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Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
When Nick Weith and Damien Mordecai bought their Gowanda, New York house in 2020, the Zillow listing read “Built in 1940.” But they knew better.The boxy silhouette. The Second Empire roof. It was clearly Victorian Era. That 1940 date? It had to be a placeholder.After a deep dive into the ...
Over the last few years, purchasing a home has felt a lot like competing in a triathlon.However, instead of vying for a trophy, home buyers have duked it out for the nation's limited amount of housing inventory. Spurred on by historically low mortgage rates and the desire for larger living spaces ...
As the construction market makes a comeback, you might be thinking of building your own dream home. But in an uncertain economy and with interest rates on the rise, you’ll want a financial solution that reduces your financial risk.Introducing – the Power of One. With a single-close construction-to-permanent loan from Valley, ...
Practically everything you want to buy costs exponentially more than it did even a few months ago. Americans across the country are struggling to manage rapidly rising costs on everything from grocery store items to gas for their cars. And now the cost of loans and credit cards is also ...
On Wednesday, the Federal Reserve announced an increase to its federal funds rate. This is the rate at which banks can lend each other excess reserves overnight. It is a benchmark rate, not the rate individual borrowers pay. But it affects the rates of both debt and savings.The increase announced ...
Last year was characterized by a housing market unlike any we have seen in recent memory; it was a seller’s dream and a buyer’s nightmare. The national median home price hit an all-time high in June at $362,800, and, according to Redfin, the typical home sold in just 15 days. ...
Housing prices are dropping.After a prolonged increase in housing prices, signals are now pointing to a cooling-off period. Instead of home buyers getting excited about this possibility, many wonder if buying a house during a recession is still a wise investment.While there are some exceptions, owning a home is still ...
So, you’ve got a great idea for a new business and an entrepreneurial spirit. Where do you go from here? Starting your own business is a big deal – along with the opportunity to be your own boss, it also comes with some risks. You can mitigate some of those ...
When the economy is in an economic downturn, businesses rolling out new products may face a dilemma – they want to actively advertise and market their latest launch, but they also need to reduce expenses and conserve cash flow. Fortunately, there are some effective ways to market your product that ...
When the economy slows down, business owners and executives may start to worry. How will they sustain revenue or continue to grow if consumers cut back on their spending? Recession woes can prompt business leaders to take actions that mirror consumer behaviors. They look for ways to reduce spending, including ...
If you’re like most people, you want to make the best financial decisions for yourself and your family but you also don’t want to sacrifice the health of the planet. In fact, a recent IBM Consumer survey found that 57% of consumers are willing to change their buying habits to ...
Rhonda Denise Rogers advocates for high-quality, educational services within vulnerable populations. Rhonda is a successful nonprofit leader and has mentored other women so that they can find success in their business and personal lives. She specializes in developing and overseeing new and innovative programs that provide a wide variety ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender