Articles by tag: loans
Recent bank failures, like that of SVB, might seem like canaries in the coal mine, but investors at Barrow Hanley have a more optimistic projection, thanks to high yield and loan markets. The collapse of SVB may be reminiscent of the 2008 crisis, but thankfully, the effects so far have been much less severe….
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As Mortgage Rates Stay Up, Lenders and Brokers Need to Get ‘Creative’
Editor’s Note: This report was initially conducted after July 14’s Freddie Mac weekly average mortgage rates were released. Though the video focuses on those specific averages, the article has been expanded upon to add context from the last several weeks of mortgage rate fluctuation. Freddie Mac’s weekly averages since July 14 have been volatile, with…
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As Interest Rates Climb, Businesses Should Think Twice About Slowing Spending
Another day, another interest rate hike. The Federal Reserve announced Wednesday afternoon that it’d be raising the federal funds rate by 0.75%. Previously at 1.58%, this now puts the federal funds rate at a range of 2.25% to 2.5%. This is now the third interest rate increase in 2022, rising sharply from 0.25% in March…
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IMF Says Crypto Isn’t Fit to Become Legal Tender; Are They Right or Wrong?
The International Monetary Fund has taken a bold stand regarding crypto, the increasingly popular alternative currency — it’s not fit to become legal tender or official national currency, coming off the heels of El Salvador’s bitcoin announcement. What does this mean for the currency’s future, and does the IMF’s background in Latin America add…