June 2023 Market Insights
Published: 06/15/2023
Markets have been strong as of late amidst the release of a stronger-than- expected jobs report, as well as news that a debt ceiling agreement had passed in the Senate. The Labor Department revealed that 339,000 jobs were added to the economy, and the unemployment rate rose to 3.7%. The debt ceiling agreement suspends the debt limit until 2025 ? but restricts some government spending and ends the freeze on student loan payments. The debt ceiling is often viewed through the lens of political brinksmanship; this time, it was notably close.
How To Get a Business Real Estate Loan
Published: 06/05/2023
Unlike residential loans, a commercial real estate loan, along with a small business loan, can be used to buy property for business purposes. Business owners must evaluate a variety of methods and requirements to obtain a loan.
May 2023 Market Insights
Published: 05/09/2023
Despite headlines of doom and gloom during the first quarter of 2023, stock indices at home and abroad recovered from losses last year, and bond yields retreated from recent highs. The big news was, of course, bank failures and regulatory intervention. The collapse of Silicon Valley Bank was the largest bank failure since Washington Mutual in 2008. Overseas, the Swiss government orchestrated a ?rescue? acquisition of Credit Suisse, which is now part of UBS. Rising interest rates intended to tame inflation have exposed vulnerability in some bank balance sheets. The question moving forward is: how does this all change the Federal Reserve?s interest rate path?
Idaho Trust Bank receives Superior 5-Star Rating from BauerFinancial
Published: 05/01/2023
Idaho Trust Bank has once again been awarded a Superior 5-Star rating from BauerFinancial. This prestigious award indicates that Idaho Trust Bank is among the strongest financial institutions in the United States and is recommended by BauerFinancial.
Is Business Loan Interest Tax Deductible?
Published: 04/14/2023
Business loan interest can be tax deductible, but only in certain circumstances. Read on to learn more about different loan and financing options and the instances in which you can or cannot deduct loan interest.