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Mortgage Rates Rise to 5.66%, Weighing on Housing Market

Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 5.66% from 5.55% last week. One year ago, the rate stood at 2.87%.

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Venture Center Expands Fintech Program

The expansion comes after the inaugural VenCent Fintech Summit last month, which attracted hundreds in the industry to Little Rock.

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Bitcoin Hubs Bask In Entergy’s Glow

‘Crypto mining’ set for Newport, Little Rock and Walnut Ridge; Pine Bluff says no.

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EGiftify Aims to Bring Big Tech to Small Business

Susi Barakat founded eGiftify to bring the technology that big brands use to her family’s small business, The Terrace restaurant in Little Rock.

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1 Promoted at HCJ CPAs & Advisors (Movers & Shakers)

Nicole Hobbs, who specializes in nonprofit tax, joined the firm in 2017 as a manager in its tax department.

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Xcited Transaction Tallies $16.1 Million (Real Deals)

Xcited Riverdale LLC, a group of Arkansas partners formed by T.J. Lefler of Lefler Capital in Fayetteville, bought the Riverdale Shopping Center at 2500-2610 Cantrell Road.

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Lisa Hunter, Jeff Wood Appointed to Arkansas Board of Education

She's a banker from White Hall and he's a Little Rock attorney.

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Cross County Bank and First Commercial Bank to Operate Under Unified Brand

The transition is expected to be complete by Nov. 21.

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Richard Bliss Shares How to Unleash the Power of LinkedIn on Next 'Business...

He'll share how advice on building platforms to effectively reach your audience, defining brand vision and strategies, and developing high-caliber sales teams on the Sept. 14 episode of the 21st...

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Long-Term Mortgage Rates Now at Highest Point Since 2008

Mortgage buyer Freddie Mac reported Thursday that the 30-year rate jumped to 5.89% from 5.66% last week.

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Jerry Vest Retires as Regions Bank Leader in NWA

Jaclyn Henderson succeeds him in the role. She'll also serve as commercial banking leader for the region, as well as markets in the River Valley region and Joplin, Springfield and Branson in southwest...

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First Community Hires 2 for NWA Lending Team

They're headed to a branch opening soon in Rogers.

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SPONSORED: More Mentoring, Because it Matters

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4 Promoted at First Community Bank (Movers & Shakers)

The promotions are across the marketing, graphic design, communications, and lending and diversity departments.

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The 2022 20 In Their 20's: Arkansas' Rising Young Leaders

From Little Rock to Rogers to Mountain Home, bright young talent spans our state. For the 13th year, Arkansas Business is proud to introduce 20 of the freshest faces in business and community service.

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US Inflation Still Stubbornly High Despite August Slowdown

"This was a disappointing report," said Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives.

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Millennials Narrow Household Wealth Gap

This chart, prepared by the Federal Reserve Bank of St. Louis, shows average real family wealth of three different generations during their young- to mid-adult years.

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UA Received $138M in Private Gifts Last Fiscal Year

The university said the money, which came from more than 49,000 donors, amounted to the "most generous level of support" in school history, outside a multi-year capital campaign.

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SPONSORED: A Sound Financial Plan Can Help Make Dreams a Reality

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Mortgage Rates Hit 6%, First Time Since 2008 Housing Crash

The long-term average rate has more than doubled since a year ago.

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