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Quotes of the Week: Necessary Change

Quotes of the Week: Necessary Change

This week I was thinking about what it takes to go from where you are to where you want to be. I thought back to times where I wanted to reach a goal so bad that I was willing to do anything. I can be pretty “black and white”, which in this case is good,...

Economic News This Week (June 17th): Bad News for Rates

Economic News This Week (June 17th): Bad News for Rates

Tuesday the CPI or consumer price index was up 0.2% with the core rate up 0.2% which was benign news. Wednesday was a busy day: the May PPI or producer price index was up more than expected, jumping 0.5% on higher field costs but the core rate was up only...

Success Story of the Week: The Dangers of Online Lenders

Success Story of the Week: The Dangers of Online Lenders

A longtime client (did her first loan in 1992) called me to see if she could get a HELOC converted to a fixed rate (I actually got 3 such calls this week cause of the fed raising the rate) or should she refi. I said it’s cheaper if her current HELOC lender...