interest rate

February 20, 2020

Prime Consumers Shift Toward Used Vehicles

As average vehicle loan amounts and monthly payments continue to climb, consumer preferences are shifting to used vehicles as they look to maintain their financial health.  […]
February 13, 2020

Commercial and Multifamily Lending Hits New Record

Despite a drop in multifamily loan volume, industrial, health care, office and retail originations pushed overall multifamily and commercial mortgage lending to unprecedented heights, according to […]
February 5, 2020

Homeownership Reaches Highest Rate Since 2013

The U.S. homeownership rate rose to a six-year high in the fourth quarter, led by gains among young people and low-income Americans. The nationwide rate was […]
February 4, 2020

Affordability Improves; Foreclosure Rate Hits 14-Year Low

With steady home price appreciation and falling interest rates, by some measures the shares of distressed mortgages existing in the market shrunk to record lows, according […]
January 10, 2020

Mortgage Rates Show Stability in 2020

If the first weekly Freddie Mac report of the year is any indication, there could be far less volatility for fixed mortgage rates in 2020 than […]
January 7, 2020

Auto Lenders and Borrowers to Weather Headwinds in 2020

Analysts are anticipating U.S. consumers to have another year of positive credit activity, marking one of the longest periods of sustained consumer credit health in recent […]
December 19, 2019

Mortgage Fraud Risk Reaches Turning Point

Loan defect risk in purchase applications stopped falling and plateaued in October, according to First American Financial Corp.’s latest report. “Defect risk for purchase transactions broke […]
December 18, 2019

Subprime Mortgages Begin to Inch Up

The percentage of recent mortgage borrowers with subprime credit scores still resides in the single digits, but nearly doubled what is was in 2013, according to […]
December 10, 2019

Household Debt Spikes to Record $14 trillion

U.S. household debt rose to a record $14 trillion in the third quarter, led by an increase in mortgage loans, according to the Federal Reserve Bank […]