As interest rates for mortgages, car loans and credit cards soar, American consumers are being forced to borrow their own money at exorbitant rates from the financial firms who access funds from the Fed at rates near zero. That’s another odious element of the trillion dollar Wall Street bailout, notes “Where’s Our Money?” – a blog [...]
Continue reading...Wednesday, April 14, 2010
The makers of the world-renowned Red Stripe lager and everyone’s favorite emissary of happiness, the Red Stripe Ambassador, are bringing some fun to one of the biggest days of the year, Tax Day, April 15th, with new Red Stripe Light. Red Stripe Light gives consumers just what they want in a light beer – easy-drinking, refreshing [...]
Continue reading...Wednesday, April 14, 2010
After Congress passed legislation last year reining in some of the worst credit card lending practices, many banks responded by hiking interest rates before the new rules went into effect, including on customers with perfect bill paying records. Now Consumers Union, the nonprofit publisher of Consumer Reports, is calling on the Federal Reserve Board to require [...]
Continue reading...Tuesday, April 13, 2010
A nationally-known real estate auction house is holding multiple auctions across four states in the Northeast during the next few weeks, offering a large portfolio of prime properties at great discounts. Max Spann Real Estate & Auction Co., one of the nation’s premier auction companies, is holding seven separate auctions in New Jersey, Pennsylvania, Delaware and [...]
Continue reading...Saturday, April 10, 2010
Mortgage rates increased for a third straight week, with the average conforming 30-year fixed mortgage rising to 5.35 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.47 discount and origination points. The average 15-year fixed mortgage hit a new high-water mark for 2010 at 4.69 percent and the [...]
Continue reading...Saturday, March 27, 2010
As traditional bank loans become scarce, more small business owners are turning to alternatives like business cash advances offered by BusinessCashAdvance.com. The company has provided an attractive option to a growing number of entrepreneurs seeking business loans in this tough economy. It expects this trend to continue as credit tightens even further. While many of BusinessCashAdvance.com’s [...]
Continue reading...Monday, March 22, 2010
Despite Adverse Conditions, Optimistic Investors Find Opportunities via Distressed Assets While declining values, debt maturity and tight credit access, and stalled construction may continue to plague commercial real estate in the United States for the remainder of 2010, economic indicators point towards the potential for economic recovery this year. For investors, this environment reveals a [...]
Continue reading...Saturday, March 13, 2010
Interest rates on new credit card offers rebounded this week, according to the CreditCards.com Weekly Credit Card Rate Report, after U.S. Bank raised rates on several of its card offers.
Continue reading...Sunday, March 7, 2010
If you’ve decided to buy a home and take advantage of the Extended Home Buyer Tax Credit, you’d better hurry – the April 30 deadline is approaching. To get the tax credit, consumers need to close their home purchase between November 7, 2009 and April 30, 2010, or have a binding written contract by April 30, [...]
Continue reading...Wednesday, March 3, 2010
The MIPIM 2010 conference programme will address the key issues facing international real estate today. MIPIM delegates will have access to leading specialists as they address the impact of national economic policies on real estate markets, how to integrate environmental criteria into buildings, the major architectural agendas for the future and investment opportunities in the [...]
Continue reading...Tuesday, March 2, 2010
Five years ago today, underwriters at Beazley USA Services Inc., a subsidiary of Beazley Group, one of the largest insurers in the Lloyd’s business market, bound their first professional liability policy on US soil. Beazley’s locally underwritten US business has since grown to more than $370 million in annual premiums and Beazley’s US underwriters [...]
Continue reading...Tuesday, February 23, 2010
Tranzon Integrated Property Group (”Tranzon”) has announced the closing of the Central Plaza Shopping Center, a 50,000 sq. ft. center on over 7 acres of land in North Branford, CT. During the short 5-week marketing period, Tranzon surfaced 230 interested bidders who self-qualified by filling out confidentiality agreements. From this group, 53 parties [...]
Continue reading...Saturday, February 20, 2010
Evidence of Economic Strength Continues; Real Estate Outlook Hopeful for 2010 Economic growth continues at a moderate pace as noted in the February 2010 Economic Outlook released today by Fannie Mae’s (NYSE: FNM) Economics & Mortgage Market Analysis Group. The labor market is improving gradually, with more than 500,000 household jobs created in January. The length [...]
Continue reading...Thursday, February 11, 2010
91% of mobile phone users go online to socialize compared to only 79% of traditional desktop users. Mobile phone users are 1.6 times more likely to manage finances compared to traditional desktop users (62% versus 39%). Mobile phone users are 1.4 times more likely than traditional desktop users to rally support for a cause (67% versus 47%). According [...]
Continue reading...Monday, February 8, 2010
For many snowbirds lured to Florida, the biggest attraction is not the presence of sunshine. It’s the absence of Florida estate taxes. Many snowbirds who own homes in both New York and Florida are changing their domicile to Florida according to Attorney Allan R. Lipman who is licensed both in New York and Florida. These not [...]
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Sunday, April 18, 2010
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