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Compliance, LOS, Best-Ex, MSR Valuation Products; 2nd Mortgage and Conv. Conforming News

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Compliance, LOS, Best-Ex, MSR Valuation Products; 2nd Mortgage and Conv. Conforming News

By:
Rob Chrisman

1 Hour, 27 Min ago

Hey, there is plenty of competition among lenders and among vendors. But, to the best of my knowledge, vendors and lenders aren’t doing this to one another. “There oughta be a law against it!” At the MBA Secondary Conference last week, MBA CEO Bob Broeksmit railed about the regulatory knots that bind the mortgage industry. Attorney Brian Levy agrees that’s a big problem, but disagrees with Bob’s solution in his Mortgage Musings. (Levy also gives some more thoughts on the CFPB funding case.) Regulations, and complying with them, certainly add to the cost of home loans, which in turn are passed onto borrowers of course. For lenders, cutting costs is a full-time gig. The biggest cost, of course, is personnel and LO comp, usually for several thousand dollars per loan. Of course, business models factor into it… How do you produce a loan? What about orginators who aren’t productive? Paying producers who do one loan a quarter… The money has to come from somewhere. (Found here, this week’s podcasts are sponsored by American Financial Resources, the mortgage lender that’s shaking things up by streamlining processes, bringing on the best humans in the business, and putting the customer experience front and center. Hear an interview with Angel Oak’s Tom Hutchens on how loan originators can navigate a competitive market with the increasing demand for niche products like non-QM loans and bank statement HELOCs.)

Training, Products, and Software

“In the movie ‘The Matrix,’ Trinity reminded Keanu Reeves’ character, ‘The answer is out there, Neo, and it’s looking for you, and it will find you if you want it to.’ Chances are she was not talking about MSR valuations, but we are. This is your sign to unlock the “MSR Matrix,” and join Optimal Blue on June 5 at 1 p.m. CT for our MSR 101: How to Value the MSR Asset webinar. MSR experts Vimi Vasudeva, Brad Eskridge, and Tony Paciente will discuss the different assumptions that factor into MSR valuations and how MSR assets can help you optimize profitability. Attendees will gain a thorough understanding of the asset from a valuation perspective, along with the differences between various valuation approaches. It’s time to optimize your MSR assets and retain the most profitable loans in your pipeline. Don’t be a glitch: register for the webinar today!”

The Base Rate Generator is a tool that helps mortgage lenders generate rate sheets in their pricing engine using back-end pricing. It’s as simple as going to the rate sheet tab in MCTlive! and clicking Generate.” In this latest video, MCT’s Director of Product & Pricing, Luke Chang, describes key features of the Base Rate Generator, including specs being passed through the aggregator rate sheet, the best execution process, and advanced granularity benefits. By combining live agency API connections, co-issue executions, aggregator pricing, and custom TBA indications, the MCT Base Rate Generator allows mortgage lenders to improve margin management and competitive performance. Originators interested in learning more about the industry-first features included in Base Rate Generator should register for the upcoming webinar on June 4th.

Vaporware. That’s when you’re sold software that doesn’t end up delivering a fraction of what was promised. Want to supercharge your LOS with software that delivers? Read these reviews on the ICE Mortgage Technology™ Marketplace.

Compliance Experts Report on Q2 2024 Mortgage Compliance Outlook! Join ACES Quality Management’s EVP of Compliance, Mandy Phillips and Ballard Spahr’s Richard J. Andreano, as they share their expert knowledge on the hot topics of mortgage compliance. on June 6th at 11:00AM PDT as they discuss the Supreme Court update and Townstone, FTC banning of non-compete agreements, CFPB view of UDAAP abusive prong, and a Fair lending update. Reserve your spot.

Conventional Conforming Pricing and Processing Changes

Fannie Mae updated Selling and Servicing Guide pages. All topics have new URLs, with temporary redirects in place until January 2025. To avoid disruptions, please update your bookmarked links as soon as possible.

Fannie Mae posted the May Appraiser Quality Monitoring (AQM) list to Fannie Mae Connect. The monthly list will also be available on the AQM page through July 30, 2024, when Fannie Mae Connect will be required for viewing.

On May 19, the 2024 area median incomes (AMIs) were implemented in Desktop Underwriter® (DU®), Loan Delivery, and the Area Median Income Lookup Tool. At a FIPS-level, 79.6 percent of AMIs increased for 2024, meaning more borrowers may meet AMI requirements. AMI is also used to determine eligibility for certain loan-level price adjustment (LLPA) waivers. Lenders may use this information to determine income eligibility for HomeReady and other loans with AMI requirements. Read the Fannie Mae Selling Notice for additional information.

Pennymac Announcement 24-52 describes Conventional LLPAs update effective for all Best Efforts Commitments taken on or after Friday, May 24, 2024.

AmeriHome Mortgage posted a reminder in 20240513-CL Product Announcement as to the GSEs recently published policy updates related to property insurance requirements. Sellers are reminded that these changes are effective for all Mortgage Loan applications taken on or after June 1, 2024, but are encouraged to implement these changes earlier.

Second Mortgage Programs

The word during the recent capital markets conference was that investors and large lenders will continue to rollout HELOC and 2nd mortgage products. There’s so much equity out there! For example…

Closed-End Seconds (Fixed Rate Home Equity Seconds) are available through Pennymac TPO. While the Pennymac Correspondent Group (PCG) does not currently offer the product, approved PCG clients are eligible to obtain it through its wholesale division, Pennymac TPO. PCG stated they are seeing rates for Fixed Rate Home Equity Seconds mostly in the 8.5-9.5 percent range while they offer a dedicated rate sheet specific to second mortgages that does not expose pricing on other products. Guidelines are straightforward and an appraisal is not required in many cases. You can sign up to broker the product in a few simple steps. Login to P3 for more information.

Recently, Plaza Home Mortgage® rolled out a new program that can significantly benefit your borrowers. Plaza’s Closed-End Seconds program is tailored to help borrowers tap into their property’s equity without affecting their existing first mortgage offering substantial cash-out potential, providing your borrowers with the means to enhance their financial stability. Please note, this program is available in all states except Texas.

Capital Markets

Fixed-income security prices, and therefore interest rates, are driven by supply and demand. The main news this week as far as capital markets staff are concerned has been lackluster sales of new Treasury notes and bonds. Tuesday brought a lousy bond auction of 5-year notes, which sent the 10-year yield back above 4.5 percent. The U.S. Treasury completed this week’s note auction slate yesterday with a poorly received $44 billion 7-year note offering, which pushed the 10-year yield to a monthly high at 4.64 percent.

Like Tuesday’s 5-year auction, the 7-year auction tailed 1.3 basis points, which means that the buyers who barely got the bonds paid much less than the others, a sign of weak demand. As a quick reminder, a “tail” is the difference between the average price and the cut-off price (the lowest price that a bond is sold for). Put another way, a tail indicates a difference between the yield in the auction and the yield in pre-auction trading, meaning that the Treasury had to offer a premium to entice investors to buy the debt.

Both the weak demand for Treasuries and hawkish Fed “speak” this week has forced investors to pivot toward “risk-off” mode, which has pushed rates higher. Yesterday traders also sifted through the Fed’s latest Beige Book, which said economic activity continued expanding from April to mid-May at an uneven pace with most Districts reporting slight or modest growth. Retail spending was little changed while auto sales were also essentially flat. Travel and tourism improved while demand for non-financial services also grew. Lending growth remained constrained by high rates and tight standards, though housing demand rose modestly. The release comes on the heels of Minneapolis Fed President Kashkari saying earlier in the week that Fed policymakers haven’t entirely ruled out rate hikes.

Mortgage rates certainly impact overall origination volume. If you recall, we learned last week that existing home sales fell 1.9 percent in April as higher mortgage rates reduced demand and forced some potential buyers to the sidelines. Supply grew to 3.4 months’ worth over the course of the month, which is up from 3.0 months’ in February. New home sales fell 4.7 percent during the month and new home supply was up to 9.1 months.

Anecdotal data suggest that builders have once again stepped up their use of incentives and interest rate buydowns to lure buyers back to the market. That comes as messaging from the Fed continues to reiterate the “higher for longer” mantra, as it is taking longer than anticipated for FOMC members to gain confidence that inflation is on a sure path to two percent. If there is a rate cut this year, it will likely not be until the fourth quarter.

The second look at Q1 GDP (+1.3 percent) kicked off today’s economic calendar. Real GDP growth in the first quarter of 2024 was expected to be revised lower to 1.4 percent in the second estimate’s release, from 1.6 percent originally, reflecting downward revisions to consumer spending. The GDP Price Index was +3.0 percent on an annualized basis, slightly lower than expected. Core PCE was +3.6 percent, as expected. Initial Jobless Claims were +219k, also about as expected. Overall, there were no surprises.

Later today brings the Pending Home Sales Index for April, Freddie Mac’s Primary Mortgage Market Survey, and two Fed speakers are currently scheduled: New York President Williams and Dallas President Logan. We begin the day with Agency MBS prices slightly better than Wednesday’s close, the 10-year yielding 4.59 after closing yesterday at 4.62 percent, and the 2-year at 4.95.

Employment

In the Northwest and California, Banner Bank is searching for Mortgage Loan Officers looking to create lasting Realtor and builder relationships at a bank focused on the market today. Banner has opportunities for lenders looking for local decision making with FHA, VA, USDA, state bond and true Portfolio lending opportunities along with servicing retained Fannie and Freddie loans to assist in client retention. Additional highlighted products cover CRA lending with private label no payment down payment assistance to help assist all borrowers with the right opportunity. Banner is the right fit for an established team, or the individual looking to grow their business and take the next step in their career. Please send resumes to Aaron Miller.

Kind Lending appointed 40-year industry vet Tammy Richards as its new Chief Operating Officer. (She remains the CEO of LendArch, a consulting firm she founded in 2021.) Tammy will “leverage her deep industry expertise and proven history of success to oversee all operational aspects of the company. Her focus will be on scaling Kind Lending’s infrastructure and processes to support its rapid growth while ensuring the company upholds its commitment to social impact.”

 Download our mobile app to get alerts for Rob Chrisman’s Commentary.

Source: mortgagenewsdaily.com

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Do you want to learn how to make $50 a day? Whether you are looking to make extra income with a side hustle or if you are looking for a full-time career, there are many ways to make $50 or more each day. There are many ways to make $50 a day, like working from…

Do you want to learn how to make $50 a day?

Whether you are looking to make extra income with a side hustle or if you are looking for a full-time career, there are many ways to make $50 or more each day.

There are many ways to make $50 a day, like working from home or selling things online. Learning how to make extra money can change your life, whether it’s for daily expenses, saving for big goals, or even early retirement. Making $50 a day can be a stepping stone or a big achievement.

Best Ways To Make $50 a Day

Below are the best ways to make $50 a day.

Recommended reading: How To Make $100 A Day

1. Sell printables

Earning $50 a day can be possible with printables. Making and selling things on Etsy is a super creative way to earn money on the internet. It’s especially great for people who are into art and creativity to make some extra cash.

Printables are digital files that customers can download and print on their own. Some examples of what you can sell on Etsy include shopping lists, gift tags, art you can print and hang on your wall, travel checklists, and coloring pages.

Plus, if you want to learn how to make $50 dollars a day in passive income, then selling digital products like printables is one option to start with.

I recommend reading How I Make Money Selling Printables On Etsy to learn more.

Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.

2. Proofreading

Earning $50 a day might seem tricky, but it’s totally possible if you try proofreading. That’s when you read writing to catch and fix mistakes.

If you like spotting mistakes in writing and want to make $50 every day, then learning to proofread could be a good fit for you.

Proofreading can be something you do on the side or turn into a full-time job that you can do from home. And yes, you can definitely make $50 a day with it. Lots of proofreaders make around $40,000 a year or even more.

To learn more about proofreading, please read How To Start A Proofreading Business And Make $4,000+ Monthly (this is actually an interview with my sister-in-law, who is a very successful proofreader and editor!). 

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This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.

3. Blogging

When I first started blogging, one of my goals was to make $50 a day. I have now completely surpassed that goal by a lot, so I know that it is possible!

Starting a blog can be an exciting way to earn some extra cash. You might be surprised to find out that blogging can be quite affordable to start. With a little bit of effort, your blog just might become a place where you can share what you love, and earn money doing it.

A blog is a website that can be about whatever topic you are interested in writing about, such as personal finance, travel, food, organization, family, pets, and more.

You can learn how to start a blog for free at How To Start A Blog FREE Course. In this free course, I teach you what you need to know about starting a blog, from the technical stuff to making your first money and getting people to read it.

There are also many other ways to make money similar to this as well, such as by starting a YouTube channel or TikTok.

4. Answering paid online surveys

Making $50 a day from just surveys would be hard, I will not lie. But, you can combine answering paid online surveys with some other side hustles so that you can reach your $50 a day goal.

When I was paying off my student loans, I made sure to fill out lots of surveys every week. I did it before work, during my lunch break, or after work. It was great because I could earn money from survey sites whenever I had free time.

Survey companies pay you to do things like answer surveys, watch videos, and try out products. Sometimes, they even give you free products so you can test them out and give your opinion.

Here are some online survey companies that pay you for your opinions:

  1. American Consumer Opinion
  2. Survey Junkie
  3. Swagbucks
  4. InboxDollars
  5. Branded Surveys
  6. Prime Opinion
  7. Five Surveys
  8. User Interviews – This is a great site for online focus groups that pay over $50.
  9. Pinecone Research – This is a great site that occasionally lets you test out physical products (I was once sent toilet paper to review).

5. Bookkeeping

If you’re good with numbers, bookkeeping is a way to make $50 a day. Bookkeepers help businesses keep track of their finances. This job can be done from home, making it super flexible.

You don’t need to be an accountant or have any previous experience. This is a skill that anyone can learn and then do from home.

This job can make you more than $40,000 a year, and there’s a lot of potential for advancement. Many different kinds of businesses need bookkeepers, so it’s a great career choice to begin with.

Recommended reading: Online Bookkeeping Jobs: Learn How To Get Started Today

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This free training will teach you what you need to know to become a virtual bookkeeper and make money from home.

6. Sell dog treats

Starting a dog treat business at home is a fun way to make an extra $50 a day.

People love their pets and are willing to spend money on homemade, quality treats. With a low starting cost, you can bake treats right in your kitchen!

You can create all sorts of goodies like cupcakes, cookies, cakes, and more, just for dogs.

You can learn more at How I Make $4,000 Per Month Baking Dog Treats (With Zero Baking Experience!).

7. Walk dogs

You can easily start getting clients by offering to walk dogs or pet sit in your neighborhood or town.

Many people need trustworthy people to look after their pets while they’re at work or away, and by offering this service, you can earn a good amount of money each day.

Here are some possible earnings:

  • Dog walking usually earns you between $15 to $35 an hour per dog.
  • For overnight pet sitting, rates can start at $25 per day and go up.
  • If you watch two dogs a day at $50 each, that’s a neat $100 per day.

I really like using Rover for dog walking, and it’s what I’ve used in the past. I like how user-friendly the site is, and there are always a bunch of pet owners searching for dog walkers, which means there’s plenty of demand. There are also other great sites out there, depending on what you’re interested in!

My sister and my mother-in-law are both pet sitters, and they really enjoy it!

8. Flip items for resale

Flipping items for a profit is a way to make an extra $50 a day. Flipping means you buy something at a lower price and sell it for more. And, you can start by selling stuff that you already have!

I have sold a lot of things online over the years, from clothing to furniture and even old tires.

You might have clothes you don’t wear, an old phone, books, unused gift cards, CDs, DVDs, kitchen items, jewelry, and more to sell. The possibilities are endless. I’ve heard that the typical household has about 300,000 things, so I bet you could look around your home and find some items to sell pretty easily.

And, if you want to learn how to make $50 in 10 minutes (or any other short amount of time), then selling something you already have is usually one of the quickest options.

You can sell on many different sites and online platforms as well, such as eBay, Craigslist, Facebook Marketplace, and more.

I recommend watching the free webinar Turn Your Passion For Visiting Thrift Stores, Yard Sales & Flea Markets Into A Profitable Reselling Business In As Little As 14 Days to learn how to make money by flipping items.

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This free workshop will teach you how to get into the flipping business. It will teach you how to resell furniture, electronics, appliances, and anything else you can find.

9. Play games online

Earning $50 a day can be as fun as playing games on your computer or phone and being able to make money online.

Game apps pay real money rewards (as well as free gift cards) because they make their money from ads and in-app purchases. They share some of their earnings with you to keep you playing their games.

Here’s a quick list of the top game apps that pay real cash:

  1. KashKick
  2. Swagbucks
  3. InboxDollars

You can get paid to play games like Coin Master, Monopoly, Yahtzee, and Bingo.

Recommended reading: 23 Best Game Apps To Win Real Money

10. Deliver groceries

Instacart is a popular website where you can earn extra cash by shopping for and delivering groceries. It lets you use your spare time to make some additional money.

I have used Instacart many times to order groceries for myself, and it is such a helpful service.

When you work with Instacart, you can make up to $25 per hour in the best cases, but typically, most drivers earn around $15 per hour.

You can learn more at Instacart Shopper Review: How much do Instacart Shoppers earn?

11. Deliver food

Earning $50 a day can be as simple as delivering food!

With the boom of food delivery apps, you have many options to choose from. Apps like Grubhub, DoorDash, and Uber Eats let you pick up food from restaurants and deliver it to hungry customers.

12. Freelance writing

If you want to earn $50 a day, freelance writing is a smart choice. You can write about things you know and love, and there are plenty of places looking for your words!

New freelance writers can typically make around $50 per article that they write. And, as you gain experience, you can increase your fee. I know many freelance writers who make $200+ per article and even some who make $1,000 or more per article.

Being a freelance writer has been one of my gigs for many years, and it is a great way to earn extra cash. You get to make your own schedule, call the shots as your own boss, write about topics you’re interested in, and more.

Recommended reading: 14 Places To Find Freelance Writing Jobs – (Start With No Experience!)

13. Online tutoring

Would you like to earn extra cash by sharing your knowledge? Online tutoring could be a great fit for you! With the internet, you can connect with students all over the world.

As a tutor, you might spend 30 minutes to an hour teaching a lesson, answering questions online, or doing one-on-one video sessions with students.

The amount of money you can make depends on factors like the subject you’re tutoring, the length of the session, and more. For instance, tutoring in advanced subjects like college calculus usually pays more than tutoring in elementary school math.

14. Sell photos

Did you know your photography skills can become a way to earn some extra cash? It’s true! With the right approach, you can start making $50 a day or more by selling your photographs.

One of the easiest ways to start earning from your photos is by selling them on stock photo websites. These sites act as a middleman between you and customers who need photos for their own projects. You can sell pictures that you’ve already taken or capture new images for this purpose.

Places to sell photos include:

  • Shutterstock – This is a well-known site where you can upload photos and earn money every time they’re downloaded.
  • iStock by Getty Images – Here, you can sell your images across different platforms, and whenever someone downloads them, you earn income.
  • Adobe Stock – If you join Adobe Stock, you can potentially earn from the images that users download for their creative needs.

Recommended reading: 18 Ways You Can Get Paid To Take Pictures

15. Virtual assistant

Are you good at organizing things and helping others stay on track? If yes, then virtual assisting might be a great way for you to make $50 a day.

As a virtual assistant, you might handle tasks like managing social media, formatting and editing content, scheduling appointments or travel, managing emails, and much more. Essentially, you get paid to take care of any task in someone’s business that they don’t have to do themselves.

Typically, you can start making around $15 to $20 per hour as a virtual assistant, but sometimes you might even earn double or triple that when you’re just starting out.

Recommended reading: Best Ways To Find Virtual Assistant Jobs

16. Online transcription

Transcription work is becoming more popular, and you can find online jobs from home as a transcriptionist. Your job would involve listening to audio and turning it into written text.

The average pay for online transcriptionists usually falls between $15 to $30 per hour, with newbies often starting at the lower end of that scale.

A helpful free workshop to take is Is a Career in Transcription Right for You? You’ll learn how to get started as a transcriptionist, how you can find transcription work, and more.

17. Affiliate marketing

Affiliate marketing lets you make money by promoting products or services online, and you don’t need anything special to begin.

With affiliate marketing, when someone you refer buys a product through your special link, you earn a commission. It’s as straightforward as that.

First, choose products you genuinely like and think others will enjoy too. Next, join their affiliate program. They’ll give you a unique affiliate link. This link keeps track of who clicks on it and makes a purchase based on your recommendation.

For me, I love affiliate marketing. I think it’s one of the best ways to make at least $50 a day, and it is what I do to make money with my online business.

I recommend signing up for Affiliate Marketing Tips For Bloggers – Free eBook to learn more.

18. Rent out your spare room

If you have an extra room in your home, renting it out could be a smart way to earn some additional cash.

Having a roommate, whether it’s someone living with you full-time or occasionally renting out a spare room on Airbnb, can help you earn extra cash every month.

It might not add up to $50 every day, but by having a roommate or renting out a spare room on Airbnb, you could make several hundred dollars a month, or even over $1,000 extra each month.

Some people take it even further by purchasing a large house with multiple bedrooms and renting out every single room (also known as house hacking). This way, you might have three or four renters living with you. This arrangement could cover your entire mortgage payment and maybe even leave you with some extra spending money on top of what you earn from having roommates.

Over the years, I’ve had many roommates. When I owned a home, I often rented out one or even two spare bedrooms to long-term renters, including a friend and my sister, to earn extra money. This helped us manage our monthly expenses better, reducing financial stress. We could earn around $300 to $400 per month for each bedroom. Although living with roommates isn’t always smooth sailing (arguments can happen), setting clear ground rules and having a contract can help prevent conflicts.

19. Rent out your RV

If you have an RV just sitting around, you might be able to earn $50 to $300 a day, or even more, by renting it out.

Many people have RVs that they don’t use very often. Instead of letting it sit there, you could earn extra cash by renting it out. Indeed, you might be able to make $100 a day or more by renting out your RV to others.

RVshare is helping travelers save money by cutting out the middleman through renting RVs directly from owners.

It’s like Airbnb, but for RVs.

Recommended reading: How To Make Extra Money By Renting Out Your RV.

Frequently Asked Questions

Below are answers to common questions about how to make $50 a day.

How to make $50 in one day?

You can make $50 in one day by selling services like pet sitting, house cleaning, or freelancing online. Platforms like TaskRabbit connect you with people who need quick assistance with chores and other odd jobs as well.

How can I make $100 in one day?

To earn $100 in one day, you might want to try a combination of gigs such as driving for Uber or Lyft, starting a freelance business (like writing, graphic design, or proofreading), or selling high-demand items online.

How to make $50 dollars in 10 minutes?

Making $50 in 10 minutes can be a challenge, but it can be possible by selling something online where you can get cash immediately. For example, you may be able to sell something that you have, like an old cell phone that you no longer use, and get cash for it.

What are some easy ways to earn $50 a day without leaving home?

You can earn $50 a day from home by tutoring online, transcribing audio files, or selling your craft on websites like Etsy. I make over $50 online every day from home, so it is definitely possible.

What are some quick methods to make $50 fast for beginners?

Beginners can make $50 quickly by doing tasks like yard work, signing up for food delivery services, or selling unused items on local marketplaces.

How can a kid earn $50 in just one day?

Kids can earn $50 in one day by setting up a lemonade stand, doing extra chores for neighbors, babysitting, or tutoring younger children.

How to make $50 dollars a day in passive income?

To earn $50 a day in passive income, you may want to rent out rental properties, invest in dividend stocks, or create online courses or ebooks that sell over time.

How To Make $50 a Day – Summary

I hope you enjoyed this article on how to make $50 a day.

You have lots of choices when it comes to being able to make $50 a day, so I recommend starting by picking gigs that match what you like and how you live.

For example, if you like giving your opinions, online surveys can make you money. Or, if you enjoy being out and about, delivering food or groceries might be good for you. If you’re into freelance work, there are tons of opportunities in writing, helping online, and teaching.

It’s possible to make $50 every day, and with some help, you can try out these options to see what works best for you.

What would you do to make $50 a day or more?

Recommended reading:

Source: makingsenseofcents.com

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Relatively Sharp Losses, but Nothing Special in The Bigger Picture

By:
Matthew Graham

Tue, May 28 2024, 3:49 PM

Relatively Sharp Losses, but Nothing Special in The Bigger Picture

Bonds began the day modestly stronger, and that was their first mistake.  Starting around 10am, the gains began evaporating following comments from Fed’s Kashkari (who needs to see “many” more months of good inflation before considering a cut) and a big pop in consumer confidence data.  In the next 3 hours, both the 2yr and 5yr Treasury auction would add to the pressure.  MBS were only down a quarter point on the day, which is an unremarkable move for the first day back after a 3 day weekend, but in contrast to the low volatility gains in the first 2 hours of the day, it feels subjectively abrupt.  Mortgage lenders concur, based on the number of reprices (and 2nd reprices).

    • FHFA Home Prices 
      • 0.1 vs 0.5 f’cast, 1.2 prev
    • Case Shiller Home Prices
      • 1.6 vs 0.9 prev
    • Consumer Confidence
      • 102.0 vs 95.9 f’cast, 97.0 prev

09:55 AM

Sideways in a narrow range overnight.  10yr unchanged at 4.466.  MBS up 3 ticks (.09).

10:23 AM

Slightly weaker after confidence data and Fed comments.  10yr up 2 bps at 4.486.  MBS up 1 tick (0.03), but down 3 ticks (0.09) from intraday highs.

11:37 AM

More losses after 2yr auction.  MBS down 2 ticks (.06) and 10yr up 3bps at 4.496

01:06 PM

10yr yields are now 5.6bps higher at 4.522 and MBS are down an eighth on the day

03:01 PM

Weakest levels of the day with MBS down 9 ticks (.28) and 10yr yields up 7.4bps at 4.54

 Download our mobile app to get alerts for MBS Commentary and streaming MBS and Treasury prices.

Source: mortgagenewsdaily.com

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Want to make extra money? Here are 21 ways to get paid to answer questions from home. Making extra money has become easier than ever, and answering questions online is a flexible way to earn cash. There are websites and apps where you can share what you know about different topics to make money. It’s…

Want to make extra money? Here are 21 ways to get paid to answer questions from home.

Making extra money has become easier than ever, and answering questions online is a flexible way to earn cash.

There are websites and apps where you can share what you know about different topics to make money. It’s a convenient way to make some extra cash on the side, and you can do it whenever it fits into your schedule.

Plus, you get to answer all kinds of interesting questions, from easy surveys to giving expert advice.

I have been getting paid to answer questions for years, through many of the ways listed below, so I know that these are real!

21 Ways To Get Paid To Answer Questions

Below are 21 ways to get paid to answer questions:

1. JustAnswer

Are you good at fixing cars or know why cats behave the way that they do? If you have knowledge in a specific area, JustAnswer might be your route to earning extra cash. On JustAnswer, individuals and professionals like you get paid to share their expertise and help others with their questions on your own schedule.

On JustAnswer, there are different types of experts like mechanics, doctors, lawyers, veterinarians, home experts, appraisers, consultants, computer and tech experts, and more. They have many categories with questions that need to be answered.

When someone has a question, they can go to JustAnswer and pay a fee. Then, JustAnswer finds an expert who knows about the topic to answer their question (these are typically detailed answers with insight).

JustAnswer says that if you’re qualified and answer questions online, your earning potential could be between $2,000 and $7,000 every month.

To become an expert on JustAnswer, you apply online. In this application process, they check your credentials to make sure you’re qualified as well as do a background check. Once approved, the JustAnswer team gives you a quick meeting to show you how to use the platform. It usually takes about a week to get verified after you apply.

You can get paid through direct deposit, PayPal, or Venmo.

2. User Interviews

At User Interviews, you can make between $50 and $100 an hour simply by participating in market research studies.

Big companies such as Macy’s, Home Depot, Spotify, Trip Advisor, Pinterest, and Amazon use User Interviews to hear what people think about their new products, apps, and websites.

You don’t just fill out surveys; these studies involve interacting with interviewers. They’ll ask questions, and your honest feedback can influence products and services.

Every month, User Interviews launches over 2,000 new studies. Last year, they paid over 87,000 participants.

I did a user interview and earned $400 for just one hour of work. It was easy – all done online with a video call. They wanted my thoughts on a new feature for a website.

Please click here to learn more about User Interviews.

3. Become a blogger

Starting a blog can be a fun way to share what you know and make money. Blogging means writing articles, or “blog posts” that get put on a website. You can write about lots of topics, like travel, food, or helping others with your expert advice.

When you blog, you can make money such as by:

  • Ads – You can put ads on your site. When people visit your blog and see or click the ads, you get paid.
  • Affiliate marketing – This is when you talk about products and give a referral link. When someone buys the product using your link, you earn a commission.
  • Selling products – Create things like ebooks or courses. When people buy them, you make money.

I started Making Sense of Cents in 2011. Since then, it’s helped me make over $5,000,000. I started it just to share my money journey, without even knowing that websites could make money.

And, I get paid to answer questions all the time! Many of the articles that I write have been inspired by questions that I have personally been asked by my readers. Readers will send me questions via email every day, and many times I will turn these questions into a new blog post.

You can learn more about starting a blog at How To Start A Blog FREE Course. Over 80,000 people have taken this course already. Join for free, and I’ll teach you what you need to know from setting up your blog to making money and getting readers.

There are other ways similar to this that you can get paid to answer questions too, such as by starting a YouTube channel.

4. Swagbucks

Swagbucks is a well-known rewards site where you earn money for doing surveys and other tasks. It began in 2008, and every day they give out 7,000 gift cards to their members. Yes, each day!

I’ve used Swagbucks to get Amazon gift cards and PayPal cash without much work. I’ve earned over 110 gift cards from them over the years.

When I logged into Swagbucks, I had 26 surveys to choose from. Each one took less than an hour and paid less than $10. For instance, one asked about my dining preferences, like how I find new places to eat and what kinds of food I like when I go out.

Another positive of Swagbucks is that payouts are easy to get and have a low minimum threshold.

Please click here to learn more about Swagbucks.

5. Freecash

Freecash is an online platform where you can earn extra cash. It teams up with businesses that need consumers to check out their products.

You sign up and do tasks like trying out apps, playing fun games, or answering surveys. Many times, you will be asked to answer questions and give your review on an app.

The amount you earn with Freecash varies. If you spend some time on it every day, you might make around $10 daily. Some users spend more time and report earning hundreds monthly, with a few reaching a thousand or more each month as well.

Click here to sign up for Freecash.

6. American Consumer Opinion

American Consumer Opinion is a free paid online survey company I really like. They pay you for each survey you do. You can make between $1 and $50 per survey, depending on how long it is.

American Consumer Opinion has paid over $30,146,855 to people who take surveys, with over 20 million surveys completed. They’re one of the most popular survey sites online.

You can sign up for American Consumer Opinion here.

7. InboxDollars

InboxDollars is a website where you can earn money by doing things like taking surveys, playing games, watching videos, shopping online, and more.

Most surveys on InboxDollars pay between $0.50 and $5.00 and take 3 to 25 minutes. If you meet certain criteria, you could even earn $10, $20, or more per survey.

By signing up through my link, you will receive a free $5 bonus! Sign up for InboxDollars here.

8. Survey Junkie

Survey Junkie is a platform where you can make money by sharing your opinion. If you take three surveys every day, you can earn up to $40 a month. It’s a simple way to add some extra cash to your wallet just by answering questions.

To make the most out of Survey Junkie, act fast when new surveys come out. Surveys have limited spots and can fill up quickly. Fill in your surveys honestly to avoid disqualification. Plus, by taking a quick tour of the site, you can snag some extra points.

Please click here to sign up for Survey Junkie.

9. Branded Surveys

Earning extra cash with Branded Surveys is both easy and rewarding. When you sign up, which is totally free, you can start taking surveys that pay you between $0.50 and $5.00 each.

Branded Surveys is a free survey company where you can earn cash and gift cards like Amazon and iTunes. They have over 2 million members and have paid out over $24,000,000 to their members. If you join today, you’ll get a free 100-point sign-up bonus.

There are many different payment options as well, such as gift cards and PayPal cash.

You can sign up for Branded Surveys here.

10. Prime Opinion

Prime Opinion is a survey platform that lets you make money by sharing your thoughts in online surveys. It’s easy to use and rewards you with PayPal cash or gift cards for your opinions, all without leaving home.

When I logged in recently, I had over 40 different available surveys that I could take, ranging from just a few minutes to around an hour.

There are many payout options too, such as Visa cards, PayPal cash, and gift cards.

Please click here to join Prime Opinion and get up to a $5 free bonus.

11. Five Surveys

Five Surveys is a paid online survey site that is easy to use, and you can get paid to answer questions online. Once you complete five surveys, you can claim $5. So, you get paid $1 per survey no matter how short or long it is, as long as you complete it.

Once you’ve earned, withdrawing your money from Five Surveys is easy and you can pick from multiple methods to receive your funds, whether you prefer direct payment or redeeming rewards like gift cards for popular retailers.

Please click here to sign up for Five Surveys.

12. Chegg

Have you ever thought about making money while helping others with their homework?

Chegg is an option you might want to consider. Chegg is a platform where students ask for help on their schoolwork, and experts like you provide answers.

The payment on Chegg can vary. They have a system where you earn more based on the number of questions you answer.

13. HelpOwl

HelpOwl is a site where you can earn points for helping others with their questions.

You can get 1,000 points for your first accepted answer. For any answers after that, you can get 100 points. Plus, each time your answer is marked as helpful, you can get an extra 10 points. Manuals get you even more points (but are much more detailed).

Your points can be redeemed for Amazon and Walmart gift cards.

14. PrestoExperts

PrestoExperts is a site where you can share your expertise and get paid for helping others. It doesn’t matter where you are, as you can answer questions from your computer or phone.

If you are knowledgeable about topics like law, health, or even tutoring, you could be in demand. There are over 600 different categories that questions are asked about, so there is probably a topic that you can answer.

15. Studypool

Studypool is an online platform where you can earn money by helping students with their questions. If you’re an expert in a particular subject, you can make cash by giving students the answers and explanations they need.

Once you’re approved, you can start answering questions. You decide how much your help is worth and can set your own prices.

Tutors at Studypool get paid for each question they answer. But, the site does keep a commission. This commission can be between 15% and 30%, depending on how active you are on the platform.

16. BestMark

BestMark is a top mystery shopping company that I have personally used.

This is my favorite mystery shopping company, and it’s the one I’ve used for all my mystery shopping. I’ve done over 50 mystery shops with them, and I have been paid to answer many questions through their site.

BestMark has mystery shopping jobs at places like restaurants, beauty stores, clothing stores, electronic stores (like Best Buy), car dealerships, movie theaters, retail stores, phone calls (for example, where you call the store to evaluate their customer service over the phone), entertainment attractions (like go-kart tracks and theme parks), and banks.

Businesses use mystery shopping to check and improve their customer service and products. They hire mystery shoppers to act like regular customers, visit their places, and give detailed feedback. Your job is to observe, interact, and share your thoughts on the entire experience.

17. Premium.Chat

If you have a website or social media account with followers, then Premium.Chat gives you a way to earn money by sharing your expertise through texting. Whether you’re a coach, tutor, entertainer, social media influencer, model, teacher, or any kind of advisor, this platform may work for you.

You can earn money by text chatting and charging per minute (from $1.00 to $5.99) or up to $50 for a single chat. You can also get paid for video calls.

The platform manages billing and payments, so you can just focus on chatting. You’ll receive payments via direct deposit or PayPal on the 10th of each month for the previous month’s chats.

18. BetterHelp therapist

BetterHelp is a top online therapy platform where you can offer text therapy and schedule video sessions and make a full-time income.

There are over 33,000 therapists on this platform, and they are always looking for more therapists.

As a BetterHelp therapist, you can earn around $100,000 per year for working 40 hours a week. You also get a monthly health insurance stipend of $450 to $650, bonuses for high performance, and other benefits. They ask for at least 3 years of experience in therapy for adults, couples, or teens.

19. Maven

Maven is a site where you can earn money by sharing your expertise. If you’re someone with a wealth of knowledge in a specific field, Maven can be your platform to make money by answering questions.

Maven is an online course platform where you can create a course that answers questions. There are courses on all different kinds of subjects on Maven, such as AI, design, engineering, marketing, business, leadership, and more.

20. Weegy

Weegy is a question-and-answer site where anyone can ask a question and earn money by answering questions anywhere, anytime and from your desktop computer, tablet, or smartphone.

With Weegy, you can earn around 20 cents for each question you answer, on average. The amount may vary based on how accurate and detailed your answer is.

21. Online tutor

An online tutor is someone who helps another person learn more about a specific subject, such as math, grammar, science, physics, geography, and more.

As a tutor, you could spend 30 minutes teaching a lesson, a few minutes answering questions online, or having a one-on-one video lesson with a student.

You may get paid to help answer questions as a tutor for high school students, college students, or even elementary students. Many people need tutors!

I recommend reading 11 Best Places To Find Online Tutoring Jobs (Make $100+ an hour) to learn more.

Frequently Asked Questions

Below are answers to common questions about how to get paid to answer questions.

Can I get paid for answering questions?

Yes, you can get paid for answering questions. Websites like JustAnswer pay experts from different fields to answer users’ questions. If you’re knowledgeable in a specific area, you could earn money by helping others. There are other ways to get paid to answer questions as well, such as by creating an online course or starting a blog.

How much do you make on JustAnswer?

On JustAnswer, your earnings can vary widely based on your area of expertise and the complexity of questions you’re answering. The potential pay ranges from $5 to $35 per question, but it greatly depends on how much time and effort you invest.

Which app pays for answering questions?

Swagbucks is an app that rewards you for answering questions and completing surveys. By answering daily polls and trivia, you can accumulate points, which can then be converted into gift cards or cash.

What trivia app pays real money?

Swagbucks has trivia games that can pay real money. There are also other apps made for trivia, where you can earn cash by correctly answering questions on different topics.

Does Quora pay you to answer questions?

Quora doesn’t pay for questions and answers directly, but they do have a program called the Quora Partner Program. If you’re eligible and contribute high-quality content, you can earn money through it.

How To Get Paid To Answer Questions

I hope you enjoyed this article on how to get paid to answer questions.

If you like helping others or sharing what you know, you can earn money for it. Some are a side hustle, and others are a full-time job or business.

Depending on the website or app you use, you might get paid directly, earn points that you can turn into cash or gift cards, or even receive tips. Each place that pays you to answer questions has its own rules and topics, so you can pick the ones that interest you most and match your skills.

I have been earning a full-time income for years by answering questions for others, and I really enjoy it. From mystery shopping to surveys, focus groups, blogging, and more, I have done many of the ways to get paid to answer questions on the list above.

Are you interested in learning how to get paid to answer questions?

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Source: makingsenseofcents.com