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What's next for US interest rates?
The Week via Yahoo Finance· 5 days agoWhile the impact might feel gradual initially, continued increases ultimately can make paying off debt more challenging. Lock in rates if you can. For...
How Reverse Mortgages Work
Investopedia· 7 days agoHow does a reverse mortgage work? Generally, a reverse mortgage enables a homeowner age 62 or older to access equity in their home without making...
As Home Values Soar, Americans Are Sitting on Record High Home Equity
The State· 4 days agoAccording to a new report by data analytics firm Intercontinental Exchange (ICE), American homeowners with mortgages held nearly $17 trillion in home equity
IRS update reveals how homeowners could save thousands
Newsweek· 3 days agoThe Internal Revenue Service (IRS) is urging taxpayers to make energy-efficient updates to their...
Fed SLOOS Survey: Banks reported Tighter Standards, Weaker Demand for almost All Loan Types
Calculated Risk· 6 days agoThe April 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to businesses ...
Can you increase your HELOC limit? 2 ways to do it
CBS News· 5 days agoThis makes HELOCs an attractive option for those who need access to funds over an extended period or those who need to borrow for multiple projects or...
Unlocking Homeownership: Webster First FCU’s Guide to Mortgage Solutions - Banker & Tradesman
Banker & Tradesman· 3 days agoWebster First Federal Credit Union has been helping members with their lending needs since 1928. In 2023, they lent over $64.6 million in mortgages and home
Is a debt consolidation program a good idea?
CBS News· 5 days agoAfter all, when interest rates are high overall, variable-rate debt, like credit card debt, tends to cost a lot more than it otherwise would. While many...
INSBANK Parent InsCorp Reports First Quarter Results and Declares Quarterly Cash Dividend
Loudoun Times-Mirror· 5 days agoInsCorp generated a ROA of 1.06% and ROE of 9.5% in the first quarter of 2024 compared to 1.28% and 11.1%, respectively, in the first quarter of 2023. Excluding gains and losses from hedging ...
You just heard your college-bound child is getting less aid than you hoped. Now what? | CNN Business
CNN.com· 3 days agoThe good news is your child got into college and is preparing to enroll this fall. The bad news is...