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

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 the debt. Normally this loan is paid back over a specific time , like 30 years or 15 years, until the entire...

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...

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Economic News this Week: This week brought us a few sighs of relief

May 8, 2018 | Blog, Featured

This week brought us a few sighs of relief and a little worry about inflation but all in all, no market movers. Monday: The March Personal Income report came out, and average income went UP 0.3%. Yet SPENDING went up 0.4%, so the average American is spending more than...

Economic News this Week: The data that came out this week is not the most market moving as compared to other weeks

Apr 29, 2018 | Blog, Featured

The data that came out this week is not the most market moving as compared to other weeks, but was worth noting. Some investors were relieved that the international news (read No. Korea) was looking better. Stayed tuned next week for JOBS JOBS JOBS… Tuesday: March...

Property Scouting Report from Florida and Our Mobile Home Park Bootcamp Experience

Apr 29, 2018 | Blog, Featured

Here are the updates from my property scouting in Florida and Mobile Home Park Bootcamp. Oh yes! Are you ready to train your brain for investing success? Did we (Tom and myself) get everything we wanted? Tune in and find out.

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