Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of Realtors.
Yesterday’s release of meeting minutes from the Federal Open Market Committee’s July 25-26 meeting garnered plenty of headlines due to the dialogue between FOMC members suggesting a rate increase in December may not be as certain as some had initially thought. But smaller banks were not left out of the FOMC’s discussion.
Real Living Wareck D’Ostilio Real Estate, a Berkshire Hathaway affiliate, recently announced the opening of its newest office on 978 Main St. in the heart of Branford Center.
As the firm’s design is revealed to the community and the first tenants are moving in, Acorn Group and Svigals + Partners announce that the planning concepts utilized to reinvigorate the busiest intersection in the state of Connecticut are coming to fruition.
Following a mild decline last week, the 10-year Treasury yield rose 1 basis point this week. The 30-year mortgage rate similarly remained relatively flat, falling just 1 basis point to 3.89 percent. Mortgage rates are continuing to hold at low levels amidst ongoing economic uncertainty.
The state of Vermont has selected Bridgeport-based People’s United Bank to manage its core banking services.
Sustainable Innovations LLC recently renewed its lease in East Hartford.
Wells Fargo & Co. Vice Chair Betsy Duke will replace retiring Chair Stephen Sanger next year, one of several changes announced on Tuesday in a board overhaul following a sales practices scandal.
As the United States, Canada and Mexico kick off negotiations on Wednesday to modernize the North American Free Trade Agreement, the biggest uncertainty is whether a deal can pass President Donald Trump’s “America First” test.
Connecticut Insurance Commissioner Katharine L. Wade is advising consumers to be wary of a phone caller who identified herself as an insurance department employee and is asking people for their insurance information.
Two of the country’s major credit union advocacy groups have recently sent letters to the Consumer Financial Protection Bureau, pushing for further delay of the agency’s proposed amendments regarding prepaid accounts.
U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses, according to the 2017 Debit Issuer Study commissioned by the debit/ATM network PULSE.
Millennials are pumping more money into the real estate economy than they were a year ago, according to the August 2017 Down Payment Report from Down Payment Resource.
The Connecticut Insurance Department recovered $4 million for Connecticut consumers and taxpayers in the first half of 2017.
Foxwoods announced the next step in the resort’s long-term plan to develop a comprehensive portfolio of tourism options with the opening of the Thrill Tower at Foxwoods. Thrill Tower encompasses two new rides: the Sky Drop and Sky Launch.
As Berkshire Bank gets larger, swelling to more than $12 billion in assets once it completes its acquisition of Commerce Bank, the company continues to take a careful look at the composition of its retail branches.
An industrial building in Milford will now house a construction company after it sold for $555,000.
A family-owned jeweler recently leased retail space in North Haven.
Gov. Dannel P. Malloy recently met with the leadership of the Connecticut Conference of Municipalities and the Connecticut Council of Small Towns (COST) to discuss the impact that the state budget impasse is having on local communities and to explore areas of common interest where the administration and the organizations could work together.
Two subsidiaries of IQor Holdings Inc. have agreed to pay $500,000 to agencies in five different states, including the Connecticut Department of Banking, for unlawful debt collection practices.
- Hartford Attorney Charged With Larceny
- Former Bankruptcy Attorney Admits To Stealing Millions From Clients
- Ridgefield Realtor Arrested, Charged With Larceny
- Woman Sentenced For Stealing $1.7M From Employer
- Baystate Financial And New England Financial Group Announce Merger