ARCHIVED BLOG POSTS
2012
2012 Is Here, Forecasting What May Be Ahead for Home Loan Rates The good news–despite what the Mayan calendar may say–is that the world probably won't be coming to an end in 2012. But like 2011, this coming year may bring some significant challenges here in the US and around the world. Read o...
01/11/2012
“Outstanding Article and Video About Laughter and Why It’s so Great for Us” My wife has facilitated seminars for many years. In every seminar she used humor and lots of it. She always said, there is nothing more important and it is so beneficial for us. With all the things that are going on aroun...
01/11/2012
“Sad When Mortgage Articles have Bad Information” It is frustrating to read information, that is flawed at best. We are fortunate as mortgage brokers to be able to find the best loan for individuals, even when they may have had financial challenges in their history. The book that I read many year...
01/10/2012
“Buying a Home After a Foreclosure or Short Sale” In my mortgage practice I run into this situation all the time. The authors of the article below, address the foreclosure piece. They make the point that interest rates on conventional loan are better than FHA rates, which is not true. After someo...
01/10/2012
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“Another Bonehead Move by the Administration” The Dodd-Frank bill specifically says the head of the Consumer Financial Protection Bureau, must be approved by the Congress and Senate. The administration has no regard for the law. The bill that they fought for, outlines the procedure that needs t...
01/09/2012
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“Additional Fees Coming After April 1st” They just can’t figure out how much higher the fees are going to be. Originally the discussion was 10 basis points, but now they don’t feel that is enough. With interest rates as low as they are, this fee doesn’t really look as bad to the consumer, not tha...
01/09/2012
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“I Love 2012 Economic Predictions” After reading an article like this, it tells me, no one knows. There are so many what if's, it could make a sane person crazy. Unfortunately, under this administration, not much is going to change. Our president will continue to campaign, like he has for months,...
01/07/2012
“3.5 Million Dollar Fraud Scheme in RI” It hits close to home, when this happens in a state that is part of my mortgage practice. I can’t tell you how it continues to piss me off, that this stuff goes on every day. Day after day we keep reading about fraud being committed all over this country....
01/07/2012
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“Delay for Dodd-Frank” Maybe if this gets delayed beyond the six months and we have a new President, additional help in Congress and especially the Senate, the bill gets repealed and we can finally stop this stupidity. This bill continues to cause more harm, probably why they are having difficu...
01/06/2012
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“Brain Power as We Age” My mother-in-law is 86, you talk about brain power. She is always doing stuff to keep her brain active. Besides playing bridge and trivia online, which she does daily. She is also, very much involved in the political process. I don’t know anyone that writes and emails more...
01/06/2012
