On Wednesday, Oct. 28, the Federal Reserve announced that central bankers would leave the federal funds rate unchanged. Since this was in line with market expectations, mortgage rates shouldn’t have much of a reaction — yet.The average rate on a 30-year fixed-rate mortgage slid 10 basis points to 7.17% APR in the week ending Oct....
(The Center Square) – The Federal Reserve held interest rates steady Wednesday, a decision that does little for homebuyers facing mortgage rates near 7.3% and builder confidence that is at a 14-year low.
The Rural South Institute (RSI) hopes that a farmer's success will inspire another agricultural producers in the Black Belt to sign up for the…
Montgomery Mayor Steven Reed wants the city to issue $375 million in general obligation warrants for his “Momentum 2040” initiative, but some …
The U.S. Small Business Administration (SBA) will host an information session on small business funding through its loan programs in Selma on May 6.
Communities Unlimited (CU), a nonprofit Community Development Financial Institution (CDFI), has extended its lending program to businesses in …
Enrollment is now open for a popular training program for entrepreneurs sponsored by the Edmundite Missions Business Institute.
The Demopolis City Council voted to allow the Tombigbee Healthcare Authority to use the city’s line of credit for another year while the autho…
The Selma City Council took the steps to keep new dump trucks cycling through the city’s public works department.
Enrollment is now open for a popular training program for entrepreneurs sponsored by the Edmundite Missions Business Institute.