January 2011

Smart Money: Are Financial Advisors & Mortgage Lenders On Your Side?

Smart Money just published a good piece on how to determine if financial advisors, mortgage lenders, insurance agents and college aid advisors have your best interest in mind—or if they’re in it for themselves. It’s got some good basic tips for consumers. Below are the financial and mortgage advisor excerpts, and here’s the full report.

Ridiculous Market and Movie Character Overreactions

Markets often overreact. Like last May 6 when the Dow dropped 1000 points after Greece’s parliament voted on measures to control it’s out of control debt. Or even like today when rates rose .2% after New Home Sales rose 17.5%, making mortgage bond traders think the economy is fixed. It’s enough to drive you insane.

2011 Rate Outlook, Part 1: Rates Crisis Peak To Present

An old lending joke says: the most accurate rate outlook is that rates will go up, down or stay the same. And with market heavy volatility since 2008, this could in fact be the most accurate outlook. But in all seriousness, below we examine these three scenarios since November 2008. This post is PART 1