Above-average snowfall and rising concerns about the coronavirus didn't put a damper on local home sales last month, according to the Denver Metro Association of Realtors.
Mortgage application volume increased 15.1% from one week earlier, and with interest rates still falling, even higher refinance demand is probable in the short term, according to the Mortgage Bankers Association.
Private capital fundraising posted a banner year in 2019 led Blackstone closing the largest buyout fund ever. AEI, Vista, Summit, involved in PE-related deals. Houlihan Lokey and Lincoln among top investment banks. Audax and Genstar rank among top PE firms.
The Fed’s decision to cut its benchmark interest rate amid growing coronavirus concerns is bound to have an impact on banks, but just how broad and how deep remains to be seen.
In announcing the central bank’s emergency rate cut, Chairman Jerome Powell warned that the Fed can only do so much.
Ample access to cash and debt, along with strong diversification strategies built into investment portfolios, will help asset managers and junk-rated corporate borrowers absorb any near-term substantial economic headwinds, according to Fitch Ratings.
From travel bans to working remotely, here is how firms including Wells Fargo, Edelman, RBC and others are preparing for a possible pandemic.
The world’s pile of negative-yielding debt has grown as the economic backdrop soured and fears of a pandemic mounted.
While home price appreciation has lost some momentum, tight inventory and low rates could drive housing values further upward this spring if the coronavirus remains contained, according to CoreLogic.
ComPsych added a webinar to its global platform to help clients’ employees cope with the global outbreak.