no longer valid

Follow me
By
Education & Training - Independent Leadership & Financial Fitness Consultant
“Whoever does not wish to render history incomprehensible by departmentalizing it – political, economic, social – would perhaps take the view that it is in essence a battle of dominant wills, fighting in every way they can for the material which is common to everything they construct: the human labor force.” – Bertrand De Jouvenel I used to be part of the problem, now I'm hoping to be part of the solution. For 20 years I've helped families in Utah acquire loans. I refinanced hundreds if not a thousand mortgages, I've also helped hundreds of home buyers throughout Utah and other locations. Though I didn't realize at the time I was part of a economic system that is strangling and subjecting millions to economic slavery. I'm not suggesting that mortgage lending is "evil" or unnecessary, however, even after the Mortgage Meltdown in 2007, we still give money to millions who are not ready, nor have the "thinking" or "habits" they need to pay down their mortgage. I always knew that the posted rates we gave our borrowers were based on our customers paying their entire loan off over 15 or 30 years. What the borrowers never realized is what the "REAL" interest rate they were being charged by their banks. This blog will hopefully help those ethical mortgage and real estate agents who understand the great responsibility they have in helping their customers acquire what we call the "American Dream". I hope this blog also gives the prospective homeowner prepare themselves financially for making such an important purchase decision. I also want to caution those homeowners considering their mortgage as a giant piggy bank to draw against for expenses that will never provide any type of long lasting return. Thanks for reading my blog.

ARCHIVED BLOG POSTS

2008 

Granted I don't have a fancy economics degree at the end of my name, but I've been in the trenches for several years, and I guess I've learned a thing or two.  Here is the one thing that I think these law makers should keep in mind.  "Don't allow anyone to think they get a free lunch".  That appl...
09/29/2008
If you've been watching the "ABC" soup financial shows, you know that experts are thinking that this bailout is just the tip of the iceberg!  Here is a heart warming article in regards to the major players and how much they currently are in the hole.  549 BILLION WRITEDOWN $700 Billion is a band-...
09/29/2008
If you've been watching the "ABC" soup financial shows, you know that experts are thinking that this bailout is just the tip of the iceberg!  Here is a heart warming article in regards to the major players and how much they currently are in the hole.  549 BILLION WRITEDOWN $700 Billion is a band-...
09/29/2008
The big question, how many of the banks that played a central role in the current financial troubles, are either in bankruptcy or are still surviving.  Here is my outlaw list, and if anyone has suggestions or a different 10, please let me know.   #1 & 2  Fannie Mae & Freddie Mac  -  Don't even ha...
09/26/2008
Headlines blare "Bailout or else!", and politicians are taking front and center stage across media venues throughout the country.  The financial industry stands on the edge of an abyss, or that's what the press wants you to believe.  How real is the crisis, and should Congress act quickly at this...
09/26/2008
Headlines blare "Bailout or else!", and politicians are taking front and center stage across media venues throughout the country.  The financial industry stands on the edge of an abyss, or that's what the press wants you to believe.  How real is the crisis, and should Congress act quickly at this...
09/26/2008
Rainer
73,181

K C

local_phone801-599-4291
Contact The Author