Doug Jones's (dougj) Blog

  ​Fed Holds Steady; Mortgage Rates Fall This week ended up being underwhelming in terms of interest rate movement despite the much-anticipated Fed announcement on Wednesday. Anticipation aside, there was zero chance of a rate cut at this week's meeting.  While that has some voices in the mortgag...

Normally I do not mention A Course in Miracles because I believe “when the student is ready the book will appear” but there are some gentle ways to improve thoughts and life for more peace and success. This is from lesson 16 of the course.1. (16) **I have no neutral thoughts.**²Neutral thoughts a...

I have made money cutting grass, babysitting (yes and I am a guy), delivering newspapers, selling magazines, working part-time jobs, giving talks, teaching classes, doing magic, from real estate sales, mortgage loans, flipping burgers, hauling Hay, picking vegetables, pumping gas, on a factory as...

A lot of my business ethic comes from a time when I was in the Boy Scouts. I know there has been negative news about the Boy Scouts but all of my experiences were fantastic.  The paragraph below was written 10 years ago fora Sales Magic article. Those Eagle Scouts have graduated from College and ...

Recently I have 'waxed ecstatic'  about the Reverse Mortgage Loan. I heard the phrase 'waxed ecstatic but never  knew really what it meant so I looked it up today. "Waxed ecstatic" means to become, or appear to become, extremely happy or excited; to feel or express overwhelming joy. The verb "wax...

An acquaintance  called me asking for a referral to a Chiropractor. He had heard me mention my Chiropractors name a few times and needed a referral. The person he heard me talk about has moved to Idaho and no longer practices in San Jose. The acquaintance asked if I could ask around and refer som...

A reverse mortgage, while not income, can be considered an asset, potentially impacting eligibility for Medicaid and other needs-based benefits. However, it will not affect Social Security or Medicare benefits.   Medicaid: Medicaid is a means-tested program, meaning eligibility is based on incom...

I guess my age qualifies me to be a Reverse Mortgage Lender. Being 77 I now meet a lot of older people; guess that is natural. I did not know that I have so many short videos about the RM loan by this morning I checked and I have 29 on YouTube. The one below names some of the erroneous beliefs th...

Yesterday I posted a video I did years ago; 10 Facts about the Reverse Mortgage Loan. Today's information is about the Reverse Mortgage Second Mortgage Loan.  In Silicon Valley many homeowners have a lot of equity and a low rate first mortgage so they do not want to lose the first mortgage rate t...

I am still surprised when I overhear people make crazy untrue statements aboutthe Reverse Mortgage Loan. Most older people and their potential heirs should know about this loan. It is a LOAN. Like all loans it has loan rules and like all loans there is a population that this loan serves. Why do I...