Wells Fargo is committed to helping customers impacted by offering the tips to help plan in advance for worst-case scenario. Cick through to read more.
Read More »President Trump Comments on Fed’s Interest Rate Stance
A report by Bloomberg states that President Donald Trump has accused the Federal Reserve of behaving like a “stubborn child” as it decided to not lower interest rates. “Now they stick, like a stubborn child, when we need rates cuts, ...
Read More »Improving Efficiency in Home Buying is Goal of New Apps
Rhode Island-based Citizens Bank launched digital tools that aimed to make the home-buying experience seamless and efficient. The new Your Home Rewards from Citizens Bank program, digital loan platform and Citizens One loan servicing mobile app collectively bring new capabilities ...
Read More »Mortgage Bank Names New Bank Secretary Act Officer
Gateway First Bank, one of the ten largest banks in Oklahoma and one of the largest mortgage bank operations in the United States, announced the appointment of Tiffany Sizemore as its Bank Secrecy Act (BSA) Officer. In this role, Sizemore ...
Read More »New Digital Lending Experience Launched by Two Companies
HSBC Bank USA, part of the HSBC Group, a banking, financial services organizations, announced that launched a digital home lending experience powered by Roostify. The partnership provides customers with a digital solution that is a faster, easier and less stressful ...
Read More »Home Sales Data for May Reveals Positive Outlook
Existing home sales recorded an increase in May for the first time in two months, rising 2.5% from the month prior, according to the National Association of Realtors (NAR). The total number of home sold increased to 5.34 million in ...
Read More »The Struggles of Saving for a Home
According to Unison’s 2019 Home Affordability Report, it now takes 14 years for those making a median income to save for a 20% down payment on a median-price homes, meaning many prospective millennial homebuyers won’t achieve homeownership until their 40s. ...
Read More »The Fed’s Decision on Interest Rates
The Federal Reserve met Wednesday to decide if it was going to reduce interest rates. Here's how the industry is reacting to the latest Fed meeting.
Read More »Roadblocks Along the Path to Homeownership
A new report reveals that one particular metric could be the biggest barrier to homeownership. Click through to read more.
Read More »Fed to Cut Interest Rates in 2019?
A study from WalletHub found that 76% of people support a cut in the Federal interest rates, and the probability of a rate cut increases as 2019 continues. WalletHub states that there is a 23% chance the Federal Reserve will ...
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