Interest Rates

Current 30-year jumbo mortgage rates were about 7.3% in December 2023, significantly higher than the low rates offered just two years prior. Jumbo rates are currently similar to those on 30-year conforming loans, which are […]

According to RBI’s statistics, the number of commercial vehicle loans has increased by 18%. It is because every new and existing business is looking to expand. If you also plan to invest in a commercial […]

Welcome to our glorious SoCal fall! As days shorten, leaves crunch underfoot, and temperatures cool – our commercial real estate market faces several headwinds. Hamas’ blatant attack on Israel, the ouster of our House speaker, […]

Private equity firm to buy Subway Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management that could help the sandwich chain expand and improve its […]

Despite the crisis in banking which many have put down to interest rate rises, they’re still going up. The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a […]

So much for an early thaw. Interest rates are headed up, possibly at a faster rate and in higher amounts than previously expected, Federal Reserve Chairman Jerome Powell signaled Tuesday. Comments by the policymaker left […]

Photo courtesy Chartway Federal Credit Union The question of the quarter: Are we entering a recession? One key indicator of a future recession can be inflation, which hit a 40-year high this year. Between June […]