WILL the TWIST Lower Mortgage Rate?
Cubby Checker was singing & doing the TWIST back in 1961.
That’s last time the Federal Reserve seriously attempted to flatten out the Short and Long Term Yield Curve!
The policy back then was nicknamed: Operation Twist inspired by Cubby’s hit dance tune. The Fed has dusted off this obscure monetary maneuver used back then.
What's being twisted, in this case, is the shape of the yield curve. By replacing short-term bonds in its portfolio with longer-term ones, the Fed is attempting to bring down the long-term interest rates that matter most to homeowners and corporate borrowers.
The Fed has made this unconventional move to the tune of $400 Billion, and many economists think it wasn't very effective 50 years ago. Yet the Fed is counting on bringing long term rates down!
Operation Twist is now the next step that has been unleashed by their depleted arsenal!
Wednesday, September 21, 2011
Tuesday, September 6, 2011
POST LABOR DAY..... EUPHORIA!!
Don't Feel So Good?
I know it's the post Labor Day Blues! You're enthusiastic about the change in season and you certainly enjoyed your summer. However, now there are no more excuses you can give your Sales Manager about poor production and hot weather. What changes have you made with the upcoming Fall Season?
Work Harder & Get Organized!
Start by an uncluttered work space, whether it is your home office or work cubical.
Get rid of the Stale Stuff (I don't mean those month old donuts). Reconcile your emotions if your Summer Sales Numbers have been lagging and be innovative in thinking about a fresh Marketing Strategy that will energize your attitude!
Do You Have the Latest Technology?
When are you finally going to get that Iphone or Android? Are you going to build a quality Database that's current? When do you plan to Start Texting your referral sources instead of calling them and leaving a voice message? Have you hired someone to develop an Emarketing Campaign for you that is professional and informative? How active do you plan to be in Social Media venues?
You Must Spend Money on Your Business!
If you think you can't afford to spend money on Marketing &Technology and you're going to rely on your company to provide leads and marketing tools, then you probably are setting yourself up for a long unproductive autumn selling season! Invest Wisely and Pragmatically in your sales efforts or seriously consider leaving the sales profession!
HARD NEWS!
There will be No Robust Economy! It will be the survival of the most energized and creative among us. Let's hope you are ready for the challenges ahead. The field is yours for the taking only if your realistically prepared for it and have plan!
visit me @ www.MortgageMotivator.com
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