Interesting Tidbits October 2nd, 2012

A link to web article about one of the best business books I’ve read in years. http://www.businessinsider.com/jack-dorsey-square-red-book-2012-10

Home prices nationally have risen at about an 8% seasonally adjusted annual rate over the past 6 months. That looks likely to continue, as this past week, 30Y fixed rate mortgage loans fell to a new all-time low of 3.40%.

Bloomberg reports auto loan rates have hit the lowest levels since data was collected in 1971, adding support to industry sales.

Bloomberg reports Reis analysis finds U.S. office vacancies have fallen to 17.1% nationwide, their lowest level in about 3Ys and down from 17.4% 1Y ago. Low new building construction activity and high demand from energy and technology companies have been strong drivers.

Bank of America is offering to write off 150,000 delinquent second liens for certain “in need” borrowers, as part of its national settlement agreement.

Finally, Check out these margins!!! Incredible!  http://www.businessinsider.com/20-products-with-giant-markups-2012-10?op=1

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Branch Manager that has worked in the small to medium sized business lending field. I have experience in all types commercial lending and I'm here to provide insights from a lender's point of view. I hope to impart some knowledge that can take your business or profession to the next level. I currently work as a Branch Manager at the 10th & Bannock Office for Banner Bank in Boise, Idaho.

Posted in Advice, Auto Loans, Business, Cash Flow, Checklist Manifesto, Consumer, Economy, Home Prices, Money, Mortgage Rates, Real Estate, Shopping

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