The “flight to quality” continued yesterday (Wednesday) as investors pushed up the price of Treasuries on fears the U.S. Federal Reserve’s drastic rate cut means the economy’s woes are far from over. But while Treasury prices hit record highs, concerns surfaced among analysts about how much farther the rally can go considering the implied message [...]
Tags: benchmark, Fed, Federal Reserve, Financial, Fuels, Interest, Interest Policy, interest rates, investors, lenders, MSNBC, policy, prices, Reuters, short-term, Treasury
Posted May 26, 2010 by ][-NooM-][ under Benchmark Lending, More Financial
Beth Phillips, United States Attorney for the Western District of Missouri, announced that a Lee’s Summit, Missouri man and a Grain Valley, Missouri man pleaded guilty in federal court today to charges related to a $23 million mortgage fraud scheme that involved 350 residential properties, including inner-city properties. “This is among the largest mortgage fraud [...]
Tags: federal prison, Financial Crisis, fraud scheme, Mortgage Fraud, profit, property, Real Estate, residential, short-term, Western District
Posted April 25, 2010 by ][-NooM-][ under More Financial, More Real Estate
India Inc said a 25 basis point hike in short-term lending rate by RBI will put pressure on interest rates though it may not result in an immediate hike. “The 25 basis point hike in repo (rate at which it lends to banks) would certainly put pressure on interest rates. However, given the situation we [...]
Tags: apex bank, business, CRR, interest rates, investments, lending rate, PHDCCI, prevailing situation, RBI, short-term
Posted April 25, 2010 by ][-NooM-][ under Benchmark Lending
The first stage of hike in lending rates has begun, with banks starting to raise interest rates on short-term loans for corporates. They generally lend to potential customers, primarily corporate clients, at much lower rates below their benchmark prime lending rate (PLR), which is often termed as sub-PLR rates. Corporation Bank, for instance, has started [...]
Tags: Banks, Benchmark Lending, Benchmark Prime, Corporation Bank, interest rates, Lending rates, loans, PLR rates, raise, savings accounts, short-term
Posted April 24, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
Come April, the entire credit market could see a marked change. For starters, farm loans will be extended at a bank”s base rate. In addition, the market for short-term loans will shrink. Unlike now, when banks are offering less-than-a-year loans at 6-7 per cent, the lenders will not have the freedom to lend below the [...]
Tags: Bankers, base rate, Benchmark Lending, credit market, ICICI, lending, loans, most banks, National Bank, Reserve Bank, short-term
Posted February 18, 2010 by ][-NooM-][ under Benchmark Lending, More Bank
last night, the central bank announced that from June 5 yuan from financial institutions to raise the deposit reserve ratio by 0.5 percentage points. From May 19 yuan from financial institutions raised benchmark deposit and lending interest rates. Analysis of Shanghai researcher points out that this is the last 10 years the first time also [...]
Tags: benchmark deposit, Benchmark Lending, Central Bank, deposit reserve, estate loans, financial institutions, Foreign Exchange, interest rate, lending rate, long-term, Real Estate, short-term
Posted December 31, 2009 by ][-NooM-][ under Benchmark Lending, More Real Estate
The economic uncertainty of the past twelve months has resulted in considerable changes to patterns within overseas property investment. Whereas the past decade was characterised by short term – high yield investment,?? the majority of investors now look for long term stability and sustainable growth. In short, investors are now looking for destinations which offer [...]
Tags: economic fundamentals, investments, long-term, overseas property, popular resort, short-term
Posted August 3, 2009 by ][-NooM-][ under More Property
