Source: CNN Money
The Fed poured $41 billion into the United States financial system to keep operations in the financial markets running smoothly. The infusion came after the Fed issued another interest rate cut, the second in just six weeks in response to the collapsing housing market. The Fed cut a 1/4 point from the federal [...]
Author Archives: National Commercial Funding
Fed Makes Huge Cash Infusion
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Commercial Market to Correct in 2008
Source: Pacific Business Journal (Honolulu)
Many experts in the commercial real estate sector are predicting slowing in 2008 that will correct the commercial market. The slowing has been called a “healthy correction”. Long-term investors will most likely not be affected by the slowing in 2008 but it will affect short-term investors and those who have over [...]
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Commercial Construction Surprisingly Growing
Source: St. Louis Business Journal
The Chief Economist for the Associated General Contractors of America, Ken Simonson, has looked at statistics from the United States Bureau of Labor and Statistics and says that construction jobs have been growing during the past year. Despite the housing market crumble, nonresidential construction jobs have increased by nearly 42,000 jobs [...]
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Survey Says, Real Estate Still Good Investment
Source: Birmingham Business Journal
A recent survey conducted by Washington-based Guidant Financial Group revealed that among self-directed IRA holders real estate is still the #1 consideration for investment. The survey asked 1,000
IRA holders, all self directed investors and 65% indicated that they are considering real estate as the top sector to grow their fund. This comes [...]
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Fed Bank President Cautions Investors
Source: Bloomberg News
Four Fed Bank Presidents let investors know not to count on another Fed interest rate cut in October. Many have already criticized the Fed for the ½ point cut on September 18th as bailing out investors. Now Fed Bank Presidents are warning investors not to count on another decrease. The Federal [...]
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Fed Cuts Rates for First Time in 4 Years
Source: Bloomberg News
For the first rate cut since 2003 the Fed cut interest rates of the central bank to 4.75. The _ point cut was higher than expected. Although most speculated a cut of _ or _ point, the selection of the latter came as a surprise to many. Some criticized the cut as bailing [...]
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Credit Crunch Fogs Commercial Forecast
Source: Tampa Bay Business Journal
Since the residential housing market peaked in 2005, current turmoil in the housing market has made the commercial market a little hazy. Many are holding on to land investments for a few years until the market increases in activity. Apartment land is still is demand and popular. Demand is lower now [...]
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Optimism Despite Credit Market Turmoil
Source: Dallas Business Journal
Although a lot of attention is currently focused on decline in the housing market, credit market turmoil and slowing in the economy not all sectors are declining. Surveys from the Federal Reserve Bank in Dallas indicate that few outside of the housing market and lending market feel the pressures and volatility that [...]
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Is the Fed Cutting More Than Just Rates?
SOURCE: “The Economist”
The question was recently posed in ‘The Economist”; does the Fed’s recent interest rate cut mean a looser monetary policy? For those who missed it, the Fed lowered the discount interest rates from 6.25% to 5.75%. The discount rate is the rate at which banks can borrow from the Fed if they [...]
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Lending to Latin American Businesses Encouraged
SOURCE: Buffalo Business First
A new program is being launched to encourage U.S. banks and commercial lenders to lend to businesses in Latin America. The U.S. Treasury Secretary Henry Paulson Jr. announced the program as a way to show support for neighboring countries and strengthen the region economically.
Latin American businesses suffer from difficulties in securing forms [...]
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