The Benn Pacific Blog

Sort by Month: January 2010

Monday, January 11, 2010

Banks told to prepare for higher rates

Last week, for the first time since 1996, Federal Regulators warned Banks to check their portfolios and give themselves “stress tests” to ensure they can handle a rise in interest rates.  The guidance was meant as a reminder for the Banks to watch their risk exposure to higher rates but also confirms our thoughts that eventually (probably within the year) the Fed will begin a series of rate increases.  Most experts think that kind of action would not be likely until unemployment rates get under 9%.  We’ll see…

Read more at:  Link to article in Washington Post

Posted by Trevor Benn on January 11, 2010 at 07:46 AM
Real Estate News • (1) CommentsPermalink
Page 1 of 1

Buying a Home

For many, a real estate purchase may be the biggest purchase of their lives. As a result, the buying process can seem daunting and difficult…

Read our Steps to Buying

Selling a Home

Selling can sometimes seem like an overwhelming process, but with our help… it doesn’t have to be. With our expertise and strategies…

Read our Steps to Selling