KeyBank CEO sees no break in housing logjam
The average rate for a 30-year fixed mortgage has climbed to 7.13%, according to the Mortgage Bankers Association.
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The average rate for a 30-year fixed mortgage has climbed to 7.13%, according to the Mortgage Bankers Association.
This was the 11th consecutive time Cleveland-based Key received the highest possible CRA rating, the bank said. Key's exam covered a period from the start of 2019 through the end
Banks are hardly giving up on branches. New ones are opening, and some existing ones remain busy places.
The bank is using a recent fintech acquisition to embed its services in merchant categories like health care and philanthropy, which have typically lagged in the move to digital commerce.
GradFin offers advisory services to Americans who want assistance with their student loans. The acquisition is part of the Cleveland bank’s strategy of adding niche digital businesses.