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How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 5 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At its June 2024 meeting ...
Loan originations drop to 23-year low in Winston-Salem metro
Winston-Salem Journal· 3 days agoThere were 3,043 mortgage loan originations in Davidson, Davie, Forsyth, Stokes and Yadkin counties...
Federal Reserve of Chicago CEO gives ‘fireside chat’ at Iowa Farm Bureau Economic Summit
The Des Moines Register via Yahoo Finance· 2 days agoThe prime rate is the interest rate that banks use as a basis to set rates for different types of...
Wells Fargo racial disparity case heads to class-action decision
Minneapolis-St. Paul Star Tribune· 5 days agoWells Fargo & Co. faces a decision as soon as this month on whether a lawsuit over its pandemic-era...
Wells Fargo Racial Disparity Case Heads to Class Action Decision
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- Wells Fargo & Co. faces a decision as soon as this month on whether a lawsuit over...
Eagle Bancorp, Inc. (NASDAQ:EGBN) EVP Paul Saltzman Acquires 1,000 Shares
ETF DAILY NEWS· 3 days agoEagle Bancorp, Inc. (NASDAQ:EGBN – Get Free Report) EVP Paul Saltzman acquired 1,000 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were acquired at an average ...
How Fed Rates Influence Mortgages, Credit Cards and More
New York Times· 5 days agoAmerican households who are hoping interest rates will soon decline will have to wait a bit longer....
The PNC Financial Services Group, Inc. (NYSE:PNC) Receives $157.83 Average Target Price from...
ETF DAILY NEWS· 7 hours agoShares of The PNC Financial Services Group, Inc. (NYSE:PNC – Get Free Report) have been given an...
Loan originations remain on downward trend in Greensboro area
Greensboro News & Record· 4 days agoThe quarterly peak so far since 2020 was 10,429 in the second quarter of 2004, while the low is 3,202 in the first quarter of 2018. Attom Data reported that 1,477 of the Greensboro-High Point ...
What sky-high borrowing costs mean for you and your money
Fox Business via Yahoo Finance· 4 days agoThe Federal Reserve signaled that it will keep interest rates higher for longer amid stubborn...