What negative interest rates mean for businesses and home buyers

What negative interest rates mean for businesses and home buyers

Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world where economic growth has
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3 “Strong Buy” Stocks Set for Monster Growth in 2020

Let's not beat about the bush. In a world gripped by uncertainty, one truth will always remain; investors want to know the best places to put their money.
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Rhode Island field services provider gets 8 years in jail for running $10 million Ponzi scheme

On July 11, 2019, Brady pleaded guilty to charges of wire fraud, aggravated identity theft, and obstructing an IRS investigation. In addition to the term
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SNB Negative Rates Are Key, Swiss Government Tells Politicians

The Swiss National Bank's negative interest rates are essential and a premature tightening would hurt the economy, according to the government.
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Health Care, Tech Growth Should Steer Long Island Economy In 2020, Experts Say

“Overall, I'm optimistic and I feel very good about the commercial and residential real estate markets on LI,” said Jim Coughlan, a principal at Tritec
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Equifax expects to pay out another $100 million for data breach

The Department of Justice may think it knows who hacked Equifax and exposed the sensitive personal information of 148 million U.S. consumers, but
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Purchasing a home drives 15% of buyers to tears

Purchasing a home can be one of the most stressful financial transactions most people ever make, causing about a third of buyers to lose sleep.
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New Study Shows How Rental Payment Data Impacts Credit Scoring

A new study exploring how consumer reporting agencies can use rental payments to determine the credit scoring has been released through a
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Funds Face Trillion-Dollar Hit on Negative-Yielding Debt Pile

Investors could lose $864 billion on debt with negative yields over the next 12 months, according to Daniel Tenengauzer, head of markets strategy at
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Lowell man to serve three years in state prison for mortgage scheme

Taing then sent mortgage statements to the homeowners, but never forwarded their payments to the loan holders. Instead, he used the money to pay
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Welcome to 21st century banking at PeoplesBank Pedlar Banking Center in Holyoke

ATM machines. Online banking. Twenty-four-hour access. How the banking industry has changed with the advent of computers and advanced
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Freddie Mac's Deborah Jenkins Named to the Board of MBA Opens Doors Foundation

MBA's Opens Doors Foundation provides mortgage and rental assistance to … vice president and national head of multifamily underwriting and credit.
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Mortgage rates hang near five-decade low, says Freddie Mac

The mortgage rate environment remained low despite the 30-year fixed-rate mortgage (FRM) edging up on Thursday, according to Freddie Mac's
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People Movers: EasyKnock, Zillow and Nextdoor

People Movers are updates about the business professionals making waves in the housing and mortgage industries. EasyKnock announced the
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AP National News Calendar

WASHINGTON — Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. FRIDAY, Feb. 21. WASHINGTON — National
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Is the market about to get over the hump on electronic closings?

The closing has been the most challenging part of the origination process to completely automate, but new government policy and technology will
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Report: GOP Support of Trump Fed Choice Weakens

A new report from The Hill citing unnamed “Senate Republican sources” are predicting that President Trump will withdraw his nomination of Judy
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Community aims to pay off Maberry mortgage with online raffle; local BBQ being held

The Mansfield community continues to honor late football coach Daniel Maberry. Maberry, 47, died on Feb. 4 after a two-year fight with cancer.
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Low Mortgage Rates Continue to Boost US Luxury Market

Low mortgage rates continued to be the impetus behind the real estate moves of deep-pocketed buyers in the U.S. in November, according to a report
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Coronavirus Microscope Images Published by US Researchers

U.S. researchers published new images of the coronavirus that has infected tens of thousands of people in China, some of the most detailed visuals
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