January 11th, 2013 2:37 PM by Eric Fang
I complete the weekly Thursday night run with clubrunners. And I happened to run with some fast runnersfor a couple of minutes. But I still had to slow down.I need to listen to my body and don't want myself got hurt.
It reminded me an email I got from one of the prospectswho want to get 3.25% for high balance 30 yr fixed ratefor no closing cost at all. I told him that I did notclose any loans with this rate, though I indeedlocked one loan with this rate, we could not completebecause the borrower did not file the tax return.
There are a little bit changes this year. Why the stock market is good, simply because everyoneexpect the economy is getting better. That's whyright after the new year, some bond traders soldsome of the positions which caused the long term rate higher. It's very hard to get any 30 yr fixedrate lower than 3.25%(417k) loan; And high balanceconforming loan rate lower tahn 3.5%.
Most of my clients got the rate we discussed. We followedthe tread. If you follow the trend in running, or swimming,you will find it will be much easier.
One big accomplishment for me for the January,I almostcompleted the Book: Snowball Warren Buffett.I did learn a lot about him, the investment strategyand the way how to do the business.
There is one chapter talking about how he maintained the relationship with his friends while he is stillvery busy. He will keep the conversation short. But he is different, st least he has a gatekeeper.Since I ma trying to return more phone calls, I will see how I can try the best