Florida's #1 Certified Mortgage Planner's Blog

It is Halloween and today represents a day for ghosts, goblins, and ghouls to come out and scare everyone.  But could there be something scarier lurking in the daylight?

There is certainly no shortage of scary stuff this year.  Lead poisoned toys, fish and tea from China.  Terrorist plots.  The mortgage meltdown and liquidity crisis.  Sagging real estate prices.  Rampant foreclosures.   Britney Spears.  Of course, just about every year has there "fears" ranging from global warming to global cooling (remember that issue years ago?). 

But today marks the most frightful day of the financial markets.  Why?  We have several reports coming today that are heavy hitters culminating in the release of the Fed Rate Decision and Policy Statement.  Today promises to be a very scary day indeed for either the stock market, the bond market or both. 

And let's not forget about inflation, or is it recession?  The chances are the Feds will cut rates 25bp, though some feel it is not a sure thing.  I think they will as they like to feel in control and that they are doing something to stave off the financial crisis and inflation.  They will ultimately do everything in their power to encourage more borrowing and drive inflation back to the forefront.

So, the big question is about how the markets will react.  Mortgage Backed Securities stand to have tremendous gains or losses today and rates will certainly change, the results will determine of homeowners get a treat, or a "trick".

(picture pulled from Blown Mortgage)

Well, I know most of you are probably happy I have not posted in nearly a month.  Some of you may not be as happy and may be wondering if I am still alive, in business, etc.

Let me answer that with a definitive YES!

I have been busy, absolutely.  Things are changing faster than I care to keep up with.  I am writing more than ever, just not on AR, sorry Matt and gang.  Business is doing reasonable considering and I am flying more than I really would like, but it is fun and presents great opportunities as well.

So, what have I been up to? 

I am blogging on my personal blogsite I staretd a while back which allows Windows Live Writer uploads (AR requires cut and pasting).  That website is in a window to the right or you can visit it at http://www.flmortgagereport.com.

I also have daily mortgage market updates at www.solidrockmortgage.com/floridamortgagedaily giving insight into the mortgage backed securities market and wher eI think rates are headed, etc.  I have upgraded that site to Wordpress 2.3 and changed the look, which has me excited about its "appeal". 

I am also running www.floridamortgageadvocate.com which I will be starting numerous topical series and case studies that everyone can use, but it will be utilizing Federal and Florida laws as guidance when needed.  I have not posted here is a while, but it will be going active again soon, once I complete my Money Merge Account series on the Florida Mortgage Reports site. 

Speaking of the Money Merge Account series, that will be uploaded to AR once completed as well and is a direct comparison of United First Financial's own presentation and other strategies.  I think it will be a good read for anyone considering any type of mortgage acceleration program as I break down how they really work and how they compare with other strategies.

So, I apologize for not being active on this site anymore, but priorities are priorities.  I will be back to add quality content as well as try to resume my commenting tours as soon as I can.  I miss reading the good post here on AR and I miss commenting on my favorite blogs as well.  Once I have completed my strategizing and seminar preparations (I am doing 2 more on Mortgage Fraud and Identity Theft), I will be back in almost full swing.

Thank you all for sticking with me and please comment if you would like to meet me during my travels (I may be switching aircraft soon, hopefully doing domestic flying on the 757/767).  I still have a list from my previous post requesting visits, but I am always looking to meet people, especially when I spend 30 hours somewhere like I just did.

Until my return, happy blogging!!!