Finding the Balance of Flow (part 2)

Continued: Finding the Balance of Flow

This week we discuss the common challenges reverse mortgage professionals face, identifying those things that drain us, and being mindful of our inner dialog.

Fannie Mae’s 2024 economic & interest rate outlook

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EPISODE #812

Fannie Mae’s 2024 housing and interest rate outlook

 

[Housing Wire]

A growing majority of economists and housing experts expect interest rates to ease- the question is when and how much. A recent Housing Wire interview with Fannie Mae’s Chief Economist provides more insight.

 

Other Stories:

    • [Gainesville Register] Study shows a quarter of seniors could relocate, boost retirement with home equity

      [Housing Wire] NRMLA 2024 annual meeting location announced

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Finding the Balance of Flow (part 1)

Finding the Balance of Flow

Each of us has a limited capacity or reserve of physical, intellectual, or emotional energy that we draw from each day. This week Dr. Stephen Campbell looks at ways we can achieve a balance between those things that fill us and those that drain us.

The big surprise despite low HECM loan volumes

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EPISODE #811

HECM volume and 1st-time borrowers 

 

[Reverse Market Insight]

RMI’s Jon McCue reviews recent data that reveals a surprising trends despite depressed HECM endorsement activity. Here’s what he had to say…

 

Other Stories:

    • [Housing Wire] Court approves former Live Well employee class action settlement 
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    • [Housing Wire] Aging in place could transform Chicago’s housing market
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reverse mortgage podcast   reverse mortgage podcast 

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Do More By Doing Less

How doing less makes you more productive!

Did you know that those who work 46 weeks per year actually outperform those who work all year without a vacation?  Even just taking one week off may not be enough. The trick for loan originators is most of you are only paid for the loans you close. So taking time off may feel like your watching money blow by, but is it really? 

 

Here are some benefits of carving out time to get away from the daily grind of originating reverse mortgages or managing those who do.

 

First, vacations give you something to look forward to. This force you to get serious about your time management, schedule your tasks, and get laser-focused. 

 

Second, taking a break improves your health. Is it really worth skipping taking some me or we time only to get run down and sick. Stressed out workers are 63% more likely to take sick pay and miss time at the office. I guess that trade-off wasn’t such a great deal after all.

 

Third, vacations improve your long-term health reducing your likelihood of a heart attack, stroke, depression, or anxiety. Let’s book that flight. 

 

Fourth, stepping back from work duties allows you to clear your mind and boost your creativity. Are you working on a big project? Taking a break may actually improve the quality of your work.

 

Fifty, just planning a vacation improves your mood. My wife and I found several informative YouTube videos with travel tips before our trip to New Orleans last December. The building excitement of what we would see and do boosted our spirits.

 

After putting your nose to the grindstone and cranking away there’s something special about relishing time away from the hustle and bustle of your everyday work life. Plan a vacation or stay-cation but make it happen. You’ll thank yourself later.