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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 29, 1983
Page
25
Foreclosed homes offer bargains with proper knowledge of pre-foreclosure and foreclosure steps. Buyers can leverage early contact with borrowers, beware title issues, and use binder agreements, cash bids, and lender financing to secure properties often with low down payments and favorable terms.
Deak-Perera introduces a credit card sized calculator with a rate key to enter exchange rates and local foreign keys to display either dollars or local currency. Priced at 19.95, it helps tourists and businessmen quickly compute costs across currencies for items and travel expenses.
The schedule lists Commerce Department and Federal agencies releasing July trade, factory orders, savings, and inventories. mid August agricultural prices. July construction spending. weekly unemployment benefits. August unemployment. money supply for week ending Aug 24.
New York figures from AP via Telerate Systems Inc include Prime Rate at 11 percent and Discount Rate at 8 and 3/4 percent. Broker call loans run 10.37 to 10.50 percent with various ranges for commercial paper, bankers accepts, certificates of deposit, and Treasury bills. Rates reflect August data for thrifts and commerce banks with values around 9.2 to 9.8 percent across instruments.
An open house event invites individuals and corporations to meet Perpetual Investment Associates and Perpetual Investment Advisors, independents affiliated with Perpetual Savings, touted as the area's oldest savings association since 1875.
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