Uncategorized Articles


California Bank & Trust Offers Fixed-Rates on SBA 504 Loans for Commercial Real Estate

California Bank & Trust is currently offering 25-year fixed-rates on commercial real estate loans qualifying for the Small Business Administration’s 504 program. The 25-year fixed-rate option allows small businesses to lock in long-term financing at the current historically low rates. The fixed-rate option is the latest addition to the small business loan options from California […]

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HUD Awards $149 Million to California for Neighborhood Stabilization

U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $149 million in funding to California communities struggling to reverse the effects of the foreclosure crisis. The grants represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local California communities acquire, redevelop or […]

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Our Favorite Cycles Expert Charles Nenner Says …

In a recent radio interview, our favorite cycles expert Charless Nenner made some bold forecasts we’d like to share: – gold cycles are bottoming, and we might see a rise to $2120 per ounce, but not much more – expect a low in the US Dollar in March and April of 2012, after which we will […]

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Credit Card Delinquency Rate Falls

TransUnion’s quarterly analysis of trends in the credit card industry shows that the national credit card delinquency rate decreased to 0.74 percent in the first quarter of 2011. Delinquency rate is the ratio of bankcard borrowers 90 days or more delinquent on one or more of their bank-issued credit cards. This delinquency rate is down […]

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Are Payday Loans Dead?

The landscape for Payday Loans and other small dollar-amount credit markets is changing, according to a report by the Mercator Advisory Group. At least once in your lifetime, you are likely to need more money than you have available. It may be for an emergency car repair, a major purchase, taxes or a bill that […]

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Council on Competitiveness Lauds Obama on Business Regulations

President & CEO of the Council on Competitiveness, Deborah L. Wince-Smith, had this to say about President Obama’s signing of an order that instructs federal agencies to look over select regulations that are straining American businesses:

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Goldman Sees 20% Stock Rise for 2011

Goldman Sachs economist Jim O’Neill recently forecast we might see a 20% rise in US stock prices in 2011 because of improving growth, falling unemployment and higher national consumer confidence. He currently forecasts a growth rate for the US economy of 3.4% in 2011 and 3.8% in 2012. O’Neill first coined the phrase “BRICs” for […]

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Muni Bonds Have Been Taking a Beating

A recent “60 minutes” show this weekend highlighted a problem with states being unable to close budget gaps and pay for expensive pension and medical liabilities. States and local municipalities are in debt by nearly $500 billion according to “60 Minutes.” Furthermore they face over $1 trillion in unfunded liabilities. What’s been the reaction to […]

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Burn Of 10% off Your Body Fat in the Next 30 Days

We Californians want higher interest rates for our savings, and to look fabulous, too. If you are like us, we’re sitting in front of the computer every day far too long. It seems we have put on some “unwanted pounds” scanning the internet for all these banking deals, investment information and credit cards we report on. We are […]

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California Mortgage Rates Hit 4.53%

Yesterday Zillow reported that California mortgage rates increased 1 basis point from 4.52% to 4.53% on average. This is up 3 basis points from last week’s rate of 4.50% for California mortgages. Statewide rates ranged from 4.23% to 4.75%. Currently, California mortgage rates are on average approximately 3 basis points higher than the national rate […]

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