As part of its deal, 84 First Republic branches in eight states will reopen as JPMorgan branches on Monday.
Category: Mortgages
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Housing Market Gridlock: Buyers Are Eager, but Sellers Are Scarce
Homeowners with low-rate mortgages are delaying the decision to sell until market conditions change.
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Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
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Why Older People Can’t Get New Mortgages
Despite solid financial track records, many older Americans have a hard time refinancing because of their mortality risks and lower retirement incomes.
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Buying or Selling a Home? Welcome to the Year of Disappointment
After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
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What Fed Rate Moves Mean for Mortgages, Credit Cards and More
The New York Times – Business:Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
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Silicon Valley Bank’s Deep Ties to the Tech Industry
The New York Times – Business:More than many other banks, SVB catered to how risky tech start-ups and their backers do not adhere to normal business practices.
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Will the Fed Keep Tightening as Banks Fail?
The New York Times – Business:By quietly shedding billions in assets, the Fed is making conditions tighter for banks, home buyers and investors, our columnist says.
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When It’s Easy to Be a Landlord, No One Wants to Sell
The New York Times – Business:Locked in at historically low interest rates. Platforms that make managing rentals a breeze. Homeowners have little incentive to put a house on the market.
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La Fed aumentó su tasa de interés. Esto significa para tu dinero
The New York Times – Business:Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.
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Falling Mortgage Rates Bring Some Home Buyers Back to Market
The New York Times – Business:Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will drive the market’s next moves.