In case you didn't already hear it, the Florida Mortgage Report is now located at www.flmortgagereport.com. Go there and subscribe to the feed to not miss anything else. Thank you for your continued support. Read Full Story
I still see many of you subscribing to this feed and/or commenting on this blog. This post is a reminder that the Florida Mortgage Report will not be located at www.floridamortgagedaily.com after tomorrow. I will be moving my Florida Mortgage Daily (mortgage market updates) blog to this domain March 1, or shortly thereafter. That being said, this blog is currently hosted under Typepad, so the blog will remain here for nearly a year, though no comments will be accepted (stopped 2/15/08... Read Full Story
If you are reading this, you may not be aware of the recent move. Florida Mortgage Report has changed locations and has switched to a WordPress platform. I think you will be more satisfied with the new site and I ask you head over to www.flmortgagereport.com to check it out. Don't forget to subscribe to the RSS feed over there to keep up to speed on what I am saying. Read Full Story
As I have mentioned a couple of times and is an "ATTENTION" in the middle column, I have been moving the Florida Mortgage Report to it's new domain, a WordPress based blog, at www.flmortgagereport.com. The reason is I wanted more control over the design and features without getting too costly and moving off the Typepad platform to my own setup allows for that and WordPress has come a long way in recent history. So, to assist you all in not missing anything, over the next 7 days, I will not... Read Full Story
In my previous post on the subject, Flight Planning Your Retirement (Pre-Flight), I discussed how airline pilot's prepare for their flights and how it relates to your own financial "preflight planning". This post will discuss how pilot's constantly monitor their flight and adjust the plans enroute and how you should be doing the same with your finances. Now that our airplane has taken off, we know we are far from over. During the remainder of the flight, pilots must monitor the flight... Read Full Story
It never ceases to amaze me how people go about purchasing their home, getting financing, handling title, and even getting their appraisals. Most will just trust those who they are working with, friends, family, or even their boss at work. The video below is a marketing piece put out by the union I am again a proud member of, the Allied Pilots Association. Before you think I am simply pushing our agenda as pilots, look at it in a different way. Look at the video, granted it is a somewhat... Read Full Story
Despite all of the media blasting Adjustable rate Mortgages (ARMs), and the fear of foreclosure if you don't refinance, ARMs may actually be a better deal for you, especially now that mortgage rates are headed higher again. That's right, I will be the first to tell you if an ARM is better for you and that you shouldn't refinance (unless of course it is your best interests overall). With LIBOR and CMT down, what most prime ARMs are based on, the fully indexed rates may be even lower than the... Read Full Story
There are many things in life that catch my eye and this one scares me. In a MSNBC article, it discusses the fact that more and more Americans are taking loans out against their 401(k)s and even stopping contributions. The reasons for doing this are varied, but some are doing it just to keep up with their lifestyle instead of making necessary changes. That is just scary. Why would you want to sacrifice your future to live in the present? Do you plan on dying early? This is backwards... Read Full Story
Flight planning and retirement planning are very similar in what it takes to achieve success. Flying requires excellent planning, modifications to the plan enroute, a proper vehicle, and constant monitoring to ensure we reach our destination. Retirement planning, will also require proper planning, proper vehicles, modifications to the plan along the way, and regular monitoring to ensure you reach your destination. In fact, the only real differences are the time it takes and the fact one... Read Full Story
Many of you have been wondering why my posts have been somewhat less in the last two weeks or so, and that has been due to my changing of aircraft at American Airlines, my "other job". I have now completed the transition from the Boeing 737-800 back to the Boeing 757 and Boeing 767 aircraft and will return to the "line" after a trip across the pond later this month. Now that the training is over, I will resume posting as often as I can, with a little catching up to do and continued tweaking... Read Full Story
