December 29th, 2012 7:02 AM by Eric Fang
My second biggest investment for the yearof 2012 is my business. As I said before,I focus on my business more than stocks/bonds,Real Estate investment.
For this year, my business revenue increasedby 57%(compared to the year 2011). And itwas 33 better than the best year of year 2010.
Thanks for QE I,II,III,IV, we had low ratesmost of the year of 2012. My assistants helpedme process the loans smoothly and also my strategywas right to take some risk to collect lots of loanswhen the rate was high and my prediction of therates were right most of the time of the year.
Looking forward to 2013, I will add one more employeeso that I can focus more on loan origination and customer service. I will try my best to pickup more phone calls in the coming year. I will trymy best to help most my clients to get 3.125%for 30 yr fixed rate(<=417k) this year.
I expect my overal business will be 75% of theyear 2012. The interest rate will be lower the 1st half of2013. I still recommend to switch ARM programs to15/30 yr fixed if you can afford those rates.
Once the inflation is over 2.5% and/or unemploymentrate is less than 6.5%, the interest rate will beat least 0.5% higher than the current level.