Michael Creed's (michaelcreed) Blog

Studies show that in 2007, almost $1.5 trillion (yes, that’s a “T”) worth of adjustable rate mortgages (ARMs) have already reset or are due to reset soon; that’s five times the number that reset in 2006! You might be asking why is there this sudden increase in mortgages up for adjustment? It’s t...

When seeking a mortgage, borrowers often get fixated on a specific rate that has an emotional brink; usually something like 6.49% or any other number that we as humans find visually pleasing.     However, deciding to buy down an interest rate is far more complicated than just an attractive numbe...

A while back, I decided that I needed to concentrate solely on picking up new business through my existing business channels (or variations thereof) because an in-depth analysis of my newsletters showed that readership was dismal at best.  This blog, although a great tool, was a small part of the...