Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.

Both HELOCs and home equity loans turn your home equity into cash, but that's done differently for each. With home equity ...

Looking forward, PennyMac plans to maintain its pace of securitization activities, aiming for one deal per quarter. The company is also exploring opportunities in jumbo loans and prime non-QM loans, ...

Most economists were expecting mortgage rates to fall over the course of the coming year. But rates have risen steadily over the last month, inching back up to 7% — and they’re expected to ...

While the mortgage rates have risen despite the Fed cutting rates, potential homebuyers are left with the choice to either ...

At its January 2025 meeting, the Federal Reserve opted to hold its target interest rate steady, leaving the low end of the range at 4.25%. "The (Fed) is strongly committed to supporting ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

For homeowners looking to tap record amounts of home equity, the good news could well be ongoing. Bankrate Chief Financial ...

LendingClub has potential for growth, with stable rates and excess capital to drive earnings in 2025/2026. Read more here.

A small business loan is a source of capital that can help you stock your shelves, buy new equipment or expand your footprint. Business owners can access financing through traditional banks ...

BEIJING, Jan. 20 (Xinhua) -- China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Monday, unchanged from the previous month. The over-five-year LPR, on ...