Ilyce's Views You Can Use

Services for Real Estate Pros - Financial Revitalize
Thanks for visiting my ActiveRain blog. Here, you'll find information about what's going on in the mortgage market, ideas to build your real estate business, and other blippits I think you may find of interest.
In a semi-surprise move last week, the Federal Reserve lowered the Fed Funds Rate by 0.500%.  The Fed wants to prevent a dramatic economic slowdown that started in the housing sector and appears to be spilling over into other sectors now, too.According to some pundits, the half-point FFR drop wa...
What do today's outstanding salespeople have in common?They share a commitment to base each of their business relationships on trust, according to sales trainer Stephan Schiffman.He notes, "Too many salespeople focus on whether or not they appear trustworthy. That's not the point. To earn a custo...
What: The Howard County Department of Housing & Community Development is sponsoring the 2nd "Come Home to Howard County" Housing Fair. There will be educational workshops, hands-on seminars for home buyers, and giveaways throughout the day.When: Saturday, September 29, 2007 from 10:00 AM  - 2:00 ...
What: The 12th Annual Baltimore Book Festival - featuring hundreds of author appearances and book signings, over 75  exhibitors and booksellers, non-stop readings on eight stages, cooking demos by celebrity chefs, poetry readings and workshops, panel discussions, walking tours, storytellers and h...
For more proof that the Fed does not control mortgage rates, consider this: In the immediate aftermath of the Fed's decision to lower the Fed Funds Rate by 0.50%, mortgage rates improved by about 0.25% on average. But, in the two days since, mortgage rates have not only given back those gains, bu...
Prime Rate is currently 7.750%. Prime Rate is the "shorthand" name for the Wall Street Journal Prime Rate, a variable interest rate that is used in pricing many types of consumer loans. These loans include: Home equity lines of creditCredit card loansAuto loans Prime Rate's variable nature is tie...
Looking for more people to put in your sphere of influence?Ask to go through all your broker's old files that were handled by agents who no longer work at your office. These files and names belong to your broker. And because these people have already dealt with your office, they should be recepti...
The Fed lowered the Fed Funds Rate by 0.50% yesterday.  A rate decrease was expected by most market participants, but the 50 basis points movement seemed to catch some players off-guard. Mortgage rates dipped in the wake of the announcement, but the real winners are homeowners with balances on th...
You're a very busy person. So am I. That's exactly why we need to make an extra attempt to exercise.Our bodies cannot continue to excel under the stress we expose them to in this business if they are not in shape. We often work 7 days a week, and keep odd hours. If we do not exercise, we are head...
It's all eyes on the Fed today; the market anxiously awaits the central bank's 2:15 P.M. ET press release.  Some of the market bias towards a 0.50% rate cut has decreased in favor of a 0.25% cut.  This shift is largely psychological.  Markets are trying to "get inside the head" of Fed chief Ben ...

Ilyce N. Powell

CMPS- Certified Mortgage Planning Specialist
local_phone(410) 929-2519
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