Industry News

US New Home Sales Rise To Eight-Month High

New U.S. single-family home sales surged to an eight-month high in March, pointing to underlying strength in the economy despite an apparent sharp slowdown in growth in the first quarter.

Trulia Releases Report On CFPB

Trulia Releases Report On CFPB

As both President Donald Trump and Congress currently deliberating the fate of the Consumer Finance Protection Bureau, consumer real estate portal website Trulia last week issued a report analyzing the CFPB’s impact on the mortgage market.

Financial Advisor Sentenced For Obstructing SEC Investigation

A Connecticut financial advisor was recently sentenced in federal court in Boston for obstructing a Securities and Exchange Commission (SEC) investigation by attempting to conceal secret and improper referral payments he made in order to secure the business of a wealthy client.

NSB Announces Succession Plan

NSB Announces Succession Plan

Newtown Savings Bank is looking ahead in anticipation of President and CEO John F. Trentacosta’s retirement.

Freddie Mac Weekly Mortgage Rates

Freddie Mac Weekly Mortgage Rates

The 30-year mortgage rate fell 11 basis points this week to 3.97 percent, dropping below the psychologically-important 4 percent level for the first time since November.