Mortgage Blog

2011 will be a year of opportunity. The stock market is
good, so it will be good for my clients since most of
you have stock options or ESPP. And aslo Fed QEII seems
working.

Nov-Jan is the party time, from Thanksgiving, Christmas,
New Year and Chinese New Year. And one of the hot topics
now is the investment.

For all of us, we will go through the following stages
after college: save the money, build the equity and
protect your assets.

For the mortgage(Purchase or Refinance), we can only
save money, and usually just around $100 to $200.

For the first 2 months of this year, the mortgage rate
should be stuck in the trading range. I don't think we
will see 30 yr fixed rtae below 4.5% in the next two
months. It's ok for most of my clients since you guys
already have a very good rate.

In order to make more money, we should focus on big
picture now. I have some friends focus on the RE
investment; some on stock trading; some on career
improvement. Just do whatever you think you can do
the best.

For myself, I focus on the career improvement. I will
continue to improve my knowledge on mortgage, bonds,
insurance and trust. I can help my clients more
in the future.

I have a stock trader friend, his goal this year
is "timing" the sell/purchase one day better.
He said that if he could do that, he will improve the
gains by 10%.

I have another client saying that he will purchase
more REOs in the next a few years and that he will
retire within 5 years.

Though I am a loan originator, the mortgage planning
should be a small part of your financial planning.
Just focus on the big plan you have.