McLEAN, Va. - (12/17/04) -- Fixed-rate mortgages fell slightlythis week, for the second week in a row, according to Freddie Mac.The average for the benchmark 30-year, fixed-rate loan slipped to5.68% this week, from 5.71% last week; while the average for the15-year, fixed-rate mortgage dipped to 5.11%, from 5.14%. Theaverage for the one-year ARM, the benchmark for adjustable-rateloans, tipped slightly upwards to 4.18%, from 4.15% lastweek.
It's easy these days to get caught up in all the bad news and very easy to lose sight of the good. So let's take a moment to focus on some good news.
Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.
The bank is accusing its fintech rival of racketeering for raiding its offices across nine states and stealing an untold amount of confidential information.
Mirroring the efforts of a number of larger institutions, Portland-based Northeast Bank plans to open a de novo branch in Bangor and renovate its seven existing branches.
The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.
Research from Cerulli Associates suggests that many RIAs have a long way to go with AI adoption while already finding possible ramifications for back-office staff.
