Follow Mortgage Rate Movements On Twitter
By: Brian Brady,
MillionaireRealEstateLender.com,
Post Archive,
RSS FeedPosted: Saturday, January 12th, 2008, 4:01 pm MST
Category: Lending, Technology
I didn’t understand the allure of Twitter until I went to Inman Connect. I originally thought it was “text-chat” until I read Greg Swann’s post about microblogging on Twitter. Now, I offer Mortgage Rates Report, the “lock or float” service, on Twitter.
Click this link for my Twitter feed.
Here is what you can expect from the Mortgage Rates Report feed on Twitter:
1- Market sensitive updates- I’ll only tweet you if there is a move in the market with advice to float or lock.
2- Communication at least once a week.
3- I won’t be responding to questions on Twitter- just broadcasting market sensitive information
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20 Comments so far
That might be the first worth while use of twitter I’ve seen.
This is simply brilliant, and I deserve no credit at all. I wish I had thought of this.
What you have done is taken an ordinary Twitter channel and and turned it into a mass-media broadcast outlet — a radio station. If you hew to the plan, nothing but mission-critical mortgage news in a timely-fashion — with the TinyURL links back for more information — you will have created a category-killer, a brand new thing under the sun.
I am proud to know you, sir.
Andy, Teri, is there a way to make Twitter feeds echo to IM clients? For this application, that would rock.
“I wish I had thought of this.”
…but you did (the 500,000 channel television set)- you just weren’t thinking of a CNBC mortgage channel
Very creative thinking!
Many twitterers appreciate the conversation of twitter, and don’t like to follow the shameless self-promo kings that only tweet to drive traffic to their blogsites, but refuse to communicate. Having said that, @BreakingNewsOn is a news aggregator that tweets only breaking news stories and is tremendously popular because of it’s usefulness. Since you are giving real time information, what you are tweeting would likely fall into that usefulness category. Plus, you are already a RE.net rock star, so you have rabid pre-tweet following.
>is there a way to make Twitter feeds echo to IM clients?
I can’t answer that for sure, but I think so. Andy will have to help out with that one. Believe it or not, I do limit my twittering to website only- no IM, no text.
this is a brilliant idea. really, really brilliant. bravo.
>>is there a way to make Twitter feeds echo to IM clients?
I don’t know, but another idea would be to burn the Twitter RSS feed over on Feedburner. Then set up there “subscribe by email” tool. Then let readers subscribe, but suggest using the text email address from their mobile phone. Mine is my-phone-number-@vtext.com
Do IM’s have their own email addresses?
I didn’t see a use for Twitter until reading this post. Thanks, Brian!
Great idea!
[...] Hat tip to Brian Brady for the idea. [...]
Been doing this since Dec 10th – best practice is to add your twitter feed to the sidebar, or some other unobstrusive but easy to see spot on your blog.
Hey everybody, sorry it took me so long to chime in here, but I’ve been wrestling through a bit of a hardware issue, but better late than never, right?
Brian, congrats on finding a use for Twitter. Part of the beauty of twitter is the simplicity of it. Using it as a broadcasting tool is a great option and if that’s the way that you want to go with it, cool with me.
>>is there a way to make Twitter feeds echo to IM clients?
End users can choose to customize their notification preferences and if someone wants to get your notifications via IM, that can easily be done.
I’m currently up to my eyeballs in amateur Twitter hacking and I know that Brian saw it because, he’s part of REnetTalks, a real time REnet conversation tracker which is powered by Twitter.
Check it out:
http://myeastbayagent.com/renet-talks/
& my post om MEBA for more background
http://myeastbayagent.com/2008/01/12/introducing-renet-talks-v10-alpha-of-course/
I think I’m only scratching the surface here & I’d love any input that you all would care to share.
–Andy
[...] buy in Brian Brady from WorldWideWeathPlanners.com is using twitter to share his take on mortgage rate activity and market information. Find him at [...]
[...] Let’s gather the pieces: -Twitter might be a village, but real estate is local. -To create an insanely great hyper-local weblog, “Be the community”. -In order for Twitter to be useful, you have to tweet something useful. [...]
[...] I wish I could save this post for Valentines Day! Earlier this month, fresh from Inman NY, Brian announced that he is going to start posting tidbits of rate info on Twitter. If you subscribe to Brian’s Twitter, Mortgage Report, you’ll be notified if he [...]
[...] Brian Brady recently said he uses Twitter and that got me thinking. How are you delivering rate info? Do you still fax or hand carry rate sheets or do you have rates on a blog? [...]
[...] to see how other small businesses are using technology and new media. You’ll recall that I started tweeting rates about a month [...]
[...] talking to Teri Lussier about Twitter, a lot. I didn’t get it until I decided to post relevant mortgage market information on the Twitter feed. Let’s assume you HATE Twitter (or just don’t get it). Let’s assume that you [...]
[...] @MortgageReport (Brian Brady, The Mortgage Report), tells us what the mortgage market is doing [...]
I think your idea is great and Twitter is the perfect medium to post updates and information. Above all, Twitter is about sharing and receiving information and provides an excellent way of meeting with and networking with other professionals in the real estate community and potential clients.
I use Twitter to send out updates about The Real Estate Wiki, share my thoughts about what’s going on in real estate, quirky stuff I think is fun and other work I’m doing, which is how most of us use it.
However, Twitter has had some problems lately and they’re not fixing them as soon as man y of us would like, so consider Friend Feed as another option in addition to Twitter.
“However, Twitter has had some problems lately and they’re not fixing them as soon as man y of us would like, so consider Friend Feed as another option in addition to Twitter.”
Good advice. Twitter does dive at the worst possible times