Did the Fed's Powell just tap the brakes on mortgage rates? Don't bet on it

Did the Fed's Powell just tap the brakes on mortgage rates? Don't bet on it

On Monday, Mortgage News Daily had 30-year fixed-rate mortgages averaging 3.10% — way up from 2.86% on Friday Feb. 12, ahead of Presidents
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Software AG, SAP partner on industry 4.0 data

We examine the rise of the digital twin, the new leaders in industrial IoT (IIoT) and case studies that highlight the lessons learned from production IIoT
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Media Advisory – CMHC to release a new housing market insight

This HMI examines trends in existing home sales and prices during the COVID-19 pandemic … SOURCE Canada Mortgage and Housing Corporation.
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Banking roundup: M&T offers PTO for employees who want vaccine; KeyBank supports Riverline

In an early look at how major employees in Western New York will handle the vaccination process, M&T Bank announced it will offer paid time off to
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Movie about drug rehab's dark side sparks pushback, even as legislators seek sweeping changes

The movie is not a documentary but it is labeled as being based on actual events. However, this month, the rehab industry issued a strongly worded letter to … Public programs, she noted, must not only be licensed by the state and
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Survey Reveals Young Americans Prefer A Hybrid Digital and Human Banking Experience

Generational preferences in digital banking could be a result of younger Millennials and Gen Zers experiencing financial firsts—such as budgeting and
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Home sales soar in Atlanta and across the nation

The housing market has fought off the coronavirus pandemic with the aid of rock-bottom mortgage rates on home loans. The average rate on the
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Charts Showing What to Look for in Mboweni's South Africa Budget

Budget balance as a percentage of GDP · Median estimate in Bloomberg's January survey · Bloomberg's February survey · National Treasury forecast in
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Wells Fargo sells its asset-management unit for $2.1B

The bank will keep a 9.9% equity interest in the spun-off operation after the deal closes. Courtesy of Wells Fargo multimedia resources. Author. By. Dan
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Cavs vs Hawks | Rocket Mortgage Game Preview

Cavs vs Hawks | Rocket Mortgage Game Preview. Rocket Mortgage FieldHouse at 7:00PM (ET) | FSO | WTAM 1100, 100.7 WMMS, 89.1 WNZN. Cavs.
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Your data is a weapon that can help change corporate behavior

This is the web version of Eye on A.I., Fortune's weekly newsletter covering artificial intelligence and business. To get it delivered weekly to your in-box
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Social networks are finally competitive again

That, given all this new competition, Facebook should be allowed to purchase rival social networks in the future. That Facebook won't remain the world's
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FDIC: Bank Profits Dropped 36.5 Pct In 2020

U.S. bank profits fell 36.5 percent in 2020 compared to the previous year due to the large volume of money set aside to cover potential losses caused
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Meet the Innovator: 'Ultimately, Everyone Will Go to Electronic Delivery,' Predicted Banking …

Last year, banking disruptor Stephen Bohanon predicted that Alkami's next yearly milestone would be 10 million contracted users and $100 million in
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Dream Unlimited Corp. Reports Fourth Quarter Results

TORONTO–(BUSINESS WIRE)–Dream Unlimited Corp. … Our land and housing business in Western Canada has the highest presales of lots and
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Black Cleveland neighborhoods hardest hit by housing crisis left behind during 2020 home sales …

Save for University Circle, one of the hottest markets in the county where the median home price in 2020 was $233,500, many parts of the East Side saw
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US mortgage vendors scale back IPOs as housing market biffs a peak

A US IPO (Initial Public Offerings) market which analysts claim to be hovering at its strongest altitude in more than half a decade, has been giving a
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Bond-Market Revolt Endangers India's Fragile Economic Recovery

While Bloomberg News reported this month that the monetary authority … “Markets need to realize the importance of the huge borrowing program,”
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Bank of Canada Pledges Full Support to Protracted Jobs Recovery

Bank of Canada Governor Tiff Macklem indicated he plans to maintain plenty of stimulus in the economy well into a strong labor market recovery.
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Embassy Suites in Troy Completes $15M in Investments, Real Estate Sector Eyes Rebound

As the recovery phase of COVID-19 proceeds, the industrial market continues to be the bright spot for commercial real estate in metro Detroit. Imposed
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