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Interest rates staying where they are is a forgone conclusion, but the Fed's decision day still...
Business Insider· 10 hours agoA September rate cut would come shortly before another major economic event: the US presidential...
Fed keeps interest rates at 23-year high
NPR· 5 hours ago"That's one of the reasons why the consumer remains fairly willing to go out...Oren Klachkin, financial market economist at Nationwide. "They're not...
Triad Business Bank confirms job cuts amid interest rate turbulence
Winston-Salem Journal· 11 hours agoThe bank has a branch respectively in Winston-Salem, Greensboro and High Point with 60 employees...
NYCB Reports 400% Jump in Defaults As Multifamily Fears Grow
The Real Deal· 8 hours agoNew York Community Bank on Wednesday reported defaulted loans totaled $800 million in the first...
Mortgage Rates Hold Steady Below Recent Highs
Investopedia· 2 days agoAfter unwelcome inflation data pushed mortgage rates higher last week, the 30-year average is holding steady in slightly cheaper territory this week.
Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September
Market Watch· 2 hours agoA third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says
Australia banks face profit squeeze on rising costs, mortgage competition By Reuters
Investing.com· 23 hours agoTraditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have...
Federal Reserve says interest rates will stay at two-decade high until inflation further cools
The Day· 52 minutes agoThe Fed issued its decision in a statement after its latest meeting, at which it kept its key rate...
How to Invest in a ‘Higher for Longer’ Rate Backdrop
Barrons.com· 11 hours agoThat should help them keep loan funding costs low and maintain healthy margins on loan portfolios. At the same time, mortgage and credit-card borrowers...
Americans see money in bank accounts increase
Newsweek· 2 hours agoThe Fed has levied one of the highest interest rates in more than a decade as inflation remains stubborn. But one side effect of the rates is that...
