Lending Peace of Mind - Just another WordPress weblog

Lending Peace of Mind

Just another WordPress weblog

Archive for the ‘Save Money’ Category

7 Ways to Find Savings and Reduce Debt!

Posted by Laura On October 20th

Looking for a an easy way to Reduce Debt and Find Savings?

Saving money doesn’t have to be a chore any more! Here are 7 helpful and easy ways to save you a lot of money, while you Reduce Debt:

  1. Timely Alerts - whether you want text or email updates – you will know what all of your accounts is doing 24/7 – you will be able to discover any hidden fees from you bank of brokerage firm, respond quickly to errors and offer 24/7 protection against large purchases!
  2. Easy Budgeting – Take it from me – it is the easiest budgeting software I have ever used and I HAVE TRIED A LOT OF THEM. While working as a loan officer I would create budgets for clients, but it was still not an easy thing to follow – Mint takes the work out of it, as it will tell you how much you are saving and how much you have left to spend every month, it will also tell you how to cut back! Read the rest of this entry »

moz screenshot Whats Going on with Inflation and Interest Rates?

If you’ve seen the news lately, you know concerns about inflation are increasing. But what does it really mean to you? political pictures alan greenspan inflation mighty interest rates Whats Going on with Inflation and Interest Rates?

The fact is, inflation is a very serious issue, and it will likely be on the rise as 2009 proceeds…and along with it, home loan rates will rise too. Read the rest of this entry »

SAVE MONEY: Having Money is NOT about Luck!

Posted by Laura On June 12th
pig brownbag SAVE MONEY: Having Money is NOT about Luck!

"Feed Me"

Having Money is not about Luck – Money is not going to fly off the back of armored cars…like it did in Detroit where It’s Raining Cash!

Saving money and budgeting takes work. Those who take on the task and master it are rewarded greatly.

Need help feeding your piggy bank – listen to Benjamin Banks who will guide you on how you can FeedthePig.org

This is a great online tool for families to “trim the fat” in these tough economic times and a great tool that will help teach your kids the benefits of savings.

Check out some of the highlights on how to get started:

Read the rest of this entry »

 

1.      What are mortgage interest rates based on?

Mortgage rates are based upon Mortgage Backed Securities or Mortgage Bonds, not the Treasury Note. While Treasury Notes sometimes trend in the same direction as Mortgage Bonds, it is not unusual to see them move in completely opposite directions. DO NOT work with a lender who has their eyes on the wrong indicators. Read the rest of this entry »

Interest rates are at or near all-time lows. However, when shopping for a new home loan one thing you need to be cautious of could be referred to as the “Great Misconception” or “Great Deception.” Beware of whom you speak with – they may not have your best interests in mind.

This month, YOU Magazine visited with Jim McMahan, President of McMahan Mortgage Consulting and Executive VP of Benchmark Mortgage, to ask, “What should someone be looking for when considering a mortgage professional?” McMahan, a 22-year veteran of the business offered some interesting thoughts and personal experiences as a consumer that would serve anyone well when seeking advice and direction about a home loan.

Read the rest of this entry »