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Break-even is term used in the bond market. Inflation
Posted by grapebed of MO on 6/25/22 11:15am Msg #641047
is out of control. Wages have gone up substantially to keep up with the pace of inflation ( gas, food, housing costs, etc). In 2015, I earned about $75-$80 ( Old Republic Title comes to mind) for a 12- 14 page package.. In order for me to earn the same inflation adjusted profit in June of 2022, I would need to charge $115 to keep pace with inflation.

I would potentially accept a $115 HELOC assignment with minimal travel.

I had one person PM me that the fees for a HELOC are about $50 with countless notaries willing to take that assignment. I don’t know if that $50 figure is correct. Others, please post your current experience with HELOC fees.

It is probably another journey to the bottom with countless notaries willing to accept sub-standard fees. Inflation is a killer. Perhaps it will finally force $50 notaries to get a legitimate job.
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Messages in this Thread
 There is an upside to rising interest rates for some. - Mills Mobile Notary Service on 6/24/22 1:22pm
 ARMs are making a comeback, too, for some. n/m -  JanetK_CA on 6/24/22 1:55pm
 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/24/22 2:53pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 7:39am
 Break-even is term used in the bond market. Inflation - grapebed on 6/25/22 11:15am
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, -  Yoli/CA on 6/25/22 12:39pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - Mobile1/PA on 6/25/22 2:39pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, -  Yoli/CA on 6/25/22 3:13pm
 85% of the time, I won’t drive more than 4 miles one- - grapebed on 6/25/22 4:29pm
 In addition to the cost of doing business, what really - grapebed on 6/25/22 3:26pm
 Re: In addition to the cost of doing business, what really - PaigeTurner on 6/26/22 7:56pm
 Not going to happen. Supply/demand is driving fees down & -  MW/VA on 6/25/22 2:55pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - PaigeTurner on 6/25/22 5:39pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/25/22 5:53pm
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, -  JanetK_CA on 6/26/22 1:56am
 Re: 7 years ago HELOCs paid $80 for a 12-pages. Just curious, - grapebed on 6/26/22 8:04am
 Agree Janet - PaigeTurner on 6/26/22 7:37pm
 Re: There is an upside to rising interest rates for some. - PaigeTurner on 6/26/22 7:32pm
 Re: There is an upside to rising interest rates for some. -  Expeditor on 6/27/22 1:00pm



 
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