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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
Canadian investors, seeking American mortgages, may be in for a shock when "shopping". The American mortgage banking and brokerage system is different than the Canadian banking system. In Canada, there are 5-7 major banks or lenders and a variety of mortgage brokers. Both lenders and mortgage...
04/26/2008
Western Canadians are buying real estate in Arizona. There are four reasons for this modern day land grab: Crude oil and minerals have led the commodities price surge, world wide. Western Canada is rich with both minerals and crude oil. While the Western United States is experiencing a hous...
04/26/2008
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Comments
Canadian investors are buying Phoenix, Arizona homes faster than the mercury rises in direct Arizona sunlight. We have helped over a dozen Canadians secure mortage financing for Arizona properties. Arizona real estate broker, Greg Swann, reports that his listed properties are being viewed by C...
04/26/2008
The sub-prime mortgage crisis has hit San Diego County especially hard. Declining housing prices and an erosion of alternative mortgage products leaves many San Diegans high and dry when looking for a "quick" loan.Homeowners with solid equity positions can breathe a sigh of relief; sub-prime mor...
04/21/2008
I'm still floating mortgage rates, unless my clients are closing within 14 days. I"m cautiously floating because of the volatility in the market. Fundamentally, mortgage rates shouldn't have a whole lot more room to come down; the Fed cuts are probably coming to an end. Something much more dra...
04/14/2008
Mortgage rates should decline, in the near term. I'm changing my recommendation from lock all loans to float all mortgage applications, if the loan is closing more than 14 days out. That means that if you're scheduled to close on your mortgage, before April 15, 2008, you should lock your mortg...
04/02/2008
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How to Shop for a Mortgage TodayBy Mertz Esswein The troubles in the subprime mortgage market have led to tighter standards for all borrowers. Buyers and refinancers with sterling credit records won't feel the pinch. But lenders have reined in their underwriting rules for borrowers with less-th...
04/01/2008
I'm looking for investment properties, in California or Arizona. 1- Existing tenants are preferred. If property isn't leased, we need hard rent figures for comparable properties, within a mile. 2- Property must be 1-4 units (no dingbats or muti-family). Condos are acceptable if complex has mo...
04/01/2008
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