Mortgage Applications Increase for the First Time in Six Weeks – RISMedia

Mortgage Applications Increase for the First Time in Six Weeks – RISMedia

The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $647,200) increased to 5.79% from 5.56%,
See Original Article

Mortgage to Rise After Fed Decision, But Home Prices Will Soon Drop – CNBC

For home shoppers, this makes buying a home even tougher as interest rates for 30-year fixed-rate mortgages hit levels not seen since the 2008 housing
See Original Article

FV Bank Announces Strategic Integration with Circle – GlobeNewswire

FV Bank Will Enable Instant Deposits and Conversion of USD Coin (USDC) for Customers…
See Original Article

August Housing Starts: Market Rebalancing Tipping the Scales in Building – Zillow Research

The August housing market solidified the rebalancing that is taking place, with home values and home value appreciation continuing to cool off as
See Original Article

Higher mortgage costs cool home sales as Fed sends interest rate higher | Bridge Michigan

The Fed got aggressive on Wednesday in attempt to cool persistent inflation;; Mortgage rates, already slowing home sales, are expected to continue
See Original Article

Don't expect mortgage rate relief in 2023, Fannie Mae warns in forecast – Inman

Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control.
See Original Article

French Banking Giant Launches Bitcoin Fund Services For Asset Managers

The bank promises a “simple and adapted” experience in creating bitcoin funds with its new services. French banking giant Societe Generale has
See Original Article

Home prices see biggest drop in 9 years, thanks to higher mortgage rates | WBUR

The Federal Reserve has been raising interest rates to fight inflation. Mortgage rates anticipate future moves by the fed and bond markets more
See Original Article

Southern Missouri Bancorp buying bank to expand in Kansas City | American Banker

The expansion furthers Southern Missouri's efforts to become a prominent statewide bank, executives said in a release announcing the deal after
See Original Article

Surveillance video leads to arrest of man for theft of catalytic converter – Lootpress

Surveillance video revealed that, on Monday, September 5, 2022, a man had cut the catalytic converter off a Frontier Communications 2015 F550
See Original Article

Bank CEOs: Financial services sector prepared for economic downturn

The CEOs of the nation's seven largest retail banks testified before the … are scheduled to appear again today before Senate Banking Committee.
See Original Article

Best 30-year Mortgage Rates | NextAdvisor with TIME

Compare the current 30-year fixed rates for new home loans and mortgage refinances.
See Original Article

10 Ways to Calm Jittery Clients Over Rising Mortgage Rates – RISMedia

How agents can reassure clients that rising mortgage rates fluctuate and there are ways to make them work both short- and long-term.
See Original Article

Pursuing the Future of Net-Zero Banking – United Nations Environment

Pre-competitive collaboration between banks, however, is only one tool to help the banking sector meet its objectives. We are just one piece of a much
See Original Article

Digital Dollar Likely Won't Be Part of Retail Banking World, US Lawmaker Says – CoinDesk

White House reports on central bank digital currencies “point the way” but Congress still has to pass legislation on these issues, Congressman Jim
See Original Article

Fed paper explores rate hike impact on money markets – Central Banking

Research published by the Federal Reserve estimates how money markets will readjust as the central bank hikes rates and sells assets.
See Original Article

Home prices see biggest drop in 9 years, thanks to higher mortgage rates – NPR

Higher mortgage rates are throwing a bucket of ice-water on the super-heated housing market. Home prices in August were down about 6% from their
See Original Article

No, The Fed Hike Doesn't Mean Anything For Mortgage Rates

Whereas the Fed Funds Rate pertains to loans that last 24 hours or less, the average mortgage lasts 3-10 years depending on the housing and mortgage
See Original Article

Banking C.E.O.s Face a Grilling on Capitol Hill – The New York Times

The chief executives of JPMorgan Chase, Bank of America and Citigroup are among the Wall Street leaders set to testify in Washington.
See Original Article

The Hollywood Reporter's Power Broker Awards Recognize LA's Top Real Estate Agents

The Hollywood Reporter honored Los Angeles; top real estate agents during its second annual Power Broker Awards, hosted by Selling Sunset stars
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.