State officials recently announced nearly $26.17 million in loans, grants, tax credits and other forms of financing that will help get developments totaling 658 new housing units, 381 of which will be affordable housing.
Stamford-based Patriot Bank has to file a strategic plan with federal bank regulators and submit to extra oversight after being designated as “troubled” by the Office of the Comptroller of the Currency.
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the U.S. economy as he promised.
A landmark building in downtown Mystic has traded hands for nearly $3 million in a transaction that will help a 127-year-old family business find a location for its expansion.
When a family member passes away, their loved ones sometimes become homeowners unexpectedly. In these situations, servicers are supposed to help, but some just steer borrowers into costly refinances.
In the midst of consolidation and bigger banks eating up small institutions, Charlyn Tanner is looking to help Dutch Point Credit Union keep up with the times.
The Connecticut Department of Banking and financial regulators in 48 other states have jointly levied an $80 million fine on the peer-to-peer payments company CashApp and its Block Inc. mobile payments service.
With a stronger economy, among other things, boosting consumer confidence, the outlook for home remodeling activity appears to be improving.
After losing its anchor tenant in 2023, the troubled CityPlace I tower in downtown Hartford could be headed for another storm.
JPMorgan’s net income soared 50 percent, and other major banks reported banner earnings for the year.
The income required to afford a starter home across the nation has risen significantly since 2019.
Blighted and underutilized properties are being targeted for adaptive reuse and redevelopment in Connecticut’s largest cities, setting the stage for some of the state’s notable projects moving forward in 2025.
Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.
New York City investor Brixmor Property Group says it bought Manchester’s Plaza at Buckland Hills for over twice its appraised value.
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.
A 10-agent team has jumped from one brokerage brand to another in central Connecticut.
The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their competitors to boost profits.
Steven Miller, a Realtor in Coldwell Banker’s North Haven office, has begun his one-year term as the 2025 president of CT Realtors.
While Greater Boston jumped 10 spots in Zillow’s hottest markets rankings compared to 2024, the market was still outpaced by the likes of Hartford and Providence, Rhode Island.
The new owners of an office building near North Haven’s town green are eyeing a residential conversion, according to the brokerage in the sale.
