Mortgage Blog

The tension with Iran disturbed the market, and the interest rate is lower. Please email me or call me if you have the most recent rate reset or want to refinance the rental properties.

Also, major banks begin to lower the rate starting next Monday, so you will expect the 7/1ARM rate lower for the refinance(just a little bit lower).

I started new schedules this year. Like go to bed 11pm, get up 6am, then work for 2 two hours and run for an hour. It works well for the past a few days. Hopefully I can keep this schedule.

Read an interesting quote from Warren Buffett regarding reading. According to him, reading is like "compound interest". If you see the difference after a few years reading, like 10 or more years later.

We stayed at an India friends home while we visited Bangalore. We talked about the financial markets(He was in USA before, and went back to India since 2006). And he asked me about how onion is important to the poor people in India. I told him yes. I told me that I read one book before, and it said onion was very important to the poor people's life. And that's why there were protests from the poor when the onion price went up in 2019. And also Indira Gandhi wore the Onion Ring as the necklace at her campaign.

I had a terrific year of stock investment for 2019. The return was 45%. And I did not do any trades.