Cheaper HELOC Rates, Cash Needs Might Finally Lead to a Home Equity Lending Boom
Jun 2, 2025A new report found that the typical monthly payment to borrow $50,000 via a home equity line of credit (HELOC)...
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Mortgage
Federal Reserve rejects Trump’s political pressure in rare public statement
Jun 1, 2025Powell reaffirmed that the Fed “will set monetary policy, as required by law, to support maximum employment and stable prices...
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Mortgage
Citi invests in business purpose lender Vontive
May 31, 2025Vontive, which is a fintech specializing in business purpose mortgages, has received an investment from Citi, which also acted as...
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Mortgage
Virgin and Clydesdale latest lenders to ease stress tests – Mortgage Strategy
May 30, 2025Clydesdale Bank and Virgin Money have become the latest lenders to ease their home loan stress rates, allowing customers to...
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Mortgage
High Mortgage Rates Are Delaying Home Purchases
May 29, 2025This morning, the National Association of Realtors (NAR) reported that pending home sales dropped 6.3% in April from a month...
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Mortgage
Faced with mounting affordability challenges, millennials are fleeing large cities
May 28, 2025“Often the challenges center on affordability,” he said. “The millennial buyer has more ongoing monthly expenses than previous generations. Thirty...
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Mortgage
Feds drop redlining consent order for Trustmark National Bank
May 27, 2025Trustmark National Bank is enjoying an early exit from a consent order stemming from a Biden-era redlining investigation. The Jackson,...
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Mortgage
FCA encourages lenders to ‘rebalance’ mortgage risk – Mortgage Strategy
May 26, 2025The Financial Conduct Authority challenged lenders to “rebalance” how they view risk by looking at savings when weighing up mortgages...
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Mortgage
Mortgage Rates Are Still Expected to Come Down By the End of 2025
May 25, 2025With so many calls for higher mortgage rates lately, now might be the perfect time to play contrarian. It’s something...
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Mortgage
Supreme Court signals support for Fed autonomy amid broader executive power shift
May 24, 2025Still, the majority’s carveout could represent a pivotal moment for central bank independence. For nearly a century, Congress has relied...
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