Will home equity loan interest rates fall in November? [CBS News]
TrustCo Bank Corp NY (TRST)
Last trustco bank corp ny earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=100465
Company Research
Source: CBS News
With a home equity loan , homeowners can access funds in a lump sum, while a HELOC offers them the ability to borrow as needed from a line of credit, up to a set limit. Traditionally, both home equity and HELOC rates have been affordable because they're secured debts, which means there's lower risk for lenders. However, as inflation surged in the post-pandemic era and the Federal Reserve raised interest rates in response, home equity borrowing rates climbed to their highest level in years. Those high borrowing costs couldn't last forever, though. The Federal Reserve cut rates in September for the first time in years, and predictions of home equity loan rate drops in the summer of 2024 came true. Declining rates left some borrowers wondering if they should get a home equity loan in 2024 , while others have been waiting for interest rate forecasts for the fall to help them decide if additional savings will be available after another rate drop . There's also the question of whether a
Show less
Read more
Impact Snapshot
Event Time:
TRST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRST alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRST alerts
High impacting TrustCo Bank Corp NY news events
Weekly update
A roundup of the hottest topics
TRST
News
- TrustCo Bank Corp NY: A Standout No Matter the Economic EnvironmentGlobeNewswire
- TrustCo Continues Uninterrupted Century-Long Streak of Dividend Payments – Declares $0.36 Per ShareGlobeNewswire
- How far will mortgage interest rates fall in November? [CBS News]CBS News
- TrustCo Bank GAAP EPS of $0.68, revenue of $43.6M [Seeking Alpha]Seeking Alpha
- Trustco Reports Third Quarter 2024 Net Income of $12.9 Million; Skillful Application of Strong Fundamentals Produce Solid ResultsGlobeNewswire
TRST
Earnings
- 7/22/24 - Beat
TRST
Sec Filings
- 11/25/24 - Form 4
- 11/25/24 - Form 4
- 11/25/24 - Form 4
- TRST's page on the SEC website