Good morning, this is Sarah Eubanks reporting to you from Oregon City's very own Hill Valley Financial Services. Today's weather interest rates look to be bright and sunny. However, there is a high pressure wind blowing in from the East threatening to bring rain and an increase in interest rates right along with it!
This is my riddle for the day, and I would love to have your input. How are Mortgage Professionals and Meteorologists alike? While on the surface, they may seem unrelated to you, I have had several thoughts lately which have led me to this admittedly random post.
Just to get us started, let me draw a few comparisons for you. Again, I would love to hear your input, so go ahead and add your insight!
First of all, when the rain/snow/sleet/tornadoes/hurricanes are coming, no one likes to hear what the Meteorologist has to say. Sometimes, they even ignore the forecast for certain disaster. Likewise, we Mortgage Professionals are not well liked when the interest rates are creeping up. When we phone our past Stated income borrowers to warn them of the impending demise of the Stated product...they may not take our warning with sincerity. Conversely...the sun is shining, the interest rates are good...Mortgage pros and Meteorologists alike are our friends.
Number two...Neither professions have the ability to change the forecast. The economy is slumping...the sunny skies are turning to stormy climates. We are as helpless as the next guy. We just wish that people would stop "shooting the messenger". We are doing our jobs and preparing people the best that we know how to.
This leads me to my third conceptual likeness. We cannot forecast perfectly. So, the skies are cloudy and we forecast sun. Or interest rates are up and we had thought they would go down. Uh-oh! No one wants to be wrong...especially us. We are educated, we look at historical facts along with current conditions and we make our best hypothesis for the future of the weather interest rates. The bonds are down, the stock market is soaring. It is the same as the high pressure of clouds or the East Winds bearing down.
Either way, Meteorologist or Mortgage Professional ~ unless it is summer and beautiful, the high pressure is on. It is on us. But you know what? We can handle it. We were and are meant to stand and weather the storms, knowing that the sun is going to come out again someday. And when it does, we will be right there to enjoy it along with everyone else!
This message has been brought to you by Sarah Eubanks and Hill Valley Financial Services. We want to be your Mortgage Specialists for life! So please call 503-442-1349 for a more specific and detailed forecast on your home purchase or refinance!
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I am committed to providing great customer service, & doing so at a phenomenal cost to my clients who become friends. We will be a team achieving our goals together. That is my promise to you! :-)
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Hi Sarah,
Great post. I loved the creativity. Good job!
Hi Bill! Thank you. I love writing the creative stuff. I hope that you have a great week! :-)
This is a great metaphor for what we do. The economy certainly does behave more like a 'living system' or an ecosystem. So many variables, so many changes, so much unpredictability.
Hi Joey ~ Thanks for your comments. an ecosystem...I like that one. Perhaps we can equate the economy to global warming! :-)
I know and you know how crazy those forecasts can be in our climate. The East winds... I once watched them blow off a car door in Troutdale and the guy was still in denial! So keep on smiling for the camera, wearing your pretty green raincoat and we'll keep on expecting rain :)
You are such a creative writer - especially at midnight!!
Mwa!
Thank you, my dear! I will wear the rain coat with a smile. In spite of the "climate" I do love my chosen career! I suppose that it is all of the sun I need! :-) Thanks for your kindness my dear... big hugs...
Well done! I just wish we still got paid whether we were right or wrong!
Brian ~ You are absolutely correct there! Getting into the news and meteorological industry has way more requirements. So there are less of them to shop around!
Sarah,
What a great analogy. It is right on the money,though. I can't tell you how many times I have dealt with an irrate client because "The Mortgage Person" raised the rate they were going to charge on their loan, like it was THEIR fault.
Doug ~ Thank you for your comment. While I understand your clients emotions I understand that we are so limited. If they have not given us permission to lock something in, our hands are tied! The sooner we are able to lock, the better. And in semi unrelated news, phone me and let me know the next time that happens. I would love a chance to impress your clients with great service! :-)
Sarah
You're on my short list of People to call...I'm just spending too much time in the "Rain"
Thanks, Doug. Soak it up while you can. I think that the sun is getting ready to come back out! :-) Talk with you soon...
This is a great metaphor for what we do -- especially this year. I can't believe some of the volitle swings we have seen.
Sarah: This is a cute post, but very true. Your job can not be easy. Bad news or uncertain news can be hard to deliver, especially to deaf ears.
I'm digging this post! Keep up the great writing!
Great analogy. Hopefully the sun will come back out soon. Until then, better have your jacket handy!
Kevin ~ Thanks, I will remember to have my jacket handy. This is afterall, Oregon that I live in! :-)
Hey Sarah: Great analogy, I never thought about it, thanks for bringing it to mind. I certainly wish clients would pay attention rather than sitting on their hands to see if we know what we are talking about. Living in sunny southern California when I have said times are changing some people thought I must be wrong. Great insight I will share with others. Patti - Capital Line Funding Group - CA
Patti ~ I am glad that you will be able to use this. It is the reason why I blog. To be useful, not just to be fun. Although it often is! Thanks for your encouragement.