News

Second quarter 2025 net income of $77.3 million and net income available to common stockholders of $73.0 million, up 86% and 95%, respectively, year-over-year Second quarter 2025 EPS of $1.58 per dilu ...
Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7% ...
Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.
The banking group has set aside an extra £4billion to lend to first-time buyers borrowing between 4.5 and 5.5 times their ...
As variable rate mortgages opened during the pandemic come under renewal, many Canadians are experiencing payment shock with an average 25% increase in mortgage repayments in last three years ...
Mortgage rates on July 17, 2025, hold steady as 30-year fixed sits at 6.625%. Here’s what today’s numbers mean for buyers and refinancers.
But in 2023 the average rate on a 30-year fixed mortgage was 6.8%, its highest in 22 years. Last year it was only slightly ...
Potential homebuyers may be able to save money with a little-known financing option, but they still need to watch their ...
A 5/1 ARM has an average rate of 5.98% today. You’ll typically get a lower introductory interest rate with a 5/1 ARM in the first five years of the mortgage. But you could pay more after that period, ...
Tariffs are pushing 10-year Treasury yields higher—here’s why that could mean bad news for your mortgage refinancing plans ...
High summer’s heat may be making home equity rates sleepy. The average rate on a $30,000 home equity line of credit (HELOC) ...
President Donald Trump said he won't fire Federal Reserve Chairman Jerome Powell but will replace him within the next year when his four-year term ends.