Industry Links

I have found the following links to be extremely valuable to myself and my clients. Please peruse them for valuable information.

Karen's Blog
My Blog has lots of information on industry news, updates on loan programs, stats on sales volume and prices, and other fanciful tidbits like my travels, kids, local news, etc!

Manage Your Mortgage
Learn the benefits of a biweekly mortgage. Making your payments every other week instead of once a month pays your principal down faster and saves interest. On a new 30 year loan, it will shorten the term of your loan by 6 to 7 years.

Rule of 72
The compound interest and financial succes Rule of 72 is the most imortant and simple rule of financial success. Gain financial success faster when you command the power of compound interest instead of allowing compound interest to enslave you.

Adjustable Rate Mortgage Index Options
This website provides the current and historical data on common indexes used for adjustable mortgages, including the 1-yr. Constant Maturity Treasury Yield (CMT), 12-month Treasury Average (MTA) and the 11th District Cost of Funds (COFI).

Blown Mortgage
My favorite mortgage blog.  This site covers a myriad of topics primarily oriented towards the mortgage professional but very informative for the consumer as well.  Enjoy!

Mortgage Professor's Web Site
Find answers to all your questions on this website. Valuable information for buyers and for those who wish to refinance.

Reverse Mortgages - What are they?
Financial Freedom's website explains everything you want to know about Reverse Mortgages. Contrary to myth, the bank does NOT take your home at loan termination. These mortgages are great vehicles for Financial Planners to utilize for long-term care, to pay estate taxes, or to simply ensure that you can remain in your home for the rest of your life with NO mortgage payment, and enjoy tax-free income.

HUD - Government Website on Reverse programs
This website explains the basics of the reverse loan and the programs offered and insured by the Federal Government.  Great reading for anyone considering a reverse loan.