Banking & Lending
Shant Banosian Is Rate’s New President
Shant Banosian has been named president of Rate Mortgage but will continue to lead his loan origination team and originate loans.
Fed Official: Need ‘Dust to Clear’ Before Deciding Next Moves
After three cuts to its key interest rate last year, Federal Reserve officials, led by Chair Jerome Powell, have signaled that they are in a new phase of watching and waiting. They’d like to see inflation fall further and gauge what impact that new policies from...
More CRE Capital Expected in 2025, Boston Named Top Market
According to a recent survey from researchers at commercial brokerage CBRE, more investors are preparing to provide capital into the United States commercial real estate market
New Assessment of NH Coastal Flood Risk Underway
As global temperatures climb and put increased pressure on shoreline communities, New Hampshire is reassessing its coastal flood risk.
Fed Officials Now Expect Slower Pace of Rate Cuts Ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.
Local Banks Eye Biz Lending Boost in 2025
New Hampshire banks hope to build upon this past year’s incremental improvements in business lending across the state.
Granite State’s Bankers Cautiously Optimistic About 2025
Are the days of worryingly tight margins behind New Hampshire’s banks? Or will inflation fears and the Federal Reserve’s response mean more of the same.
White House Is Cracking Down on Overdraft Fees
The finalized rule is set to take effect in October 2025, but the incoming Trump administration has yet to tap anyone to lead the CFPB, and has mentioned the idea of eliminating the agency.
Top Fed Official Says December Rate Cut Depends on Data
A top Federal Reserve official says that he is leaning toward supporting an interest rate cut when the Fed meets in this week but that evidence of persistent inflation before then could cause him to change that view.
Enterprise Bank to Be Bought by Big Mass. Lender
Enterprise Bank, the Lowell, Massachusetts-based lender that has an eight-branch footprint in Southern New Hampshire, is getting snapped up by one of the two biggest Massachusetts-based banks.
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