Posted by Moishe Alexander Benchmark bank-to-bank dollar funding costs set another record low on Wednesday while sterling rates edged lower on the firm view that central banks will keep extraordinary fiscal stimulus measures in place well into 2010. London interbank offered rates for three-month dollars fell to the lowest level ever at 0.26906 percent USD3MFSR= while equivalent sterling rates edged down to 0.61250 percent GBP3MFSR= from...
Moishe Alexander Lending Blog
Learning about the Lending Process
The process of getting a loan can be fraught with danger. Fraud and scams can be avoided by due diligence and learning. But the lending process can be a positive experience and can help people achieve their dreams. My wish is that this site will help you past the hiccups and pitfalls to a place where getting a loan will be a happy experience.
Archive for Bridge Loan
Moishe Alexander lending tutorial: Bridge loans are often used to buy a home either as an investment or to live in. They are advantageous when your credit is good but you have little cash on hand and expect to have cash soon. Unfortunately, there are pitfalls when using a bridge loans for your financing. It is important to understand what these loans are and their potential dangers. What is a bridge loan again? A bridge loan is a...