Newtek Business Services Corp. Reports First Quarter 2022 Financial Results | News

Newtek Business Services Corp. Reports First Quarter 2022 Financial Results | News

BOCA RATON, Fla., May 04, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp.  (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), announced today its financial and operating results for three months ended March 31, 2022. First Quarter 2022 Financial Highlights Total investment income of $20.3 million for the three months ended March … Read more

How the Fed’s Interest Rate Hike Affects Buyers and Homeowners | Immovable

How the Fed’s Interest Rate Hike Affects Buyers and Homeowners |  Immovable

Holden Lewis What the Federal Reserve did and why The Federal Reserve raised a fundamental interest rate on Wednesday. As a result, mortgage interest rates will likely rise, and home equity line of credit rates will certainly rise. The Fed raised its federal funds rate target by 0.25%, or a quarter of a percentage point. … Read more