ST. LOUIS–The majority of homebuyers over the past few years said they were forced to make compromises in both their purchases and their financing when it came to finding their dream homes, according to a new survey.
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COSTA MESA, Calif.–With the cost of the average new vehicle loan hitting a record-high of $40,290 during Q2, the average monthly payment for a new vehicle loan rose to $667 in the second quarter, up nearly 15% from a year earlier, according to new data from Experian.
WASHINGTON — President Biden has announced a new round of federal student loan debt relief, saying he is cancelling $10,000 in debt for those earning less than $125,000 per year and $20,000 for those who had received Pell grants for low-income students.
WASHINGTON—Homebuilding in the United States fell to its lowest level in nearly 18 months in July as higher mortgage rates and prices for construction materials weighed down growth.
NEW YORK–A new report suggests more and more car buyers are having difficulty keeping up with auto loan payments—but raises the question over why repossessions aren’t rising.
MADISON, Wis.–Nevada has become the latest state to launch CUNA’s Your Money Further campaign, better known to many as the “Open Your Eyes” national awareness initiative.
SPOKANE, Wash.–Credit unions here have entered into a partnership with the Spokane Low Income Housing Consortium as part of an effort to address a waiting list that can be as long as three years to obtain low-income housing.
LAWRENCEVILLE, Ga.—Used car values in July softened for the second consecutive month, finally pushing down wholesale prices, Black Book reported.
ATLANTA–Equifax has confirmed it sent the erroneous credit scores to lenders of all asset sizes on people applying for auto loans, mortgages and credit cards and more during mid-March through early April of this year.
WASHINGTON–For the first time in 13 years, an update to the guidance to regulators on commercial real estate loan workouts is being proposed, and it includes a 60-day public comment period.