Good News, More Good News!

Today the Fed cuts interest rates ANOTHER 1/2%!

That's a full 1.25% in just the last 9 days! We're seeing mortgage rates drop like a stone right now...There's something to be said for market timing and that's what today's post is all about. What should you know about this unprecedented rate cut? Well...

Today's interest rate cut has many surprising ramifications on the Real Estate investing business that MOST people are completely unaware of! In fact, there's one statistic that I want to tell you about, that darn near no one else is talking about!

Vince Farrell, Managing Director of Scotsman Capital, says "I think that with the 30-year fixed mortgage where it is right now, 50% of all conventional mortgages are resettable or refinanceable, and I think that's a big deal. " This comment is encouraging if you have decent credit and an Adjustable Rate Mortgage (ARM) that will be resetting in the next 6 months! This move will certainly reduce the rate of Foreclosures.

But there's more:

"As recently as last summer, rates on 30-year fixed loans were about 6.5 percent
(they are 5.47% today – see table below), and once the Fed actually settles out at the end of the week, we'll probably only be in the low fives, which will be a two to three year low," according to Spencer Rascoff, Chief Financial Officer of Zillow.com, the nation's leading website for property valuations and other Real Estate services.

Today's mortgage Rates (as supplied by BankRate.com):

National Overnight Averages
30 Year Fixed	5.47%
15 Year Fixed	4.96%
5/1 ARM	5.10%
30 Year Jumbo Fixed	6.59%
30 Year Jumbo ARM	5.66%

This is why I think that investing in Cashflow Real Estate is a very, very intelligent move! Especially RIGHT NOW! So how do you learn to do that?

Easy! Join me for my FREE Real Estate Lifestyle Training Event on February 12^th in Langhorne, PA or on February 13^th in King of Prussia. I'll teach you everything that the Guru's are afraid to teach you! (They're afraid you'll figure it out and stop buying their courses!)

Here's what J. Gross had to say about the last live training session I held:

"Wow! I have to say, this is the first Real Estate Lifestyle seminar I've gone to since Jim's been on his own, and I must say, it's much, much better. It had a great flow, lots of good info, and a great presentation. It held my interest much better than the last one from the other place. My wife, who is a big skeptic, is even gung-ho about doing some deals right away!

I think if you are reading this, and you've never been to one of Jim's free seminars, you'd be a fool not to go take advantage of it.

When you do go, bring a good notepad and be prepared to write a lot. Consider Jim's advice and listen to him. Sit in the front row and pay close attention. It's worth it!

Well Done Jim! Bravo!!!"

If you'd care to find out what J. Gross is raving about, then join us for the next live event, just click the link below and register.

Do it now before all the seats are gone!

Your Real Estate Success Coach,

Jim Canale

P.S. I'm always interested in hearing your comments! Don't forget to click on "comments" below!

Can Your Vocabulary Really Make You Money?

As often as possible, I try to translate everything I do into wealth attraction and creation. Now I've broken the code on making it happen through my verbiage and thought you'd be interested to hear how I did it.

It's true, your vocabulary can make you money!

I'm not talking about using long words with lots of vowels and consonants. I mean the language you use every day.

If you talk about something being "too expensive" or say "I can't afford it" – wealth is surely going to take a wide detour to keep from coming to you.

However, when you figure out 'how to afford it' and opening your mind to the wealth that you want to receive you make a better financial path for yourself.

Take time this very day to list the words you use during conversation (or even in your head) that could be detrimental to wealth attraction. Next to those words, list what you can say instead to start changing your vocabulary in a positive way. Print them out where you can see them and concentrate on them once every day.

Here's what I've got so far:

Instead of:	Say:
Can’t	Will
Afford	Attract
But	However
Budget/afford	Dollar Figure
Help	Assistance

Sure, some of these words might not make sense right now. Next time we're going to discuss how these same words can be used with your motivated sellers to change the way they interact with you, so take note and be back next time!

Your Real Estate Success Coach,

Jim Canale

Beating up on Bernanke

So I'm watching TV last week and see that Jim Cramer (of CNBC's Mad Money) is interviewing Donald Trump! I've gotta be honest, I was looking forward to the interview since both men think like me: don't give a rat's *ss what others think about them, tell it like it is, and aren't going to tip-toe around the important subjects. And yet, I was still amazed at what The Donald said!

Trump pointed out that Ben Bernanke (the US Federal Reserve Chief) is more reactive than proactive and I have to agree with him. It seems that the Federal Reserve chairman waits until things get really bad, then steps in and points out to us just how bad they are. And with 50-100bp (basis points) waiting in the wings, I agree that things are going to get worse before they get better.

But that wasn't what made me smile. It was when Trump said that now more than ever is the best time to get into the real estate market – as long as you know where and when to buy.

It's like he read my mind!

The Fed keeps stepping in, trying to make things better – and it's not their place to! Give the market time to sort itself out without constantly trying to "fix it".

Sure, there are certain sections that are either appreciating (Manhattan, NY) and depreciating (Pick-a-city, USA). But there's incredible wealth to be made e-v-e-r-y-w-h-e-r-e!

In fact, my good friend Dan Kennedy says that there will always be a great time to buy real estate…because people will always need a place to live. That's why my real estate business continues to flourish while other speculators who only got in while the market was hot are scratching their heads.

Wanna find out what those speculators don't know? If you're a Silver Member, my Cashflow Now! Real Estate Success Newsletter for January covers this in depth! Including… a unique way to turn a decent deal into an OUTSTANDING deal using an under-rated and often ignored exit strategy! There's still time to get the January issue AND A WHOLE LOT MORE for FREE!

If you aren't a member yet but would like to be one, sign up right now while there's still time!

www.livetherealestatelifestyle.com/cashflownow

Not because I want you to. Not because Donald Trump, Robert Kiyosaki, and even Dan Kennedy (3 extremely wealthy men who know how to make money) recognize just how good of a time this is to get hot and heavy into investing.

Do it because you're sick and tired of hearing about it and not making anything off it all! Go to the window, stick your head out and yell, "I'm sick of being financially dependent on someone else's job, and I'm not going to take it anymore!"