Mortgage rates slid this week, but experts said they don’t expect the trend to last after a terse interest rate message from the Federal Reserve. Processing Content The 30-year fixed-rate mortgage averaged 6.47% as of Thursday, down five basis points from a week ago, Freddie Mac reported. The 15-year FRM also dropped three basis points […]
Mortgage rates fell but are shifting after FOMC forecast Read More »
Key insight: Regulators’ proposed changes to the definition of a commitment could eliminate the standard banks have used since the ’80s to determine which lending arrangements are in scope. What’s at stake: The change could pull wholesale products like small-business lines of credit into a category that might increase capital requirements for large banks, and
Banks have ‘commitment’ issues with the new Basel proposal Read More »
Key takeaway: Less than two years after acquiring six Houston-area branches, MidFirst Bank is deepening its Texas footprint with a deal for a Dallas community bank. Supporting data: Dallas’ population grew 11% between 2020 and 2025, boosting its attraction for banks. Expert quote: “Dallas Capital Bank has built exactly the kind of relationship-focused culture that
Dallas’ allure to out-of-state banks remains strong Read More »