2 April 2020 | 5 replies
If the fed/treasury are successful with turning around the US economy with stimulus they might then have to deal with an inflation problem which could make PRIME rate pretty scary.
22 April 2020 | 9 replies
@Jaysson Brooks@Chris LevarekHere are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
10 April 2020 | 6 replies
Treasury bonds are typically considered the safest investment.
18 April 2020 | 44 replies
For the most part they just kept rolling the treasuries they were buying when they matured.
8 April 2020 | 12 replies
If you’re going to bother opening your massive casino/hotel you’re going to figure out how to get people here.
5 April 2020 | 5 replies
Since the Treasury Secretary said they looked at the fraud components of this program, I'm assuming there will be some sort of political litmus test as a part of this process.In regards to people overinflating numbers, this is a loan document and if they are lying, they are committing bank fraud, which I'm sure the criminals will be doing.
5 March 2020 | 4 replies
Fed is expected to lower rates at their March meeting. 10-year treasury is <1%, could even go lower, which will pull down mortgage rates with it.
7 March 2020 | 13 replies
I am expecting some huge promotions to get people in casinos while we are there.
10 March 2020 | 4 replies
I am buying a multiunit rental and the rate I am getting is “ the rate will be calculated 5 business days prior to closing and will be fixed for 5 years at a rate of 275 basis points over corresponding federal reserve statistical release H.15 five year treasury constants maturity with a floor of 4.5%.
17 March 2020 | 20 replies
Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.