A new record low was established for the one-year adjustable-rate mortgage this week. While the news wasn’t so good for fixed mortgage rates, fixed rates are positioned to fall in next week’s report. The discount for a 15-year loan has increased over the past seven days. View full post on Mortgage Stories
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1-Year ARM Falls to Record Low
August 10th, 2012 
davidguide 
Posted in Business Loans 
Tags: adjustable rate mortgage, ARM, falls, fixed mortgage rates, Loan, Low, news, post, seven days, year adjustable rate mortgage 
Comments OffRecord Mortgage Rates Poised for Another New Low
May 18th, 2012 davidguide The good news is that fixed mortgage rates fell to the lowest levels on record and are already on their way to setting another new low — with a sub-3 percent rate in site for the 15-year mortgage. The bad news is that the stock market is on its way to the lowest point this [...]
Posted in Business Loans Tags: fixed mortgage rates, Fixed-rate, freddie mac, Low, news, percent, Rates, site, stock market, sub, year mortgage Comments OffOffice Loans Drive Up CMBS Defaults
April 28th, 2012 davidguide With commercial real estate loans on office properties leading the way, quarterly defaults on securitized commercial mortgages increased during the first-three months of 2012. But the good news is that performance for all of this year is expected to be in line with 2011. Cumulative defaults on commercial mortgage-backed securities were 12.96 percent during the [...]
Posted in Business Loans Tags: CMBS, commercial mortgage backed securities, commercial mortgages, Cumulative, Drive, first three months, mortgage backed securities, news, percent, post, real estate loans Comments OffGetting an Auto Loan Even With Bad Credit
June 21st, 2011 davidguide It is easy for people with bad credit to be misled by various crazy offers on the internet. Some promise an auto loan at unbelievable rates only to find out that they were just out there to con you. Finding a good legitimate auto loan online is not difficult but you are not going to [...]
Posted in Business Loans Tags: credit, high interest rates, lending, living in america, Marketing, marketing campaigns, news, person, predatory lending practices, promise, unbelievable rates Comments OffExchange cancels unusual trade in Apple shares
May 4th, 2011 davidguide LOS ANGELES (MarketWatch) — An exchange has canceled a single trade executed in Apple Inc. shares Wednesday as it violated its erroneous trade policy, according to a spokesperson at the exchange. One trade of 100 shares was executed at $321.87 during the regular session, and later canceled by BATS, an electronic exchange based in Kansas. [...]
Posted in Business Structures Tags: Apple, electronic exchange, Inc., market pulse, news, rapid fire, short news, spokesperson, Statement, Trade, trading session Comments OffCapital One shares up 6%, extend gains for year
April 21st, 2011 davidguide SAN FRANCISCO (MarketWatch) — Capital One Financial shot up 6% to $53.53 in early afternoon trades Thursday after the credit-card issuer outpaced Wall Street’s profit and sales targets for the first quarter. Capital One shares have been on a tear, rising 25% so far in 2011, outpacing most other financial-services stocks, such as rival American [...]
Posted in Business Structures Tags: afternoon, capital one, capital one financial, credit card issuer, credit-card, Financial, news, Profit, sales targets, SPDR, spdr etf Comments OffTruck-maker shares climb after Paccar results
April 19th, 2011 davidguide NEW YORK (MarketWatch) — The stocks of truck manufacturers rallied Tuesday after Paccar Inc. nearly tripled its first-quarter profit on the back of strong European and North American demand. Shares of Paccar rose almost 5%, while U.S.-listed shares of rival Volvo AB climbed 4.5% and Navistar International Corp. edged up 3%. Truck-engine builder Cummins Inc. [...]
Posted in Business Structures Tags: builder, climb, cummins inc, Navistar, navistar international, navistar international corp, news, paccar inc, Profit, Truck, volvo ab Comments OffSouthwest grounds 81 jets for safety checks
April 2nd, 2011 davidguide SAN FRANCISCO (MarketWatch) — Southwest Airlines saod Saturday that it has grounded 81 Boeing 737-300s for safety inspection after piece of the fuselage on a 737-300 ripped open on Friday afternoon shortly after taking off from Phoenix en route to Sacramento, Calif. The plane was able to land safely at a military base at Yuma, [...]
Posted in Business Structures Tags: afternoon, cabin, inspection, metal fatigue, news, safety checks, saod, southwest airlines, tplane, yuma ariz Comments OffTexas Banks are M&A Targets
February 25th, 2011 davidguide Dallas-based Comerica Inc. announced plans to acquire Houston-based Sterling Bancshares. In the news release, Comerica said, “The strategic acquisition accelerates Comerica’s growth in Texas and maintains Comerica’s capital strength.” A Mergermarket Group report said other Texas banks might be inclined to follow Sterling’s lead, citing lack of growth which increases pressure to sell. View full [...]
Posted in Business Loans Tags: Bancshares, capital strength, comerica, comerica inc, Inc., Lead, news, post, sterling bancshares, strength, texas banks Comments OffFitch downgrades Greece rating to junk status
January 14th, 2011 davidguide LONDON (MarketWatch) — Fitch Ratings on Friday downgraded Greece’s credit rating to BB-plus from BBB-minus. The cut puts Greece’s credit rating in junk territory. The agency said the outlook for the rating is negative, which means the rating could be cut further in the future. Although Greece’s economic and fiscal performance has exceeded expectations in [...]
Posted in Business Structures Tags: agency, debt, debt sustainability, fiscal performance, fiscal solvency, international monetary fund, negative outlook, news, outlook, status, territory Comments Off
