Timothy Sumer

Are you in the process of buying a home and just about to lock in a mortgage rate? If you've been following the news, you might have heard about the recent bank failures involving Silicon Valley Bank, Signature Bank, and Public Bank, causing quite a frenzy in the media. But here's the important question: Did you miss the flash dip in mortgage rates? Don't worry; you're not alone. In this video, we'll discuss how some fortunate homebuyers were able to capitalize on this unexpected turn of events. Thanks to their vigilant preferred lender, they managed to lock in low rates while others missed out. Remember, not all news is bad news! Now, let's address the elephant in the room. While some claim that these bank failures won't have any impact on us down the road, the truth is, we all pay in some form or another in the end. Taxpayer loss is a reality, regardless of what the president might say. However, if you're currently in the process of purchas...

In revealing its 2016 financial outcomes, including North American pre-tax profits amounting to $9 billion, Ford Motor informed that its over 56,000 per hour employees who belong to the United Auto Works union would be offered approximately $9,000 apiece from profit sharing. The employees will get that cash on March 9th. Ford’s profit share payments are computed based upon pre-tax profits for the year, with every UAW-Ford employee making $1 for every single $1 million Ford makes in North America. This year’s payments are the second-highest in history, down slightly from last year’s $9,300. UAW Vice President Jimmy Settles quickly to pointed out that Ford’s profit sharing is not a “benevolent payout,” rather something that UAW members fought for and made. “Both job security and monetary gains for our membership have constantly been at the top of my priority list and today’s announcement solidifies our efforts,” he stated. 0... ( read more ) LEARN MORE ABOUT: Profi...