London Inter Bank Offered Rate, LIBOR
LIBOR, London Inter Bank Offered Rate, is the base interest rate paid on deposits between banks in the Eurodollar market. A Eurodollar is a dollar deposited in a bank in a country where the currency is not the dollar. The Eurodollar market has been around for over 40 years and is a major component of the International financial market. London is the center of the Euromarket in terms of volume. The LIBOR rate quoted in the Wall Street Journal is an average of rate quotes from five major banks. LIBOR is currently being used by both Fannie Mae and Freddie Mac as an index on the loans they purchase.
We Offer Commercial Loans
When you begin a business in San Antonio or move your existing business to San Antonio you will need a new commercial loan for the building in which the business is conducted. At Adkins Financial Group, our mortgage brokers are skilled in the area of commercial loans. It is important to analyze your savings prior to discussing the various commercial loan programs we offer. We can help explain the different commercial loan programs to you and also assist you in evaluating your savings. Contact Adkins Financial Group today to discuss the needs of your business and we will be happy to help you get the commercial loan you need
San Antonio Real Estate Information
At Adkins Financial Group we offer real estate information in San Antonio and many nearby cities. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 210.821.5626
