No Big News in Economics This Week

by Athena Paquette | November 17, 2022 | Blog | 0 Comments

I have talked about this before but I think it is worth revisiting after our talk last week about the prime rate. A mortgage is a loan or debt that is secured by real estate. In some states it is also the word used for the lien that is put on the property to secure...

How raising the prime rate makes mortgage rates go down

by Athena Paquette | September 26, 2022 | Blog | 0 Comments

I have talked about this before but I think it is worth revisiting after our talk last week about the prime rate. The Federal Reserve raised the Fed Funds rate (often confused with the prime rate) by 0.75% this week.to 1.75% it was 0.25% a year ago. The highest 1-day...

Mortgage Minute – ARMS and HYBRIDS

by Athena Paquette | September 19, 2022 | Blog | 0 Comments

What do you do when mortgage interest rates jump up 2% in 4 months? Don’t go LONG, go SHORT use a HYBRID ARM loan ARM means adjustable-rate mortgage. But some people are not comfortable with the idea that their mortgage payment and that the interest rate will start...

Mortgage Minute – Adjustable rate mortgages or ARMS

by Athena Paquette | September 12, 2022 | Blog | 0 Comments

When rates go up, we usually see a switch over from the 30 year fixed to ARM loans. Why go LONG at a high rate when you can go short at a lower interest rate and get the upfront savings? People do this to help ease the payment shock of rates going up and to help them...

Not a lot of news this week, but interest rates slid down .125% in most categories. Jobless claims for the week were down a bit, and the ISM came in with a strong number. That didn’t move the markets, so we are in wait and see mode.

Creating Cash Flow with Real Estate from A to Z

My Cash Flow Academy Community Calls

Real Estate Investment Class

Cash Flow Game classes

Payment calculator

Mortgage calculator

Glossary of Terms

Loan checklist

What is a mortgage?

How raising the prime rate makes mortgage rates go down

Mortgage Minute – ARMS and HYBRIDS

Mortgage Minute – Adjustable rate mortgages or ARMS

Introduction

Just the facts

No Big News in Economics This Week

Latest Updates