“We are delighted to welcome Anthony to the SB One Bank family. His experience in commercial lending and risk management will be important as we grow and expand in the Northern New Jersey and New York Metropolitan markets,” said Tony Labozzetta, president and chief executive officer at SB One Bank. “Anthony’s intense focus on connecting with his clients and deepening their relationships will further our commitment to providing our clients with an exceptional banking experience.”As 30-year fixed-rate mortgages hit 7.31%, experts indicate low housing inventory and changing consumer behavior; renting emerges as a favorable choice for many.
The average 30-year fixed rate mortgage last week peaked at 7.31%, according to Freddie Mac. That's the highest it's been since December 2000. “However, unlike the turn of the millennium, house prices today are rising alongside mortgage rates, primarily due to low inv...
All four national regions report a slump in monthly and annual transactions, emphasizing the need for better rates and increased housing inventory.
Pending home sales across the U.S. saw a substantial 7.1% decrease in August, according to the National Association of Realtors (NAR). This dip in sales occurred across all four major U.S. regions, each registering losses in both monthly and year-over-year transactions. Law...
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