Table of Contents Show more Show less There are an estimated 5.5 million small to medium-sized businesses in the UK and, according to the latest data from the British Business Bank, an increasing number are relying on borrowing. It found that the number of UK small business using external finance, such as loans, overdrafts or credit cards, increased from 41% in the Q1 of 2023, to 50% in Q3 as business cashflows came under pressure from rising costs. But sensible business financing can also support expansion, growth and investment for your business. We take a look at how to get…
Author: Private Lending Agent
The real estate industry is moving beyond just bricks and mortar by becoming more environmentally conscious and sustainable in the face of climate change and global warming. Whether commercial or residential, the real estate sector has sensed the growing demand for sustainable buildings and has prioritized the decarbonization of its portfolios. Characterized by resource-efficient operations and minimal carbon footprints, green commercial properties employ innovative architecture that integrates cutting-edge technology without compromising functionality and aesthetics. Properties that implement ESG practices to achieve sustainability not only reduce their environmental impact, but also improve the health and well-being of their occupants. Green commercial…
Money’s main takeaways: According to Money’s daily rate survey, yesterday’s average rate on a 30-year fixed-rate mortgage jumped to 7.668%, a decrease of 0.002 percentage points. According to Money’s daily rate survey, borrowers looking for a 30-year fixed-rate refinance loan found rates averaging 8.211%, down by 0.04 percentage points. Freddie Mac’s current rate for a 30-year fixed-rate mortgage is 6.86%, ticking down by 0.01 percentage points. Freddie Mac’s current rate for a 15-year fixed-rate mortgage increased to 6.16%, a slight change of 0.03 percentage points. Ads by Money. We may be compensated if you click this ad.Ad According to Freddie…
According to the Mortgage Bankers Association's Weekly Applications Survey, mortgage applications increased 0.8% in the week ending June 21, and the average interest rate for a 30-year fixed-rate mortgage fell to 7.04% from 7.12% the previous week. Refinance applications were flat compared to the previous week but up 26% compared to the same week a year ago. Purchase requests increased 1% compared to the previous week but were down 13% compared to the same week a year ago. “Mortgage rates fell across the board last week, with 30-year fixed rates dropping slightly to 6.93%, the lowest level in more than…
Becoming a real estate open house master is about more than just showing homes around. You also need to showcase your expertise, build relationships, and market effectively. Whether you're an experienced real estate agent or new to the industry, this comprehensive guide will help you host a successful open house and establish yourself as an expert in your local area. Choose the perfect property Start by choosing the perfect property for your open house. What area do you want to focus on? Where do you want to get your name and brand noticed? Choose a house:If you don't have your…
In this episode of “The Inside Look,” Senior Commercial Real Estate Economist Xander Snyder discusses what to expect from the CRE market as $1 trillion in outstanding loans mature over the next two years. For more insights from First American Title NCS, watch below and subscribe to the CRE Insider blog: Transcript: Hello, I'm Zander Snyder and this is First American's Inside Look. With over $1 trillion in commercial real estate loans coming due over the next two years, many are rightly wondering what borrowers will do when their loans come due and they need to refinance at higher interest…
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Purlin] Purlin offers a suite of AI tools that improve the efficiency of real estate transactions by facilitating communication and collaboration between real estate agents, clients, and settlement providers, and has also built an FHA compliance system for the real estate industry to address concerns about AI tools. The company's product portfolio includes: RealAITM is an AI for real estate agent websites that can have natural language conversations with visitors and customers in an agent's tone and demeanor about the real estate market,…
table of contents View more View more Given these challenges, investing in real estate can be a daunting task. Investors must carefully consider their risk tolerance, conduct due diligence on the type of property they should purchase, decide whether to invest in commercial or residential real estate, and allocate their capital. Understanding Commercial Real Estate Investing Commercial real estate (CRE) encompasses important market segments such as offices and industrial properties, including apartments, daycare centres, condominiums, cinemas, car parks, industrial floors, warehouses and retail spaces housing brands such as Big Bazaar and Croma. Real estate that is used specifically for business…
Kara Masterson Moving day can be a stressful and daunting experience for many homeowners. From packing all your belongings to coordinating with movers, there are a lot of little details to consider. But with the right tips and tricks, you can make the moving process go more smoothly and hassle-free. In this blog post, we will share with you 6 moving day tips that are definitely worth mentioning. Whether you are an experienced mover or a first-time mover, these tips will help make the moving process go smoothly. Start earlyAn important tip when planning a move is to start early.…
By the end of a career, the average person will have worked for approximately 13 consecutive years. Work takes up a lot of time and energy, and when it goes wrong, it can take a psychological toll, affecting employee productivity and engagement. Many studies have shown that mental health in the workplace is declining. Has remote work had a negative impact on employees and is it time to return to the workplace to strengthen social connections, receive in-person instruction, and reduce isolation? The answer may be yes, but employers also need to create a supportive and well-managed workplace. Gallup's annual…