Homeowners who have resisted the urge to refinance their mortgages until now could be rewarded for their willpower. Mortgage rates have fallen to new lows—and banks are rolling out incentives to win business. Economic uncertainty in Europe and slow growth in the U.S. are prompting investors to pile into ultrasafe U.S. Treasurys. That, in turn, Read more about Refinancing[…]
Have you heard the one about houses being a sure-fire investment? Or the tip that you should close all your credit card accounts? Bad financial advice can circle the web faster than the latest e-mail scam from Nigeria, and some of it originates from personal finance gurus themselves (although their words are often twisted). Here Read more about 5 Financial Tips You Should Ignore[…]
When the financial crisis hit, many banks became tightfisted, and plenty of potential borrowers walked away empty-handed. But financial institutions have emerged from the recession stronger and ready to lend. “Credit is available. No question about it,” says James Chessen, chief economist for the American Bankers Association. “Banks are being careful because the economy is Read more about Get A Loan[…]
Getting commercial real estate loans approved is almost always complex and frequently difficult. Business borrowers need to realize that there are several situations with commercial real estate loans which can be especially difficult to get approved. Examples of eight difficult loan scenarios are described to illustrate two key points: (1) difficulties with commercial real estate Read more about Commercial Loans[…]
