Fresh Today

Fresh Today

TEMPE, Ariz.–Used car retailer Carvana, with which some credit unions have partnered on lending as other CUs have expressed interest, reported it is laying off 1,500 employees, or about 8% of its workforce.

WASHINGTON–Mortgage rates, which have been steadily rising and which have combined with high home values to price many would-be buyers out of the market, took a sharp drop last week after a number of economic reports that indicated inflation may finally be easing.