Massachusetts Real Estate & Financial News | Banker & Tradesman
WEBBy James Sanna | Banker & Tradesman Staff | Sep 18, 2024 | Reprints | Unlock Link. The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers and businesses.
This Week's Paper - Banker & Tradesman
WEBBy Malia Lazu | Special to Banker & Tradesman | Sep 8, 2024 | Reprints | Unlock Link. Revolutionary Spaces is taking a fresh look at how we tell stories about Boston’s past. Local executives have a chance to be part of building a bridge to a more inclusive telling of American history....
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Massachusetts Real Estate & Financial News | Banker & Tradesman
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Fed Set to Announce Rate Cut Today - Banker & Tradesman
WEB2 days ago · This week’s move is expected to be only the first in a series of Fed rate cuts that will extend into 2025. Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans. Business spending could grow, and so could stock prices. Companies and …
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Top Lenders - Banker & Tradesman
WEBFor credit unions, DCU ranked No. 1 with $205.4 million in non-purchase landing in 2023, down 54 percent from 2022. For mortgage companies, Rocket Mortgage ranked first with $650 million, down a whopping 61.7 percent in 2022, according to data. The culprits for the declines in all general lending categories: higher interest rates and super-low ...
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WEBOur free email newsletter is delivered to your inbox at midday, Monday through Friday, with a rundown on the biggest Massachusetts real estate and banking stories you need to know about. Read past issues of The B&T Daily below, or sign up and become the best-informed leader in the local business ...
Real Estate Transactions - Banker & Tradesman
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Banker & Tradesman's Fast 50
WEBThe bank’s construction lending business has also been a big factor, Burcke said. Newburyport ranked 11th in Banker & Tradesman’s Fast 50 rankings after growing its commercial loan volume 240 percent. The bank’s commercial loan volume jumped from $9.58 million in the first half of 2024 to $32.59 million in the first half of 2024.
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