ProAPOD®

Real Estate Investment Software Blog

I just wanted to mention that I do post articles on my ProAPOD Real Estate Investment Software website. You will find the list at List of Articles.

If you want a great way to tell your customers how much you appreciated their business for the past year with a (low-cost) item and want something they can really use, why not pass on the typical coffee coupons or lottery tickets and buy them our ProAPOD Mortgage Calculator Software.

ProAPOD Mortgage Calculator Software enables you to make mortgage payment, time value of money, and cash flow computations in seconds without having to resort to a hand-held calculator that is both time consuming and difficult.

In the following article,”Mortgage Interest Rate Predictions For the Rest of 2009“, author Michael Petrone feels that mortgage rates will drop in October 2009. He makes a sensible argument, feeling that the banks raised interest rates some time ago by .5% in order to service the influx of refinances resulting from President Obamas “Making Home Affordable” plan, and again will lower their rates once they get caught up. It primarily speaks of home mortgages, but seems likely that it will also apply to commercial mortgages, and if so, would be welcome news for real estate investors and agents who work with rental income properties. Let’s hope so.

A loan-to-interest table is a very useful finance resource for anyone about to buy real estate or working with real estate buyers because it concisely shows various combination’s of monthly payment based on a range of loan amounts and rates of interest. In just one sitting, you (or your customer) can quickly see hundreds of monthly payment amounts for various loan amounts with differing rates of interest.

The major difference between how mortgages are calculated in the US and Canada rests solely on the way compound interest is calculated.