Robert Lusk's (robmlusk) Blog

Very often I find that people are not focusing on the resources that they have.  Or an even bigger problem is that they don't move in the direction they want to go.  One analogy is that of a car wreck.  Most people who see that they are about to get hit by a car, lock up.  They slam on the brakes...

As Christmas rapidly approaches (every year), I often take time to reflect upon the previous 12 months.  All I can say is: Wow!  2008 was definitely one to remember.  I was on the front lines of the largest financial crisis since the Great Depression.  I had a partnership develop and fail within ...

Ok folks, here it is!  I posted an article on Realboomtown.com back in September that mortgage rates may hit 4.5% and it looks like it could happen. Can I get an AMEN?  Here's the way it breaks down, the Fed plans on throwing money at mortgage backed securities like there is no tomorrow.  In doin...

Just about everyone with a television, access to the internet, or a newspaper probably knows, the economy is floundering.  While this is based on multiple factors such as sub-prime mortgages, bad investment advice, the housing market, etc. (this list is long and distinguished,) there may be light...

The knife is about to stick in the floor!  OK, what does this mean?  It means that the stock market has fallen as about as far as it is going to and it's time to figure out what to do next. I recently spoke with a friend of mine who happens to be a financial planner.  He mentioned that the market...

I see a lot of negative press regarding Interest Only mortgages.  People talk about them like they are the plague.  Most feel that if you took an interest only loan that you are inevitably in trouble and shouldn't have bought a house in the first place.  In some cases, they are right.  There are ...

OK.  If this article is correct, we need to watch things very close!  Holy super rates Batman!  Let me put this in mere mortal terms:  During the HeyDay of the mortgage refinance boom, the Treasury hovered around 3.336%.  If this article is correct, than 30 year rates could get down to 4% and sta...

Whoa!  You've got to be kidding me, did this day really happen?  Or rather, did this week really happen?  Or maybe the real question is:  DID THE PAST 6 YEARS REALLY HAPPEN?  Today Hank Paulson announced that the government is opening up the Federal Government's check book to bail out the very tr...