US mortgage rates fall to lowest on record; 30-year loan at 2.72%

US mortgage rates fall to lowest on record; 30-year loan at 2.72%

Mortgage buyer Freddie Mac reported that the average rate on the 30-year benchmark loan declined to 2.72% from 2.84% last week. The average rate
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Why Vanna White Thought She Didn't Book Wheel of Fortune

It's hard to imagine Wheel of Fortune without Vanna White. However, as the longtime game show hostess shared on Friday's Daily Pop, Vanna wasn't
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Fitch Affirms Global Bank at 'BBB-'; Outlook Negative

Global Bank's IDR is driven by its VR. The IDR's Negative Outlook is aligned to the sovereign Rating Outlook and reflects downside risks for the
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Stimulus update: McConnell and Schumer discuss averting a shutdown and economic aid

The measures were discussed separately, a senior Democratic aide tells Fortune. The most pressing matter is the government spending bill—something
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GameStop Looks to a Digital Future

Shortly after that, I spent several months visiting random GameStop stores and talking to its senior leadership for a Bloomberg Businessweek article.
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The Housing Market Is On Fire… But We Don't Need No Water

The Housing Market Is On Fire. … For the past six months my wife and I have been looking for a house to buy, and boy let me tell you, it's been rough.
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Employee of Middletown used car dealership admits role in loan fraud scheme

In connection with automobile loan applications for multiple borrowers, Williams, Hajati and others submitted documents and statements to victim
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The Oldest President Ever Will Confront a Generational Wealth Gap

Low interest rates should also be good news for debtors, but young people disproportionately hold unsecured debt, like student loans and credit card
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Green Builder Media Joins Forces with Building Industry Luminary Sam Rashkin to Launch …

“We truly believe that the housing market is about to experience titanic transformation,” says Sara Gutterman, Green Builder Media CEO. “The Housing
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ABA Urges FinCEN to Analyze Costs, Burdens of Foreign Correspondent, Private Banking Accounts

… the regulations that apply to both foreign correspondent accounts and private banking accounts,” noting that such a review is “needed and overdue.”.
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Nationwide profits increase despite lockdowns hampering the housing market with the building …

However, the property market boom since the spring lockdown and stamp duty holiday saw approvals surge, with levels in September 39 per cent higher
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First-of-its-kind Commercial Real Estate Platform InTheMarket to Launch in December

InTheMarket (ITM), a new SaaS platform for the commercial real estate (CRE) leasing industry, designed and built specifically for tenant-rep brokers
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Payday Lenders, Gun Salesmen—and Taking Politics Out of Banking

Payday Lenders, Gun Salesmen—and Taking Politics Out of Banking. A new rule aims to make sure all legal businesses can get loans, including
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How Lowe's and Home Depot plan to keep growing even after the COVID home improvement boom

… but we didn't have a lot going on for the entertainment piece of it,” Lowe's CEO Marvin Ellison tells Fortune. “Our data tells us that when the customer
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US Senate leader McConnell seeks to 'repurpose' expiring Fed lending for coronavirus

WASHINGTON — Funding for an expiring Federal Reserve lending program that Treasury Secretary Steven Mnuchin terminated should be
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Pickerell joins Town and Country Bank

“His professional expertise in commercial banking, profound knowledge of SBA lending programs, and commitment to developing collaborative
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First Horizon Announces Parent Company Name Change

(NYSE: FHN or “First Horizon”), the parent company of First Horizon Bank, … capital markets, fixed income, mortgage, and title insurance services.
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The Pipeline: Commercial real estate deals for 11.20.20

Kyle Malnati of Calibrate Real Estate represented the seller. Boomer Beatty and Peter Standley represented the buyer. Deo Donum LLC purchased
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Bowman County School District moves forward with plans for Amidon school

“Once the title is clear, (Bowman County) are free to do whatever you want,” Selinger said, noting that there may be some restrictions on handling the
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AT&T Hires Its First Black CFO

Pascal Desroches represents the 1% of Black professionals who hold the title at a Fortune 100 company.
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