increase

Local residents gather at Fayetteville's The Commons Bar & Café in Northwest Arkansas, one of the nation’s fastest-growing metropolitan areas, according to recent census data. (Photo credit: Northwest Arkansas Council)

Migration to NW Arkansas fuels state’s population growth in 2022

BY: - January 31, 2023

BENTONVILLE, Ark. – Jasmine Hudson never thought she would be a long-term Arkansas resident after moving to the Bentonville area to take a job with Walmart Inc. The Tennessee State University graduate joined the Arkansas retail giant nearly a decade ago. She left the company during the COVID-19 pandemic to start her own business with […]

COMMENTARY
A "For Sale" in front of a house. Mortgage rates have fallen over the past month but remain above 2021 levels, leaving homes sitting on the market longer than during the pandemic boom.

The Fed hiked interest rates for the 7th time this year, so why are mortgage rates coming down?

BY: - December 15, 2022

The Federal Reserve raised interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, the seventh increase this year. So far in 2022, the Fed has lifted its benchmark short-term rate, which influences most other borrowing costs in the economy, by 4.25 percentage points from a low […]