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Brad Cornelius, CEO of Farm Credit of the Virginias. Photo courtesy Farm Credit of the Virginias
May 1, 2025

Farm Credit of Virginias CEO to retire

Brad Cornelius will retire in late 2025 after leading Farm Credit of the Virginias for five years. He grew the cooperative's loan portfolio to $2.3B and 12,500 customer-owners.

Average US rate on a 30-year mortgage edges higher, ending a seven-week slide
Mar 14, 2025

Average US rate on a 30-year mortgage edges higher, ending a seven-week slide

The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for home shoppers just in time for the spring homebuying season. The average rate rose to 6.65% from 6.63% last week, mortgage buyer Freddie Mac said Thursday, March 13. A year ago, […]

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