Find the RIGHT Formula
As a tool for present and future financial planning, the reverse mortgage program was not attractive for consumers–and was often called “a last resort”–because of high setup costs. The introduction of the HECM Saver, or the “Standby” Reverse Mortgage has changed this perspective for the better and financial planners have noticed.
An article, published by National Reverse Mortgage Lenders Association, discussed the importance of reverse mortgages from a business and public policy standpoint and their growing importance in the future, during senior retirement planning and execution.
The current popularity of the reverse mortgage program can be attributed to rising health care costs and lower investment returns coupled with tighter fixed incomes.
However, the reverse mortgage program is not as “new” as people might think.
Do We Take Our US Constitution for Granted?
My heart sank this morning when I opened the newspaper to see that Egyptian soldiers and police opened fire on the protesters who still support the recently ousted President Morsi. Morsi was the first democratically elected President in Egypt, but also began making changes to the powers he had, which was very tyrannical. So as the White House spokesman Jay Carney stated, “it’s an incredibly complex and difficult situation with significant consequences.” That’s how I feel about International Relations in general, which is probably why I went into Mortgages and not follow my degrees in International Relations, Economics, and Geography.
Long John Silver’s Voted the Worse Restaurant Meal
I don’t know about you guys but I’ve been trying to eat better or at least less of things that taste so good but will end up betraying you in worst possible way. It’s part of living in today’s world, where everything seems to be unhealthy, even if you grill it with at home.
Fish, however, seems to be one of those universally health-approved food, rich in Omega-3 Fatty Acids, which can help maintain a healthy heart and brain function, while decreasing the risk of dementia, diabetes and arthritis, according to the Washington State Department of Health.
So it came as kind of a shock to learn that the food in Long John Silver’s was voted the WORST RESTAURANT MEAL.
When Temp Jobs Raise, Does the Economy Recover?
While the housing recovery continues, you would expect there to be less temporary jobs and more permanent ones, right?
Well, people must have been asleep the day this was discussed in economics class as ‘temp’ jobs have jumped more than 50% to 2.7 million (the most since 1990) according to an article in the Huffington Post. The reasons why temporary jobs have soured as opposed to permanent ones can be many:
Aside from the recession, which have officially ended in 2009 but still sends plenty of shockwaves through the economy, employers might just be afraid of hiring full time, permanent employees in case everything goes south again and employees have to be let go; after all, concrete signs of economy recovery did not appear until April of this year.
As a veteran of the wars in Afghanistan and Iraq, I often wonder how many people truly view Independence Day, Memorial Day, and Veteran’s Day for what they truly stand for: a day of recognition. Recognition for the veterans who have fought for our country and for what made this country the first truly independent country of the world.
We were the first democracy of our kind–forged by the blood, sweat, and tears of the colonialists–who were tired of the tyranny that came with being a colony of the European Monarchy. Their fustration and indignation created what would become one of the greatest nations in the history of our world.
Tthe 4th of July celebrates not only their success, but ours as well, because we have inherited this country and all the principles and values that come with being an American citizen.We are about to sit back and relax amidst bright fireworks, barbecues and beach parties (without oppression) because many people before and after us protect the freedoms upon which this nation was built on.
This close to the 4th of July, I thought it was appropriate to note the declining sales of hotdogs, which have remained a stable in American cuisine for decades, at barbecues, birthday parties and lazy beach days.
In an article that appeared in Business Week on June 27th, various reasons were given as to why hotdog sales continue to decline, despite their reptutation for being relatively cheap to buy, inexpensive to put together and are available in a variety of sizes and flavors (my favorite is of course the cheese dog).
One of those reasons is the increasingly introduction of food from different cultures and countries such as nachos and tacos, which are also relatively inexpensive to make and enjoy. Different foods are taking center stage and what kids grow up with nowadays is not the same food that was available 20 years ago.
For those of you lucky enough to be taking a well deserved break during the 4th of July long weekend, or at least the 4th of July, there will be plenty to do in the form of parties, fireworks and parades.
However, for those of us on a budget, there are plenty of money saving ideas on the 4th that won’t put a dent in our pockets.
As the month of June comes to a close, the demand for reverse mortgage professionals remains strong according to Reverse Mortgage Daily. This offers a considerable boom in our business even after the elimination of the Standard Fixed Rate HECM by the Federal Housing Administration and the Federal Reverse’s decision to stop buying bonds by mid-2014, which sent secondary markets in a downward shift.
One reason for the continued high demand for the reverse mortgage specialist is the faith consumers have placed in the reverse mortgage, which saw a 10.2% increase in the month of April, according to an article on June 25th by Reverse Mortgage Daily. The same article saw a 15.4% increase in reverse mortgage endorsement in the state of Florida, continuing an upward trend.
The 4th of July is synonymous with fireworks, picnics, parades and barbecues. It’s a time of celebrate and a day to wish a “Happy Brithday” to the old US of A. In Miami, the options to celebrate are many–concerts in the park, family picnics in the backyard to firework shows by the sea.
If you are thinking old-fashioned or traditional, the Old-Fashioned July Fourth Picnic at The Barnacle Historic State Park is a way to go.
The Biltmore Hotel’s Fourth of July Fireworks Celebration is going all out again this year with a variety of food, live music and fireworks. The Donald Ross Golf Course opens its doors at 5 p.m. for guests, who will have access to food trucks and beverages for sale throughout the night on the course. There will be a live concert at 7 p.m. and the fireworks show begins at 9 p.m.
Free parking and a shuttle service is available to and from the Biltmore Hotel until 8:30 p.m. when the last shuttle will depart for the Fireworks Spectacular at 9:00 p.m.
For the first year, the July 4th’s Fireworks Celebration will offer a Bike Valet Parking Service, provided by the Green Mobility Network, located at 1150 Anastasia Ave or the William H. Kerdyk Biltmore Tennis Center. Hours of operation will be from 5 pm. to 11 p.m.