Today’s mortgage refinance rates tick higher | April 3, 2023 – Bankrate.com
Today’s mortgage refinance rates tick higher | April 3, 2023 Bankrate.com
Today’s mortgage refinance rates tick higher | April 3, 2023 Bankrate.com
Skyscraper office and apartment buildings in major cities such as Seattle face rising vacancy rates in the pandemic era. Maturing commercial real estate debt could become the next big concern for smaller banks, and lenders’ exposure to this corner of the credit market is sure to draw attention during the earnings season that gets underway … [Read more…]
Home sellers’ willingness to offer concessions wavers with mortgage rates Yahoo Finance
Unfortunately, there’s no easy way for consumers to discern if a bank is potentially in trouble given its investments mix, Stephens confirmed. “It’s quite difficult to predict, and as we’ve seen with Silicone Valley it happens very, very quickly. Rather than worrying about that, as long as you’re protected you’ve got the government guarantee. I … [Read more…]
For independent mortgage bankers who survive the ongoing culling, the new normal unfolding looks much brighter, industry experts say.
Following the recent bank collapses thereâs good reason to be concerned about how much of your money is and isnât insured. The bad news: Just because an account is held by a bank doesnât automatically mean itâs insured. The good ⦠Continue reading â
The post This Move Lets You Insure $1.5 Million or More at a Single Bank appeared first on SmartAsset Blog.
Federal Reserve Bank of Richmond President Thomas Barkin said he remains undecided on how Fed officials should adjust interest rates at the central bank’s next meeting, citing uncertainty in both inflation and consumer demand as well as additional fallout from the banking crisis. “I could imagine many different outcomes based on whether you can convince … [Read more…]
President Joe Biden Thursday called on banking regulators to use their existing authority to toughen capital and liquidity rules for midsize banks, saying that the Trump-era regulatory revisions called for by S. 2155 contributed to the failures of Silicon Valley Bank and Signature Bank.Bloomberg News WASHINGTON — President Joe Biden asked regulators to reinstate rules … [Read more…]
Fixed-Rate Mortgages Pose Problem for First Republic Bank The Real Deal