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Financial Services Roundup: Market Talk
The Wall Street Journal· 3 days agoThis is thanks to DNB’s scope to cut deposit rates at the start of the rate-cutting cycle, improving treasury income and mortgage margins ...
US home sales post second straight monthly drop; house prices accelerate
KSL Salt Lake City· 6 days agoU.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices...
Stock market today: Wall Street retreats from its records as worries about high interest rates weigh
The Times of Northwest Indiana· 5 days agoU.S. stock indexes retreated from their records Wednesday as concerns about high interest rates...
BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is...
Fortune via Yahoo Finance· 4 days ago“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation...
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy
WSLS Newschannel 10 Roanoke· 4 days agoConsumers are increasingly struggling to pay their credit card bills, raising concerns about severe...
Republicans tell FHFA they oppose Freddie Mac’s closed-end second mortgage proposal - HousingWire
HousingWire· 3 days agoRepublicans on the Senate Banking Committee, along with 23 members of the House Financial Services...
Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years — 2nd Update
Morningstar· 6 days agoThat heightened market expectations that rates will be cut next month, with bond yields and the Canadian dollar slipping modestly to price in a roughly 60% chance of a one-quarter-percentage-point ...
Fair Isaac (FICO) Rides on Solid Portfolio, Expanding Clientele
Zacks via Yahoo Finance· 6 days agoMortgage, Primis Mortgage, a subsidiary of Primis Bank and Premier Lending Inc. (Premier...
Rock Island introduces vacant lot sale program, discontinues Home Ownership Made Easy
Quad-City Times· 1 day agoRock Island has simplified the process to purchase vacant lots in residential neighborhoods. On...
Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreat
McComb Enterprise-Journal· 5 days agoAsian shares were trading mixed Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings. And even though Fed Chair Jerome Powell said after ...
