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      1,923 results found

      1. Fed keeps key rate near zero, sees inflation as 'transitory'
        WASHINGTON (AP) — The U. S. economy is quickly strengthening, inflation is showing signs of picking up and the nation is making progress toward defeating the viral pandemic. But on Wednesday, Chair Jerome Powell made clear that the Federal Reserve isn't even close to beginning a pullback in its ultra-low interest rate
      2. Increasing Your Mortgage by Hundreds of Dollars a Month Could Actually Save You Money. Here's How
        When mortgage rates started plunging to record lows back in the summer of 2020, my husband and I decided to take advantage of that situation by refinancing our mortgage. We wound up locking in a much lower interest rate on our loan due to market conditions (and the fact that we had good credit helped as well).
      3. Why supply chain security affects organizations everywhere
        Supply chain security is becoming a priority for organizations everywhere. The pandemic exposed the need for more secure and resilient supply chain
      4. While all businesses are facing challenges due to
        While all businesses are facing challenges due to high interest rates, inflation and staffing shortages, nonprofits have been hit especially hard.
      5. Why is LIBOR being discontinued?

        LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.

        In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.

      6. Homebuying Success
        Homeownership is one of the primary ways to build wealth, and as equity builds, it provides owners with a vital financial resource to tap. there is no “perfect” time to buy a home. Rates are continually fluctuating, and home prices are expected to moderate throughout 2023. The best time to buy is when you’re ready to b
      7. How CFOs Can Solve the Inflation Puzzle
        As concerns over the rise of economic inflation escalate, a stark reality emerges: There are legions of executives—even board members—who have never
      8. Adjustable Rate Mortgage (ARM)
        An Adjustable Rate Mortgage from Old National can help get you into a new home at a lower initial rate. Apply for your mortgage online.
      9. Lot or Land Loans
        Before building your home, talk to Old National about lot or land financing. We have options to fit your timeline, including our One Step Construction Loan.
      10. Construction to Permanent Loan
        Learn the typical qualifying criteria for Construction to Permanent Loans, as well as how it works, and how it differs from a traditional construction loan.