Americans’ Credit Scores Hit Record High
Millions of Americans have a new record high average FICO score, and that’s positive news for homebuyers, sellers, lenders and the economy overall.
Massachusetts Businesses Borrowing at Healthy Clip
New data from the Federal Reserve shows that bank loans to businesses grew 1.1 percent from a year ago as of Dec. 20, the lowest growth rate since spring 2011.
Borderline Borrowers Benefit
Several recent changes to mortgage underwriting and approval standards show a loosening of requirements for approval from Fannie Mae and Freddie Mac – but the jury is out on what impact those changes will have on the overall economy.
Vote Now for B&T’s Best of 2024!
