Average Long-Term Mortgage Rate Falls a Fourth Straight Week
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.09% from 6.13% last week. That's the lowest level since September.
View ArticleMain Street Projects Acquired for $10.3M (Real Deals)
Prominent mixed-use redevelopments in downtown Little Rock changed hands in tandem deals totaling $10.34 million.
View ArticleAmanda Matthews Named Senior Sales Director at New Nexus Group (Movers &...
Matthews will serve as the strategic leader in merchandising for the company’s partner brands.
View ArticleStone Bank Draws $88M-$90M Deal
Where the final price lands depends on the adjustments at closing.
View ArticleAn Unexpected Job Surge Confounds the Fed's Economic Models
Friday's jobs report suggests the possibility that the long-standing connection between a vigorous job market and high inflation has broken down.
View ArticleState Chamber, Associated Industries of Arkansas Name 2023 Board Members
Gary Head was elected chair of the State Chamber, and Greg Williams was picked to lead the AIA board.
View ArticleBank of Fayetteville Promotes 2 Execs, Hires New Market President
Matt Mason has returned to The Bank of Fayetteville as president of the northwest Arkansas market.
View ArticleJoy Hapeman, Alex Sanchez Join Arvest Opportunity Fund
The new non-bank subsidiary provides loans and lines of credit to small business below bank loan requirements.
View ArticleAverage Long-Term US Mortgage Rates Inch Back Up This Week
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched up to 6.12% this week from 6.09% last week. The average rate a year ago was 3.69%.
View Article2 in Arkansas Join St. Louis Fed Community Banking Council
They join a third Arkansas banker on the panel.
View ArticleFayetteville's Bradberry Building Sells for $2.75M
The Fayetteville Chamber of Commerce sold the 24,600-SF, two-story building for $2.75 million to Daugherty Commercial LLC.
View ArticleWellington at Chenal Acquired for $23.6M (Real Deals)
The 176-unit apartment complex in west Little Rock was purchased by 15000 Chenal Parkway LLC.
View ArticleSanders’ Education Reform (Editorial)
Improving education in Arkansas is vital. So is protecting the public school system that undergirds the state’s communities.
View ArticleExporter Challenges for 2023 (Jana Carter Commentary)
Exporters must look out for increased sanctions from the U.S., particularly against Russia and China.
View Article2 Promoted to Executive VPs at Cromwell Architects Engineers (Movers & Shakers)
Todd Kuhn and Rob Seay have both been with Cromwell around 30 years. In addition, Cromwell has added eight stockholders of the firm.
View ArticleMore Homeowners Tap Equity Juiced by Soaring Prices
There was about a 47% annual increase in the third quarter of 2022.
View ArticleBusinesses, Nonprofits Rally Behind Solar Power, Against New Bill
They say the legislation, which would roll back net metering, would cripple the industry.
View ArticleUS Inflation Slows to 6.4%, but Price Pressures Re-Emerge
So far, most of the slowdown in inflation reflects freer-flowing supply chains and earlier declines in gas prices.
View Article18% Drop Since 2020 in People With Reported Medical Debt
Still, unpaid medical bills account for more than half of all debt in collections.
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