News
Mortgage Applications Decrease In Latest MBA Weekly Survey
1+ hour, 15+ min ago (329+ words) WASHINGTON--Mortgage applications decreased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 10. Last week’s results included an adjustment for the Fourth of July holiday. The refinance…...
Freddie Mac: 30-Year Mortgage Rate Rises To 6.49%
5+ day, 20+ hour ago (141+ words) CU Today MCLEAN, Va.â Mortgage rates edged higher this week but remained in the mid-6% range, with the average rate on a 30-year fixed-rate mortgage climbing to 6.49%, according to the latest weekly survey from Freddie Mac.The 30-year…...
CFPB Seeks Input On Mortgage Rule Changes To Ease Regulatory Burden
6+ day, 1+ hour ago (137+ words) CU Today The issued request is due to an Executive Order directing agencies to provide credit unions and other community financial institutions with relief related to mortgage laws, rules, and regulations, ACU said. Specifically, the CFPB is requesting information on…...
Mortgage Applications Decrease In Latest MBA Weekly Survey / Fresh Today / CUToday.info
1+ week, 1+ hour ago (326+ words) WASHINGTON — Mortgage applications decreased 2.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 3. This week’s results include an adjustment for the Fourth of July holiday. The refinance…...
Waller Warns Rigid Forward Guidance Can Delay Fed Action, Weaken Policy Transmission
1+ week, 1+ day ago (314+ words) CU Today ROME, ItalyâÂÂFederal Reserve Governor Christopher J Waller said central banks must focus on current economic conditions rather than historical averages when setting monetary policy, arguing that the unique circumstances following the pandemic demonstrate why "initial conditions…...
Mortgage Rates Fall To Seven-Week Low As Homebuyer Demand Edges Higher
1+ week, 5+ day ago (208+ words) CU Today MCLEAN, Va.âÂÂMortgage rates declined for the second consecutive week, with the average 30-year fixed-rate mortgage falling to its lowest level in seven weeks, offering a modest boost to affordability as home purchase demand continues to…...
Florida Launches Antitrust Probe Into FICO, Alleges Credit Score Giant Abused Monopoly Power
1+ week, 5+ day ago (269+ words) CU Today TALLAHASSEE, Fla.â Florida Attorney General James Uthmeier has opened an antitrust investigation into Fair Isaac Corp (FICO), alleging the company may have abused its dominant position in the credit-scoring market by raising prices, suppressing competition and…...
Fed: Credit Card Use Outpaced Debit Growth for First Time In Nearly A Decade
1+ week, 6+ day ago (236+ words) CU Today WASHINGTONâÂÂAmericans continued shifting away from checks and cash in 2024, with the number of noncash payments climbing to a record 236.6 billion and credit card use growing faster than debit card transactions for the first time in nearly…...
Mortgage Applications Increase In Latest MBA Weekly Survey
1+ week, 6+ day ago (327+ words) WASHINGTON— Mortgage applications increased 0.04% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 26. Last week’s results included an adjustment for the Juneteenth holiday. The refinance share of…...
Mississippi Tops Nation in Debt Delinquencies, WalletHub Finds
2+ week, 1+ day ago (225+ words) MIAMI—Mississippi had the highest rate of debt delinquencies in the nation during the first quarter of 2026, according to a new analysis from WalletHub that found Southern states dominate the rankings for borrowers falling behind on payments. The personal finance…...