Higher interest rates hit businesses in multiple ways. The longer rates remain elevated, the harder it gets.
Fewer loans means less consumer spending, and less consumer spending means lower inflation.
More than 230 companies declared bankruptcy before the end of April. What is happening?
Community development financial institutions are mostly concerned about a ban on extended-term mortgages and balloon payments.
These mortgages were key to the economic climate that led to the 2008 financial crisis. First Republic had a lot of them.
The Federal Housing Finance Agency will lower the loan-level price adjustment fee for people with smaller down payments.
The recent banking turmoil could further tighten credit conditions and slow down the economy.
Total loan balances rose from last quarter and year over year, according to the FDIC. There are good reasons to borrow now.
How heavily are the odds stacked against startups without the “massive leg up” of family wealth?