Mortgage Blog

Sometimes, we do have to make a decsion, decide whether
we want to do it or have it now, or the later in the
future.

We will always think about this when we do investment.
When we purchase the rental properties, as long as
it brings positive cash-flow, we should not care too
much about whether the price goes up or down. When we
purchase stocks(better with ETF or mutual funds), we'd
better invest in the company that it will stay for
a long time, invest in those companies with a big moat
against its competitors.

I am kind of immune to the stocks market for the
past week. One reason is that I was too busy to
watch market yet(I havd to get the rates for my clients).
But history proves that there are always plenty of
opportunities when the market crashes, as long you
can hold longer enough.

This week, NYCB(formerly Amtrust) requested the
borrowers stay with the lender for 6 months if the
loan closed after Sep 10th. I sent out letters to
my current clients(in case we can not close by then).
A few people seems concerned and hope not waiting the
best rate.

Life should be simple if you know the true meaning.
I will be happy if I read a good book;
and happy too when I get my clients a good rate.
But as I always said, I don't care too much about the
rates going up or down. Are not we blessed wuth
those incredible low rates?