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Fayette is looking at a higher interest rate on loan
Fayette Controller Sean Lally informed commissioners Tuesday the county will pay a greater interest rate than originally anticipated on the loan for a new software accounting program, however the total cost will come in at $2,000 less within the life of the loan. Commissioners in April voted 2-0, with Angela Zimmerlink dissenting, to lease the $363,200 program, plus $98,000 price of upgrades to existing computers, through Michigan-based ” new world ” Systems. A company that actually works with New World, Harrisburg-based Capitol Innovations, at that time indicated it could...
read moreHome loans down by 2.5% in May
Latest figures in regards to the UK property market show home loans fell 2.5% recently to 50,525, as banks scaled back on lending because of pressures in the eurozone. The figures, published within the e.surv chartered surveyors’ Mortgage Monitor, reveal that first-time buyers were particularly hit, using the number of loans for sale on typical first-buyer properties – worth as much as £125,000 – falling towards the lowest level since July this past year. Last month, there were just 11,307 loans of these types of properties, down from 11,919 in April. The continued...
read moreFixed interest rates are lower than ever before in euro era
The decline in long-term rates of interest on home loans has pushed even the fixed interest rates for an exceptionally low level. The major Finnish banks are providing a fixed interest rate of right down to 2.5 percent for a 5-year housing loan, indicates market research conducted by Helsingin Sanomat. On Friday, the ten-year fixed rate of interest was between 2.7 and three.3 per cent. The quotations varied based on the interest rate margins banks collect from their clients. The loan period and also the size of the loan also provide some effect on rate of interest levels. A fixed rate of...
read moreHome loan gimmicks at Money Expo
The fair began yesterday and runs for four days. No-interest mortgages can be found at several booths, with rival firms competing to give the longest period at zero interest. Included in a promotion, Kasikornbank (KBank) has extended its zero-rate period towards the first 12 months, up in the usual first nine months. Krung Thai Bank, Thanachart Bank and Government Savings Bank pitch zero interest for nine months, while Siam Commercial Bank (SCB) and also the Government Housing Bank allow 6 months. Bank of Ayudhya is pitching 3 months interest-free, and Bangkok Bank provides a 0.9%...
read moreUnfair tax break has some up in arms
TAMPA – Florida voters desired to provide veterans from your state with an extra benefit, so that they passed Amendment 7 in 2006. It provides one more discount on property tax for veterans wounded in combat and permanently disabled. FOX 13 learned few within the Bay area have taken benefit of this benefit. Actually, in 2011 just 41 folks Pinellas County received those with disability Veterans’ Property Tax Discount. In other counties, the amount was even smaller. Just 25 in Hillsborough County received the discount, Sarasota County was without any vets who received the help...
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