Massachusetts Real Estate & Financial News | Banker & Tradesman
WEBBy James Sanna | Banker & Tradesman Staff | Sep 18, 2024 | Reprints | Unlock Link. The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers and businesses.
This Week's Paper - Banker & Tradesman
WEBBy Salim Furth | Special to Banker & Tradesman | Sep 8, 2024 | Reprints | Unlock Link. It’s sad that middle-class Bay Staters weren’t paying attention to unaffordability as it swamped the working poor, then the working class. But it’s still coming for their own children despite recent legislative wins....
Massachusetts Real Estate & Financial News | Banker & Tradesman
WEBCatch up on award-winning news and insights for the Massachusetts banking, commercial, industrial, and real estate industries.
Fed Set to Announce Rate Cut Today - Banker & Tradesman
WEB3 days ago · This week’s move is expected to be only the first in a series of Fed rate cuts that will extend into 2025. Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans. Business spending could grow, and so could stock prices. Companies and …
Boston Renter Is One-Third of Typical Income - Banker & Tradesman
WEB1 day ago · A recent Realtor.com report shows that the median rent of $3,022 makes up 33.6 percent of the typical Boston renter’s income. This is the fifth-largest share in the nation. “One way to think about housing affordability is to use the 30% rule of thumb, where housing expenses including rent or mortgage, utilities and HOAs or other fees should ...
Read The Banker & Tradesman Daily - Banker & Tradesman
WEBOur free email newsletter is delivered to your inbox at midday, Monday through Friday, with a rundown on the biggest Massachusetts real estate and banking stories you need to know about. Read past issues of The B&T Daily below, or sign up and become the best-informed leader in the local business ...
Merger of Two Banks Designed To Benefit Newton Consumers
WEBMar 21, 2003 · When Newton’s two oldest community banks consolidate this fall, one new bank will provide the same old flare for the city’s 13 villages. The Village Bank, the newly named bank resulting from the merger of Auburndale Co-operative Bank and Newton South Co-operative Bank, will aim to provide more quality and better service to the consumers of Newton and surrounding areas.
Banker & Tradesman's Best of 2023 - Banker & Tradesman
WEBWelcome to the results of the 16th annual Banker & Tradesman readers’ poll, in which our readers cast their votes for the best providers of services and goods in the banking and real estate professions. This is a subjective, not objective, poll. It does not measure who writes the most business, who has the most revenue or serves the most ...
This Week's Real Estate Records - Banker & Tradesman
WEBSurvey: Greater Boston Support for New Housing Continues to Grow. Davis Cos. Unveils ‘Docklands Innovation District’ Plan for Everett. The MWRA Doesn’t Have to Expand to Be a Key Tool for Housing Production. Boston Rents at All-Time High as Building Hits Decade Low. Landlords Vow to ‘Vigorously Challenge’ St. Elizabeth’s Taking.
Residential Real Estate News - Banker & Tradesman
WEB6 days ago · by James Sanna | Sep 4, 2024. The local real estate markets may be a lot less busy now than a few years ago, but that didn’t mean this summer was a snooze-fest of real estate news. Here’s a rundown on the six biggest stories you might have missed between vacations and the interminable wait for the Fed to start cutting interest rates.
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