McLEAN, Va. - (06/24/05) -- Mortgage rates fell across the boardthis week, resuming a decline that was halted briefly last week,according to Freddie Mac. The average for the benchmark 30-year,fixed-rate mortgage dipped to 5.57% this week, from 5.63% lastweek; while the average for the 15-year, fixed-rate loan slipped to5.16%, from 5.22%. ARM rates also declined, with the five-year ARMaverage falling to 5.05%, from 5.10% last week, and the one-yearARM average slipping to 4.23%, from 4.25%.
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Oklahoma's Bank7 may acquire New Mexico's Century Bank by the end of the year. The reason: A wealthy Century shareholder is being forced to sell his shares to satisfy a $40 million debt.
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Organizers of Bank of St. George were close to the finish line in 2020 when the COVID-19 pandemic arrived. Now CEO Bruce Jensen says the planned bank should open its doors by the end of the year.
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Two executive orders pulled federal deadlines for quantum-proof encryption forward to 2030, after 2026 research cut the cost of breaking today's codes.
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The need to scale quickly is adding new challenges to the build vs. buy debate
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Even though RIAs reached a record size in four important metrics, experts say equity values are masking weaknesses in their organic growth.
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