If demand outweighs supply, home prices rise (think 2002-2007) * If supply outweighs demand, home prices fall (think last year) So, it was good news for sellers last month that the inventory of “used” homes fell 6% nationally last month. Less supply often means higher prices. Think of “Tickle Me Elmo” on Christmas Eve, your kids wants one and you got the means, what are you willing to pay?
And, of the 29 metro areas that are tracked by the real estate … (2 comments)
|
nwi fha: My Predictions for 2009... - 01/07/09 12:22 AM
I Predict that… 06 January 2009 | Business, Mortgage, real estate | admin
The New Year is not even a week old but that is not stopping the market “experts” from predicting what’s in store for us in 2009.
The calls on Indiana housing and Indiana mortgage rates run the gamut:
* Home prices will fall more * Home prices have hit bottom * Mortgage rates will dip just a bit more * Mortgage rates will rise a lot
If you put it all together it is pretty clear that the “so-called” experts have no clue what the future holds for … (5 comments)
|
nwi fha: Opportunities - The Exist - 10/24/08 12:10 PM
"Failure is not the falling down, but the staying down." Mary Pickford (1892–1979) Canadian actress
As, some of you may have heard existing home sales were up last month, or better yet beat expectations. The talking heads were expecting 4.95 million and we got over 5 million. That is good news. Now, I am not declaring a bottom, far more knowledgeable people have done that and have egg on their face from it.
But, we are going to see the rebound come from the "little" people from Main Street and not Wall Street. While they wait for their bailout; we … (8 comments)
|
nwi fha: NetWorking in Valparaiso - Porter County - 10/23/08 11:34 PM
Today was the Annual Porter County Business Expo. It is great to see so many businesses all working to create jobs and wealth in NW Indiana. We had Law offices, Marketing Companies, a couple of Real Estate offices and some companies that I never heard of or even thought were in this area. Like the web video guy that I have been looking for on the net and here is one in my backyard. Plus, many many more that I cannot even remember the names of or the categories they represent, but I have their card and I will be following … (1 comments)
|
nwi fha: Chili for Breakfast & 700 billion seconds ago - 09/29/08 10:01 AM
It is what all the mortgage champions are eating for breakfast.
I love pizza, and I really like Chili. I really like it for breakfast it is a super food. No, I am not going to break into the "beans the magical fruit" song. Well, for one my chili does not have beans. It has corn, and turkey, Italian sausage, diced tomatoes, spices from the gods and BAM we got chili. I ate it all day yesterday, but I am sure we all know that chili is best the next day or even the day after that.
Well, why am I … (6 comments)
|
nwi fha: Bounce, we like a good bounce - 09/23/08 09:18 AM
Hey, everyone, I just wanted to share a Mad Mortgage Machine Minute with everyone.
We have a nice bounce off of the 25-day moving average. We are 44bps at this point in the day. Oil is down under $108/barrel and stocks look to open higher. Here watch this quick video from deep down in the Mad Mortgage Machine Bunker
If you have any questions or concerns - just let me knon. I have my FHA Training ready for Realtors, I can come to your office or even do it face to face in a Starbucks for those that would … (1 comments)
|
nwi fha: Hey, I Tried - 09/22/08 09:00 PM
Saturday, while I was out running a few errands. I came across a Realtors sign that had a call capture # on it. I called it to see who or what it might say. And, I got a "that extension does not exist" recording.
So, today, I drove by the same place as I was out hitting a few places to market to and garner some more business. I called again and again I got the same recorded message. OK, I thought, I will call the Realtor on the sign. I did and that was over 8 hours ago and he … (23 comments)
|
nwi fha: Mad Mortgage Machine Show for 09/13/2008 - 09/12/08 12:29 PM
Here is a quick video for tomorrows Mad Mortgage Machine Show and podcast.
This week, I talk to Giovanni from New Beginnings Credit Repair in Merrillville, In. I, also, discuss the fairy-tale foreclosure from the Extreme Home Makeover in Atlanta, Ga, the possible affects of the the fed taking over Fannie and Freddie, and the possible resurrection of Down Payment Assistance.
So, tune in tomorrow for the Mad Mortgage Machine Radio Show on WIMS am 1420 or WIMSRadio.com
The NW Indiana FHA Lender of Choice
Dave Woodson
The Mad Mortgage Machine
… (0 comments)
|
nwi fha: Now this has to stop... - 09/10/08 08:26 AM
Do you know that this housing disaster(as some people are calling it) is hurting some of our most prized processions. No, not the Declaration of Independence, the Bill of Rights(that gets trampled everyday) or even the home of our first President. No, the people being hurt by this housing crisis are our very own NBA basketball stars. Even the ones that don't like to practice.
AI (Allen Iverson) for those that don't read the sports page or watch ESPN with regularity, and it certainly does not stand for artificial intelligence, which I am not sure if has ever displayed any at … (2 comments)
|
nwi fha: The Next Level - 09/09/08 08:39 AM
I know some of you have been waiting for my opinon on the Fannie/Freddie take over, but it is going to have to wait. I will be honest here. I have not developed one yet. I know it is coming. I think in the short term it is a good one since rates had dropped like a bad habit and mortgage backed securities are looking decent this morning.
I have been taking a personal beating of late. I know some of you have included me in your prayers, but this morning. I was awake at 4am. I had time to ponder, … (5 comments)
|
nwi fha: Ever make a mistake this big - 09/03/08 09:31 AM
Did you hear the one about the parachutist that landed in the football stadium to deliver the game ball, in the wrong stadium. Well, it happened last Saturday. "Doh", Homer would say.
I am sure we all have made mistakes and now more than ever people are in a living nightmare by not listening to a true mortgage professional. They went with some fly-by-night, of the TV Li-Tech type of place and got sold on a mortgage they could not afford. Or, even worse, went to the local bank and got sold a loan when they should have gotten another … (6 comments)
|
nwi fha: Do the right thing - 08/24/08 09:06 AM
"Always do right. This will gratify some people, and astonish the rest." Mark Twain (1835 – 1910) American humorist and writer
It is a shame that this quote is so true. Last few weeks, I had to reject a loan over the fact that I knew there was fraud afoot. I know there are people in my realm, who would have done the deal to get their foot in the door to the Realtors office. I refused - doing the right thing is not an option it is the only thing.
I hate when I hear the Mortgage Brokers take pipe … (15 comments)
|
|
|
|
|
|
Dave Woodson
Chesterton,
IN
More about me…
Dave Woodson
Address: 212 E. Lincolnway, Valparaiso, IN, 46383
Office Phone: (219) 872-8000 x 219
Cell Phone: (219) 608-9790
Email Me
 Listings
Links
Archives
|
;)
;)
;)
