MICHIGAN CITY | Horizon Bancorp, the parent company of Horizon Bank, announced its second acquisition in fourth months.
The banking sector remains strong despite in dip in mortgage activity and a wave of consolidations, a Northwest Indiana banker said.
Michigan City-based Horizon Bancorp, the parent company of Horizon Bank, is reporting the highest full-year profit in its history.
MERRILLVILE | Centier Bank reported $6.8 million earnings for the third quarter, which is down from the $7.2 million in profits the privately owned bank announced during the same period last year.
The banking sector has been improving gradually over the last couple years, and should continue to make positive gains, a Northwest Indiana banker said.
A Michigan City-based bank earned national recognition for being tech-savvy.
Consumer sentiment has been improving, but the economy still has weakness, a Northwest Indiana banker said.
Merrillville-based Centier Bank said its first-half profit increased by 24.3 percent over the same time last year to $13.8 million, according to a news release.
If you're considering buying a home, some experts think you should get a move on it.
Often misunderstood, reverse mortgage provides income for borrowers during retirement.
The Federal Housing Finance Agency wants to adjust fees homeowners in Illinois and four other states pay to Fannie Mae and Freddie Mac to guarantee their single-family home mortgages.
Stabilization of the US housing market relies heavily on confidence in the strength of economic recovery, and recent economic news has done little to build household confidence.
When you act now and take advantage of the fact that homes more affordable than they've been in the past 35 years along with the fact that interest rates remain at historic lows, the result could be smaller monthly payments that can be held in check for up to 30 years with a fixed-rate mortgage.
The Michigan City-based parent of Horizon Bank said the profit it earned in the first half of 2011 is the highest in its history.
Because the purchase of a home is one of the largest investments most people will make in their lifetime, securing the right financing is just as important as finding the right home. After all, a home loan can impact your budgeting and financial planning objectives for years to come.
Following the mortgage meltdown, new rules are changing the way mortgages are being offered to borrowers: Here’s what to know about shopping for a loan today
Live and learn.
INDIANAPOLIS | A new law, sponsored by three Northwest Indiana state senators, will help nonprofit groups such as Habitat for Humanity continue their work.
"Our confirmed appointments for showings are running 2-3 times higher than they were 90 days ago, so we're very encouraged," Herm Hoge, broker/owner along with his wife Kris of Munster's RE/MAX Realty Associates, said. "Honestly, it's as busy as it's been in 2 years. I think it took a while …
In the late ‘80s, the FHA insured the first HUD reverse mortgage, known as the Home Equity Conversion Mortgage, which remained essentially unchanged for more than 20 years. Last October, however, HUD introduced a new wrinkle for seniors interested in saving money on a reverse mortgage: the H…
Mortgage interest rates played an enticing game of "how low can you go" limbo late last year, with fixed-rate 30-year mortgages averaging a historic low of 4.17 percent the week of November 11. But they've since crept up, recently eclipsing 5 percent, according to the most recent weekly nati…
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