Escaping the Matrix - A blog for the financially fit!

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Education & Training - Independent Leadership & Financial Fitness Consultant
“Whoever does not wish to render history incomprehensible by departmentalizing it – political, economic, social – would perhaps take the view that it is in essence a battle of dominant wills, fighting in every way they can for the material which is common to everything they construct: the human labor force.” – Bertrand De Jouvenel I used to be part of the problem, now I'm hoping to be part of the solution. For 20 years I've helped families in Utah acquire loans. I refinanced hundreds if not a thousand mortgages, I've also helped hundreds of home buyers throughout Utah and other locations. Though I didn't realize at the time I was part of a economic system that is strangling and subjecting millions to economic slavery. I'm not suggesting that mortgage lending is "evil" or unnecessary, however, even after the Mortgage Meltdown in 2007, we still give money to millions who are not ready, nor have the "thinking" or "habits" they need to pay down their mortgage. I always knew that the posted rates we gave our borrowers were based on our customers paying their entire loan off over 15 or 30 years. What the borrowers never realized is what the "REAL" interest rate they were being charged by their banks. This blog will hopefully help those ethical mortgage and real estate agents who understand the great responsibility they have in helping their customers acquire what we call the "American Dream". I hope this blog also gives the prospective homeowner prepare themselves financially for making such an important purchase decision. I also want to caution those homeowners considering their mortgage as a giant piggy bank to draw against for expenses that will never provide any type of long lasting return. Thanks for reading my blog.
RECENT BLOG POSTS
How many times have you walked into a Wells Fargo across this country and bumped into a smiling young man or woman? They usually are in their early 20’s, pleasant to be around, and they are aggressively attempting to get your checking and savings business!  Once they sit you down at their desk th...
06/23/2015
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It's been a few years since I seriously spent time writing about this industry.  Late 2009 was a rough time for me in the mortgage industry for many reasons, both professionally and personally.  I took a break until 2012 and re-entered as a HMC for Wells Fargo Bank.  Though everything had changed...
06/03/2015
You open up your credit card statement and your shocked to see that your credit limit has been reduced to what you currently owe! Or worse, your American Express card was just declined due to your credit limit being limited (and you thought AMEX didn't have a limit). As the economy continues to s...
03/11/2009
    I am constantly reading and researching for myself and the clients I serve, and I've come to some rather grim conclusions, sprinkled with some hopeful solutions.  Currently we are witnessing the greatest financial meltdown in world history.  It's not just a maybe anymore, it's a guaranteed ce...
02/28/2009
End of the world predictions have been around for years.  From War of the Words, to global environmental collapse, you've probably watched one recently.  I've always loved these movies, even though the premise is often ridiculous and unrealistic.  Now that the economy is crashing, millennial and ...
02/27/2009
Often you hear different theories in regards to where real estate values should be.  The reality is often different then what one may hear.  For years I've been under the impression that real estate is a function of supply and demand.  You have a certain number of homes, and a certain number of b...
12/29/2008
My wife and I have 5 children, and at this point we've decided that this is enough.  As many women know, breast feeding children can have debilitating effects on their breast tissue.  Breast augmentation is one of the more popular solutions to this issue, (one that I endorse!!).  But if you do a ...
12/12/2008
My wife and I have 5 children, and at this point we've decided that this is enough.  As many women know, breast feeding children can have debilitating effects on their breast tissue.  Breast augmentation is one of the more popular solutions to this issue, (one that I endorse!!).  But if you do a ...
12/12/2008
As I lick my proverbial wounds, I'm realizing that politics is 90% marketing and 10% real ideas.  Look at Obama's rise to power.  He's young, vibrant, and for some reason he's convinced allot of voters that hope is all that matters.  Now like most politicians he's going to have to do something ab...
11/05/2008
PNC purchases National City   You want to know why the average citizen is to the point of not caring anymore about politicians promises. Just look at the financial headlines today.  PNC just purchased National City Mortgage, and guess what they used to do it? Yep, that's right...your money folks!...
10/24/2008
Rainer
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Karl Christen

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