A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $ 87.5 billion in 2020, as the COVID-19 crisis pushed revenues to a 13-year high. That looks set to continue, as top deal makers expect a shift from …
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Interest rates declined for the sixth consecutive month to 3.40% in June, according to the latest Ellie Mae Insight Report. Rates for 30-year fixed-rate conventional loans and FHA loans dropped to 3.40%, and rates on VA loans dropped to 3.20%. New purchase loans now make up 42% of all closed …
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With close to 4.5 million Americans confirmed to have been infected with the coronavirus illness COVID-19, the pandemic will continue for some time, public health officials will tell Congress on Friday, underscoring the importance of following their recommendations on face masks, frequent hand washing and social distancing. “While it remains …
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