I hope your 2008 is doing well for you. Remember it will be, what you make of it.
Quote: “Resolved, to live with all my might, while I do live.” Jonathan Edward’s 1703-1758
Fed lowers the Fed Funds Rate by .75% 
This is very goodLook at this 3yr comparison chart, comparing 30yr to Fed Funds Rate. Keep in mind, mortgage rates aren’t tied to the Fed Funds rate, they are affected by the 10yr T-Bond. As you can see, from mid 2006 to mid 2007 there was a span where mortgage rates dipped but the Fed Funds Rate remained flat. The purpose of the drop in the Fed Rate is to stimulate the economy. To try to get money flowing from banks to consumers and back out to the market. So if you haven’t went out on a spending spree, you aren’t doing what your are suppose to. The problem is most people are trying to be cautious now, most have heard the woes of overspending. So, in my opinion, play it safe, be frugal this year. .Be frugal with your spending, avoid buying frivolous items, and also frugal on your fixed expenses, ie: your mortgage. With rates as low as they are, I hope you call me to analyze your mortgage, to see if a refinance can save you some money. We don’t have these windows of opportunity very often. In fact look at the chart, in 2005 we had a window of opportunity, and look how fast and and high rates rose. Even in the spring of 2007 look at the spike in rates [per the chart]. Saving money on your mortgage is the biggest way to save money. I look forward to your call or email.The Transfer of Power - Remember in 1992, after the real estate market dropped, that was another time such as this time. Where massive amounts of real estate were bought up by new real estate investors. We are in a similar time. Good deals, great rates. Don’t miss the boat. If you want to purchase investment property, call me, I may be able to find you a good deal, as I have access to foreclosure lists, and I can certainly provide you with a nice low fixed rate. Fixed rates are perfect for investment properties whether for commercial or residential. Having a fixed expense is good, knowing that rents can increase, that just puts more money in your pocket in the future, provided you have a fixed rate. Having an adjustable rate on an investment property is a fast way to to go upside down regarding expense to income. I look forward to helping you enter this exciting market as a Real Estate Investor.
HARD MONEY LOAN: These loans are great for if you have bad credit. Because with a regular refi, the lender normally will require that all derog credit is paid from the loan proceeds. So if you have $20,000 in collections, there isn’t a way to get the creditor to discount the balance payoff if they know the funds are coming from a refinance, because they know they have leverage and will refuse to discount, forcing you to pay full payoff price. Whereas with a hard money loan, the debts many times don’t have to be paid at close, thus allowing you the flexibility to have CreditCleaners.net negotiate your debts after your loan has funded. An example of a hard money loan payment for a $50,000 loan is $500. That doesn’t look that bad, because $50,000 in high interest credit card payments would total about $1,000 to $1,200. If you need money to pay off bad credit, call us, our hard money loans are pretty good.
REHAB - PURCHASE A FIXER: We still have investor rehab loans, for fixing and flipping. So if you want to make money in Rehabs, call us for the financing. We look forward to helping you in this exciting market.
FIRST TIME HOME BUYER: We still have 100% financing programs, with less than perfect credit and low down payment programs stated income buyers. There are some really good deals on homes right now, with very affordable prices.
INVESTMENT IN MORTGAGES: Also if you have small chunks of money laying around in low interest accounts I arrange private investor mortgages which allow the investor a 10-12% return on his/her money. Sometimes our borrowers have good credit but just don’t fit within normal underwriting guidelines. So I match up an investor with $30,000 to 100,000 to fund the loan. The investor receives a monthly payment from the borrower of 10-12% and the borrower is happy to have the use of the money to solve whatever problems. As long as there is a good 30-50% equity, the investor is pretty safe. if you have questions, call or email me. I can explain the details. Investors are provided full disclosure of investment risk and opportunities.
Need help with…Credit Problems?
If you have late payments, paid or unpaid collections, charge-offs, bankruptcy or repossession, you may need the help of a good credit-cleaning program. Try http://www.creditcleaners.net/ this service can clean or correct credit problems, remove lates and raise FICO scores. It can even fix problems caused by a Bankruptcy. Call me for details.
If you have any questions regarding purchasing, refinancing or investing in Real Estate just give me a call or send me an email. I look forward to offering you candid advice with facts and figures, to help you feel confident when you make your Real Estate Finance related decisions.