My name is Kip and I have spent my career helping people save money on their mortgages. Over the years I have talked with many people about how to save money both with their mortgage and in their everyday lives. Now I am bringing my years of knowledge to you. Each week I will bring you a new money saving tip to help you keep more of your hard earned dollars in your pocket. Tune in weekly and if you or anyone you know needs help financing or refinancing your Wisconsin home please contact me.

Tuesday, May 28, 2013

Kip's Money Saving Minute #031 - Relax and Stay Motivated


“Nobody says you must laugh, but a sense of humor can help you overlook the unattractive, tolerate the unpleasant, cope with the unexpected, and smile through the day” ~ Ann Landers.  

This week's post explores how combining laughter with short breaks can help to make your day more productive.  I hope you enjoy and if you or anyone that you know needs help making sure that your mortgage is working in the most productive way give me a call.  Paying too high of an interest rate is no laughing matter.  I also offer first time home buyer seminars for those are considering buying a home in the future.








Money Saving Minute #031 – Relax and Stay Motivated

Study after study has been done to show that taking short breaks during the course of the day helps us stay productive.  In her article "To Stay On Schedule, Take a Break" Phyllis Korkki of the New York Times writes "A growing body of evidence shows that taking regular breaks from mental tasks improves productivity and creativity — and that skipping breaks can lead to stress and exhaustion."  "Mental concentration is similar to a muscle", says John Trougakos of the University of Toronto.  "It becomes fatigued after sustained use and needs a rest period before it can recover, much as a weight lifter needs rest before doing a second round of repetitions at the gym."

Even more studies have been done on the benefits of laughter.  Laughing reduces stress, increases endorphins, exercises your insides, helps to bring focus away from negative emotions to promote a more positive mood and helps to provide a boost of oxygen to the brain.

Which leads to the most recent article that we found which said that by taking a short break in the afternoon to read a cartoon, look at a few funny photos or watch a humorous video may help to promote PM production. 

With that in mind, here is your production boost for the day. (PLAY VIDEO)




Tuesday, May 14, 2013

Money Saving Minute #030 – Mortgage Insurance Options

Mortgage Insurance Options.  FHA is changing their mortgage insurance requirements.  Now is the time to have your mortgage reviewed to see if you are in the best position.  Click play for more information.







TEXT FROM VIDEO
Money Saving Minute #030 – Mortgage Insurance Options.  Last week we talked about the changes that FHA will be making to their annual mortgage insurance premiums.  It was mentioned at the end of the video that there are other options available.  Mortgage insurance is available for conventional loans for borrowers with less than 20% equity.  The difference is private mortgage insurance carriers have competition so the rates are often better than FHA.  Private mortgage insurance is also prorated to the amount of equity that you do have in a home.  Finally, private mortgage insurance will have payment options such as monthly, onetime payment or split premiums.  If you are currently paying mortgage insurance or have been in an FHA loan for several years now is a good time to have your mortgage reviewed.  Take a look at all of your options and make sure that you are in the best loan product before rates and programs change.