Buyers and Refinancers Flock to Interest Rate Bargains

Rather than lowering the numbers cautiously and gradually, which is the Fed's normal policy when tinkering with interest rates, Fed Chairman Ben Bernanke adopted a chainsaw approach during the first month of 2008. Wall Street and other world markets have reacted with mixed emotions so far, but American consumers wanting to buy a home or refinance an existing mortgage are completely ecstatic. In an ongoing effort to avoid an imminent economic recession the Federal Reserve Bank slashed ...

Canadians: How to Finance a US Real Estate Purchase

These days there's a large influx of Canadians interested in buying real estate in the U.S. Of course this draw is due to the effects of the subprime mortgage crisis which has led to a saturated market of foreclosure properties selling at much less than market value. Also, Canadians are running to the US to put the strong value of their robust loonie to good use. Likewise, in Canada house prices are continually on the rise, with Canadian vacation properties at a premium. These factors are ...

GET CASH FOR YOUR PRIVATELY HELD MORTGAGE OR TRUST DEED NOW!

With the recent collapse sub-prime loan market, and the current credit crunch many prospective homebuyers are finding it hard to obtain the mortgage loans they need. During the natural downs of the real estate market, like what we are facing now, owner financing of real estate sales, is a very popular way for homeowners to sell their properties. If you have recently sold your property-using seller financing, also called taking back paper, then you are currently holding a mortgage note or deed ...