Feds Boost Conforming Limit to $832K
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage buyers Fannie Mae and Freddie Mac will be able to acquire loans of...Most Fed Officials Back Rate Cuts. Just Not Necessarily in December
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released this month. At the same time, many officials...UNH Student Housing Refinanced with $46M
A Durham student-oriented multifamily property that’s a 10-minute walk from the center of the University of New Hampshire campus secured $46 million in refinancing last month. Madbury Commons was built in 2015 and holds 524 student beds across 126 fully furnished...NHMB Exec Elected to ABA
Gregg Tewksbury, president and CEO of New Hampshire Mutual Bancorp, has been elected to serve on the American Bankers Association board of directors. NHBM is the mutual holding company for Meredith Village Savings Bank, Merrimack County Savings Bank, Savings Bank of...The Merrimack Donates to Community Center
Merrimack County Savings Bank is helping finance the construction of the Mark Stebbins Community Center on Manchester’s West Side, slated to open in fall 2026. Funded through the New Hampshire Community Development Finance Authority, The Merrimack announced a pledge...This Week’s Paper: Digital Edition
