The rate on a 30-year fixed refinance rose to 7.01% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.9%. On a 20-year mortgage refinance, the ...

While multifamily distress is low, the report noted that the special servicing rate has risen to 6.2%, raising the question of how long banks can hold on to underwater loans before forcing a ...

Spurred on by their investment banking divisions, many of the largest European banks are on course for profitability in 2024, ...