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Economic News This Week: Manufacturing Numbers on the Rise
It was a quiet week with economic data. There was no data news that moved markets. Monday the Institute of Supply Management Service Sector was up to 60.2 from 58.7, a bigger than expected jump which is not mortgage friendly news. Thursday the Institute of...
Success Story of the Week: Should You RECAST Your Mortgage Loan?
Cathy and James have been clients of mine for almost 20 years, and have done several refinances after their initial purchase on a zero down in 1999. They bought their home for $320,000 and it is new worth $900,000. They called recently to ask about another...
Quote of the Week: The True Meaning of Independence
July 4th was US Independence Day. This week I thought a lot about independence and what that means to me. There is of course financial independence, independence of thought, of lifestyle and living, etc. When I speak with older people, they say that losing...