KiloGold

Clopton Capital’s Take on Why Commercial Loan Rates will Rise while Benchmark Rates Remain Flat
According to Clopton Capital, commercial loan rates will rise in the near future. This prediction is based on several fundamental truths that are confronting the commercial real estate market and this rise will take place while benchmark rates remain little changed.Chicago, IL (PRWEB) July 15, 2011 The following is a prediction based on the opinions of Jake Clopton of Clopton Capital, a …

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Real Estate News: Mortgage Rates Decline on Weak Jobs Data
Here is a look at real-estate news in todays WSJ:

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Retailers’ credit cards offer incentives but can also pack high interest rates
Retailer rewards cards are getting a whole lot more rewarding lately, with some offering 5 percent cash back on your purchases along with other goodies.

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Education funding, college costs, electric rates, car buying, jobs
Education funding

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3 PSU banks raise lending rates by up to 50 bps
3 PSU banks raise lending rates by up to 50 bps3 PSU banks raise lending rates by up to 50 bps

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Fitch Rates MaineGeneral Health (ME) Revs ‘BBB-’; Outlook Stable
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BBB-’ rating to the following Maine Health and Higher Education Facilities Authority bonds issued on behalf of MaineGeneral Medical Center (MaineGeneral Health): –$285.4 million revenue bonds, series 2011. The bonds are expected to price the week of July 25 via negotiation. Fitch was not asked to rate an additional $50 million in …

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News In Brief: California bond rating, JPMorgan Chase, mortgage rates
One of the nation’s leading bond-rating agencies has upgraded its outlook for California’s finances.

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Fitch Rates Grand Prairie ISD (TX) Series 2011 ULT Bonds ‘AAA’ PSF; ‘AA’ Underlying; Outlook Stable
NEW YORK–(BUSINESS WIRE)–Fitch rates the following Grand Prairie Independent School District, Texas’ (the district) unlimited tax (ULT) bonds: –$45 million school building bonds, series 2011 ‘AAA’. The rating is based on a guaranty provided by the Texas Permanent School Fund (PSF; Insurer Financial Strength rated ‘AAA’ by Fitch). In addition, Fitch assigns an underlying ‘AA’ rating to the …

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Rates on 30-year Fixed Mortgage Rises
WASHINGTON (AP) — Fixed mortgage rates rose this week by the most in four months. Freddie Mac says the average rate on the 30-year loan increased to 4.60 percent, up from 4.51 percent a week ago. It hit its lowest level of the year three weeks ago, at 4.49 percent.

Read more on KMIR 6 Palm Springs

Mortgage Rates Drop, Refinance Mortgages
Fixed mortgage rates update – If you are buying a house or refinancing your mortgage, the sirenSecret song emanating from your local bank branch can be mighty tempting.

Read more on The Cleburne News