Buyers are paying up for homes with more space and a favorable commute, providing opportunities for lenders in select areas. Processing Content The 10 hottest ZIP codes in the United States were all located in the Northeast and Midwest, led by 01960 in Peabody, Massachusetts; 07042 in Montclair, New Jersey; and 08080 in Sewell, New […]
Where to find prime credit borrowers who pay up for homes Read More »
Key insight: HBT Financial is bolstering its presence in Illinois by acquiring another in-state rival. What’s at stake: If completed, the pending deal would be HBT’s 12th since 2007. As part of the transaction, the seller’s mortgage banking business would be sold or would cease operations prior to the deal closing. Forward look: The acquisition
Illinois bank approaches $10B-asset mark with latest deal Read More »
The difference in share between economists who believe the next Federal Open Market Committee move will be a cut in short-term rates compared to those expecting a rise further narrowed in August, Wolters Kluwer found. Processing Content However, its latest Blue Chip Economic Indicators poll was conducted on Aug. 4 and 5, prior to Friday’s
Fed will move, but economists debate when and how Read More »