recorded $306 billion in loans closed by dedicated commercial mortgage bankers in 2023, a 49 percent decrease from $595 billion in 2022. Jamie Woodwell, MBA's Head of Commercial Real Estate Research, ...

The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, ...

Risk Profile: One of the primary reasons behind the disparity in interest rates between commercial and residential property loans is the difference in risk profiles. Commercial properties typically ...

A number of alternative lenders jumped into action to carry the flag as banks moved to the sidelines amid higher interest rates in 2023.

Lloyds’ net interest margin (NIM) — the difference between the interest it charges on loans and the rate it pays on customer deposits — fell to 2.95 per cent from 2.98 per cent in the previous quarter ...

These include discounts for autopay (0.25%), for borrowers who already have a SoFi account (0.125%) and for those who use their loan to consolidate ... for autopay — a higher discount than ...

TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced first quarter 2024 net income of $12.1 million or $0.64 diluted earnings per share, compared to net income of $17.7 million or $0.93 ...

JPMorgan Chase, the nation’s largest lender, kicks off earnings for the industry on Friday, followed by Bank of America and Goldman Sachs next week.

New York Community Bancorp will have to lure buyers for its commercial real estate (CRE) loans with steep discounts and diversify its revenue as it races to shore up its finances.

In a positive shift in expectations, Ukrainian banks are hopeful for a swell in both consumer and business lending over the next 12 months. This optimism is based on forecasts signaling a prospective ...

SCB X, the parent company of Thailand’s Siam Commercial Bank, has reported a consolidated net profit of $305.43m (THB11.3b) for Q1 or 2.6% higher than the same period in 2023. The higher profits were ...

It’s a classic case of political power dynamics. Community advocates, voters and lawmakers have spent years trying to bring payday loan reform to Rhode Island. And every year, it fails, with ...