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Tag: mortgage blog

Four Words To Forget

An excerpt from #This Is Brokering. “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel” — Maya Angelou There are four powerful words to eliminate from your vocabulary. Never forget that we are in the business of building relationships and these […]

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Struggle: It Is The Point!

Struggle. Anything worth doing begins with struggle. Struggle to push back against the weight of the world, struggle that’s seemingly insurmountable. Until you realize that just like doing a push-up, you can press against the world and win. Ask yourself, is it your body moving when you do a push up? Or is your body […]

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Bricks & Mortar

In this business, each file you complete is another brick in your wall. The first walls (years) form the foundation that you are building your business success on. With a strong foundation, it’s up to you how many levels you build upon it. What strengthens a wall? Many things, but a key is the mortar […]

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The Groove In Your Brain

There are many grooves worn into my brain, yours too; the repetition of mundane tasks creates low-level grooves with low impact on our day-to-day well-being. However there are others types of grooves worn so deep that when trying to think or behave logically we either trip over them or worse, we fall right into them, […]

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Chapter 99: Appraisals — Know When to Hold ‘Em

An excerpt from the book Be The Better Broker’ Volume 3 Appraisals: Know When to Hold ’Em “You’ve got to know when to hold ’em.” –Kenny Rogers What happens when your client asks for a copy of the appraisal? Short Version Do not release an appraisal report to a client — ever. Long Version Think twice about […]

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The Four Ingredients

BELIEF DETERMINATION ACTION DISCIPLINE – A.K.A. Constant Spaced Repetition Step One: Belief Belief boils down to three little words: clarity of purpose. Clarity of purpose is crucial. Do you know why you are doing what you are doing? Do you believe wholeheartedly in the why? Do you feel an unshakable sense of purpose around the path […]

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Journaling: A Mind’s Best Friend

There’ve been numerous studies (sorry, no links to any) that confirm a connection with both learning new information and processing experiences through putting pen to paper and writing things down. I write… a lot, much of it on a keyboard. However every single morning starts, and nearly every single evening ends, with my putting a pen […]

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What If Interest Rates Quintuple?

We shall go no further than this final post on this theme. The point is made. Over the past three posts we’ve looked at (increasingly) extreme rising interest rate scenarios through the lens of household mortgage payment. Specifically, what happens to the average homeowner’s mortgage payment as rates double, tripe, quadruple… and today you guessed […]

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What If Interest Rates Quadruple?

Welcome to part 3 in an escalating series of ‘what if’s’. Please Note; I’m personally skeptical we will see any significant interest rate hikes over the next five years. (significant being more than 1% – 2%). And given that borrowers were/are qualified at a stress test rate of 5.25% (currently) the system is built to […]

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What If Interest Rates Triple?

What If Interest Rates Triple? Rather than make noise about how ‘rates can only go up’ – which is a ridiculous statement. Rates can go any one of 3 ways at any time; up, down, or flat. And when they do move, it is typically in small increments. Although I guarantee you, some media outlet […]

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