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Interest rate cuts expected to solidify strengthening economy
Speculation is high that the Federal Reserve will be cutting interest rates soon.
Digital first at PSECU
Pennsylvania State Employees Credit Union (PSECU) longstanding “digital first” innovation is at the heart of its business mission.
Spring ahead?
Optimism over falling interest rates and the idea of better residential housing transfers are encouraging indicators for Lehigh Valley and Central Pennsylvania markets.
Recession or not, small businesses struggle with cost of borrowing
The current cost of borrowing money is creating a dilemma for businesses who need capital to grow their enterprises.
Small business owners see U.S. economy improving
Tony Iannelli, president and CEO of the Greater Lehigh Valley Chamber of Commerce, sees business owners as cautiously optimistic about the economy.
High interest rates squeeze small businesses’ bottom line
The cost of doing business has increased with rising interest rates, squeezing small businesses’ bottom lines.
Strength in labor market reflected by rise in Citizens’ Business Index
Despite the risk of recession, Citizens Business Condition Index increased to 53.9 in the first quarter.
Domani Wealth details pros and cons of intra-family loans
It has been described by some as the “Bank of Mom and Pop,” the “Family Bank” by others. It’s an intra-family loan, and like the 1966 Clint Eastwood Western, it can be a case of The Good, the Bad, and the Ugly. “It’s a strategy we’ve used for our clients,” said Joseph Marmorato, CPA, and Manager of Tax Planning for Domani Wealth, which has offices in Lancaster, Hanover, York, an[...]
Higher interest rates bring changes to banking
Interest rates have risen dramatically in recent months. At the start of December, the average national mortgage rate, for example, was above 7% after being just above 3% in January.
Housing market slows as mortgage rates and consumer fears rise
The red-hot housing market of last year is increasingly slowing as interest rates and consumers fears rise.
For a conservative investment now may be the time for municipal bonds
The global financial markets coronavirus rollercoaster ride along with cultural and politic seismic shifts have some investors longing for investment stability. The municipal bond market is an attractive vehicle for those looking for tax advantages, portfolio diversification and contentment with conservative performance.
