Category Archives: Banking

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Regional and Community Banks Are Main Lenders in REALTOR Commercial Markets

CRE sales volume continued its positive trend in 2015, with $534 billion in closed transactions, compared with $432 billion in 2014, based on data from Real Capital Analytics (RCA).  In contrast to the large commercial transactions reported by RCA, commercial REALTORS® managed transactions averaging $1.8 million per deal, frequently located in secondary and tertiary markets, […]

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How to Create a Cash Stash for Unexpected Expenses

Photo: Jakub Krechowicz/Fotolia.com (StatePoint) April is Financial Literacy Month, a time dedicated to teaching Americans how to establish and maintain good financial habits. The month provides a good opportunity to assess whether you have a solid plan in place to support your financial goals — and that means planning for emergency expenses, too. The best […]

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How To Obtain A Zero Percent Mortgage To Live For Free

Everybody with a ARM needs to refinance now. It seems like banks are manipulating LIBOR again, the main index Adjustable Rate Mortgages are tied to. Given the Fed raised rates in December 2015 by only 25 basis points, it is difficult to accept why LIBOR rates have risen by ~60 basis points. Since that time, the US stock market has corrected by […]

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The Feds in a bind

Reprinted from GoldMoney.com One can understand the Fed’s frustration over the failure of its interest rate policy, and its desire to escape the zero bound. However, since the FOMC has all but said it will increase rates at its December meeting, events have turned against this course of action. The other major central banks are […]

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The Interest Rate Post

Twenty plus years ago, just as I was getting into the real estate business, interest rates sat at 7.5 percent. And they were on their way up. By the end of 1994, they hit 9.5 percent. Even as the market started to get hot, in the early 2000’s, borrowers were still looking at about 8 percent […]

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Green Bank CD Rate Promotion

The majority of CD rates around the country have showed little to no change after the Federal Reserve boosted the fed funds rate in mid-December but, that’s not the case with the rates offered by Green Bank based in Houston, Texas.  While the recent rate increase by the Fed has had little impact on bank […]

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MICROCAPITAL BRIEF: European Investment Bank (EIB) Loans $11m to Banco Ademi for On-Lending to MSMEs in Dominican Republic; $139m to Caribbean Governments for Climate Finance, Energy Projects

The European Investment Bank (EIB), the long-term lending institution of the European Union (EU), recently has pledged to loan EUR 10 million (USD 10.8 million) to Banco Ademi, a banking institution in the Dominican Republic, for on-lending to micro-, small and medium-sized enterprises (MSMEs) in the country. Banco Ademi, which has partnered with US-based nonprofit […]

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Many Vietnamese banks change top officials

Changing top managers was a highlight of Vietnamese banks in 2015. On December 11, the National Commercial Bank (NCB) announced that it would appoint Mr. Dao Trong Khanh as the General Director, replacing Ms. Tran Hai Anh. Khanh was previously Vice Chairman of the Maritime Joint Stock Bank (Maritime Bank). Earlier, in October, Mr. Ta […]

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Republicans Are Revolutionaries, Not Conservatives: A Response to ThomasSchaller

Rep. Paul Ryan (R-WI) waves as he comes off the stage with his family during a 2012 presidential campaign event in Reno, Nevada. (AP Photo/Mary Altaffer) There is much to commend in Thomas Schaller’s recent piece describing the built-in structural advantages that the Republican Party enjoys in the American electoral system. Some analysts believe this advantage […]