How the Fed’s Rate Cut Impacts Mortgage Rates
Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year,...When Does Refinancing Make Sense?
Homeowners eager for mortgage rates to dip so they can refinance their places may have to wait quite a bit longer. A study from Neighbors Bank said folks whose current loans are in the 6.5 percent to 7 percent range would have to wait for rates to drop by at least...M&T Bank CEO Looking for More M&A
Speaking at an event in Boston, M&T Bank CEO René Jones predicted more M&A activity in the Northeast – including some driven by his own institution. Jones credited a friendlier regulatory environment for a potential uptick in merger activity in a “fireside...
Mergers, CRE Bump Helped Power NH’s Fastest-Growing Lenders
Despite inflation, tariff, interest-rates and other headwinds facing the economy, local banks and other financial institutions saw robust residential and commercial real estate lending statewide in the first half of 2025. How long the positive lending trend can last,...
