Tag Archives: interest rates

Good News! Commercial Loans Available!

By Tom Fry | July 28, 2009

Until recently, commercial loans were pretty tough to come by. But I am happy to say, that now I am receiving emails looking for projects to lend on. That is certainly a sign of us pulling out of this recession. While job losses lag a recession econcomy by 6-8 months (meaning job losses continue for 6-8 [...]

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The Real Estate Market is Picking Up in Flower Mound

By Tom Fry | July 28, 2009

We are starting to see an increase in activity in the Flower Mound real estate market. More listings, more sales on the residential side and more leases on the commercial side. Loans are still hard to come by and take longer to process, but we are seeing more activity and that’s a great start to [...]

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Bank of England - Lowest Interest Rates Since King William III

By alexking | January 8, 2009

The Bank of England lowered their interest rate to 1.5%…lowest since 1694.

In a historic move, the Bank of England lowered their benchmark interest
rate by .50% to 1.5%.  Now get this - the benchmark rate has NEVER been this
low since King William III founded the central bank in 1694 to fund a war
against Louis XIV’s France.  [...]

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