CRE Lending
America's #1 Mortgage Broker, Brian Brady. You'll never wonder where he stands when you read Brian Brady. He's not always right but he's always...OPINIONATED
ARCHIVED BLOG POSTS
2008
23
Comments
Hurricane Gustav and the decision to pick Alaska Governor Sarah Palin as the Republican VP candidate have thrust the problem of high oil prices into daily Starbucks' conversations. The prices at the pump have tripled in the last five years and Americans are fed up with the stalemate caused by s...
08/31/2008
Weird things are happening in the mortgage-backed securities market. Strong buying, in the 30 year-fixed rate loans, has dropped rates .25% since my last report, The ARM rates, however, have RISEN. A weird phenomenon, indeed. I'm only quoting two loan programs (the others make no sense): Mo...
08/28/2008
4
Comments
California teachers can buy a home, with a down payment requirement as little as 3%, using a little known loan program offered by their State retirement plan. The California Teachers Home Loan is less expensive than the traditional FHA mortgage option because it avoids mortgage insurance and co...
08/27/2008
Did you know you could get an adjustable rate mortgage through the FHA-insured loan program? ARMs are a dirty word in the media today. As millions of homeowners have their ARM rates adjusted, the press peddles fear, causing new home buyers to overpay on the FHA home loans.Let's look at my favo...
08/26/2008
Did you know you could get an adjustable rate mortgage through the FHA-insured loan program? ARMs are a dirty word in the media today. As millions of homeowners have their ARM rates adjusted, the press peddles fear, causing new home buyers to overpay on the FHA home loans.Let's look at my favo...
08/26/2008
Mortgage rates were stable this week. ARM rates went up and the fixed rate mortgage rates are the same as they were Monday. I mentioned that traders felt "stuck in the middle" of conflicting data. Core inflation is rising but oil prices are falling like a rock off a cliff. I'm as confused as...
08/15/2008
1
Comments
I’m a salesman and have been since I hawked peanuts on the Ocean City boardwalk. I’m addicted to “the pitch”. I love writing them, watching them, and critiquing them. Many people get upset when a “trainer” comes on to give an educational talk and finishes with an offer to buy books, tapes, coa...
08/14/2008
9
Comments
Here's Greg Swann, introducing new BHB contributor, Jessica Horton: What do you do when you’re selling a thick slice of a billion dollars’ worth of real estate every year, when you’ve built your own RE/Max franchise from scratch, when you’ve hit the “30 Under 30″ target at Realtor magazine? Start...
08/12/2008
2
Comments
Mitch Ribak spoke to the Barrys on Real Estate Radio USA last Friday. Mitch started as an agent in 2001, opened Tropical Realty in 2005, and has grown his business to close 180 transactions, during the first six months of 2008, in a down real estate market. Mitch looks for newer real estate age...
08/11/2008
America's #1 Mortgage Rates for August 1, 2008. Loan amounts up to $417,000: 3/1 ARM 5.500% 5/1 ARM 5.750% 7/1 ARM 5.875% 10/1 ARM 6.250% 30 Yr Fixed 6.375% All rates offered to the borrower with 1 point cost. Rate quotes assume a purch...
08/11/2008
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