Hotel occupancy is one of several industry specific indicators I follow … From HotelNewsNow.com: STR: Chain scales report weekly increases Overall, the industry’s occupancy increased 10.6% to 60.1%, ADR rose 2.4% to US$96.50, and revenue per available room increased 13.2% to US$57.98. The following graph shows the four week moving…
What are we in business to do? Sure, make a living. But for me, that’s not nearly good enough. I need something more. And the thing that’s always kept me inspired are emails like the one I got this morning from a client named Jasmine Krnjetin with Silverton Mortgage…
Here is a graph from the Council of Foreign Relations blog: Greek Debt Crisis – Apocalypse Later Click on graph for larger image in new window. This graph from Paul Swartz at the CFR shows the default probabilities on three different dates: On April 30th, no European plan was yet…
The summertime swoon in U.S. mortgage rates continues this week, with averages for home loans falling to yet another record low. Click to enlarge Rates began to inch downwards in June, falling 0.37 of a percentage point in 11 weeks in which the 30-year average either set or met…
What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. 401(k) profit sharing 2. Online job application tips 3. Illness and challenges 4. College freshman advice 5. Mortgage decisions 6.…
From the NAR: Pending Home Sales Rise The Pending Home Sales Index … rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1. The data reflects contracts and not closings, which…
How much credit do you really have?
Figuring out how much credit you are using is key to keeping your credit score high.
Read more on Bankrate.com via Yahoo! Finance
Mumbo Report: TV ad of the month revealed and most played TVCs of the week
In today’s Mumbo Report…
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The fiasco that sank millions of Americans, including one journalist, who thought he knew better. A veteran New York Times economics reporter, Ed Andrews was intimately aware of the dangers posed by easy mortgages…
Prospect Capital Announces 12.3% Year-Over-Year Increase in Net Investment Income for Fiscal Year Ended June 30, 2010 …
NEW YORK, NY–(Marketwire – August 30, 2010) – Prospect Capital Corporation ( NASDAQ : PSEC ) (“Company” or “Prospect”) today announced financial results for our fourth fiscal quarter and fiscal year…
Note: The number of filings is volatile month to month – and August is frequently a bit lower than July. From the American Bankruptcy Institute: August Consumer Bankruptcy Filings fall 8 Percent this Month The 127,028 consumer bankruptcies filed in August represented a 8 percent decrease nationwide over the 137,698…