Average 30-year Mortgage Rates Slip to 3.95 Percent
Long-term U.S. mortgage rates fell this week, making it slightly more affordable to borrow for a home.
View ArticleAmericans Borrowed More Amid Solid Holiday Sales
U.S. consumer borrowing jumped 8.8 percent in November, the most in more than two years, a sign of growing confidence in the economy.
View ArticleForbes Ranks Home BancShares No. 1 on 'Best Banks' List
Forbes magazine this week ranked Home BancShares Inc. of Conway No. 1 on its annual list of "America's Best Banks."
View ArticleFederal Reserve Bank of St. Louis Announces Appointments
The Federal Reserve Bank of St. Louis announced Wednesday several changes to its board of directors that were effective Jan. 1.
View ArticleChapel Ridge Purchase Tops $8.2 Million Mark (Real Deals)
An affiliate of Wilhoit Properties Inc. of Springfield, Missouri, bought the 172-unit apartment complex in North Little Rock with a deal backed with a 10-year loan of $6.6 million.
View Article30-year Mortgage Rates Rise to 3.99 Percent
The cost of borrowing money to buy a home rose slightly this week, but remains historically low.
View ArticleMaryland Holding Company to Acquire First State Bank
Capital Bancorp Inc. of Rockville, Maryland, recently announced that it will acquire Evergreen Bancshares Inc. of Tallahassee, Florida, and its subsidiary, First State Bank of Crossett.
View ArticleHoliday Gift for Retailers; Sales Up A Solid 0.4 Percent
Ebullient U.S. consumers shopped at the healthiest pace in more than a decade during the holiday season, a sign of burgeoning economic strength.
View ArticleJ.D. Lowery Takes Director Spot on Southern Economic Board (Movers & Shakers)
J.D. Lowery of Electric Cooperatives of Arkansas has been named state director for Arkansas on the board of directors of the Southern Economic Development Council of Atlanta.
View ArticleChip Blanchard on Community Banks Staying Centered at Home
Chip Blanchard, the president of First State Bank in Russellville, says that in local economies, community banks have “more skin in the game.”
View ArticleTime to Talk About Harassment (Barry Goldberg On Leadership)
The recent flood of women who have begun speaking out about behavior that ranges from inappropriate to criminal creates a lightning-rod topic for organizational leaders.
View ArticleLakewood Hills Hosts $12.7M Transaction (Real Deals)
An affiliate of Spring Capital in Philadelphia bought the 260-unit Lakewood Hills Apartments at 2400 McCain Blvd in North Little Rock.
View ArticleSimmons Continues Heartland Deconstruction
The countdown to folding Heartland Bank operations into Simmons bank is under the 60-day mark.
View ArticleSuitors Revising Bid For State’s Tiniest Bank
The would-be buyers of the smallest bank in Arkansas have withdrawn their application to acquire Community State Bank of Bradley.
View ArticleEnd of Bank of the Ozarks Mortgages May Not Signal Trend
Eagle Bank & Trust is ramping up its mortgage lending division while Bank of the Ozarks is shutting its down. What’s going on with home loans?
View ArticleFederal Crackdown on False Loan Claims Ensnares IberiaBank
When IberiaBank Corp. agreed in December to pay $11.7 million to settle allegations by Arkansas whistleblowers that it filed false claims for mortgage loan guarantees, it became the first lender...
View ArticleLawsuits, Foreclosures Dog Investor John Lewis as Debts Pile Up
Little Rock businessman John Taylor Lewis is no stranger to debt collection lawsuits and bankruptcy court thanks to the collapse of his Ram Venture Holdings effort in 2005-06.
View ArticlePromenade Properties Swap Hands in $3.4 Million Deal
Hospitable land in west Little Rock, retail space in Jacksonville, a future tire center site in North Little Rock, furniture room in Conway and residential property in Bryant form this week’s quintet...
View ArticleBank of the Ozarks Reports Record Profit for Quarter, 2017
Bank of the Ozarks of Little Rock reports record quarterly and annual profit.
View ArticleDow Jones Industrial Average Crosses 26K Points
U.S. stocks climbed in morning trading Tuesday, sending the Dow Jones industrial average past the 26,000-point mark for the first time.
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