US financial news live updates: Mortgage rates, inflation, Social Security payments…

US financial news live updates: Mortgage rates, inflation, Social Security payments…

Freddie Mac reported the weekly average for 30-year fixed-rate mortgages on Thursday which climbed for a fifth straight week.
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Mortgage lender Better has bad IPO before rebound – Fox Business

Better.com CEO Vishal Garg provides insight on earnings on 'Making Money with Charles Payne.' Better Home & Finance Holding shares rebounded Friday
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Fitch Affirms MRCC Senior Loan Fund I Financing SPV, LLC; Revises Outlook to Positive

Fitch Ratings-Chicago-25 August 2023: Fitch Ratings has affirmed the rating of the MRCC Senior Loan Fund I Financing SPV, LLC (MRCC) revolving
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Arizona fares slightly better as high mortgages, low inventory hit home sales

High mortgage rates and tight inventories are hitting home sales nationwide, but agents in Arizona say the continuing influx of new residents to
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Change Lending loses federal certification for non-QM originations

Non-bank originator Change Lending has apparently lost a certification by the U.S. Treasury Department to issue non-qualified mortgages for
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Maui government files lawsuit, accuses Hawaiian electric company of causing Lahaina wildfires

(CNN) — Maui County filed a lawsuit Thursday against Hawaiian Electric Company and its subsidiaries, alleging that the utility company's
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Homeowner stress bursts into view in Canada banks' mortgage data – BNN Bloomberg

The full effect of BoC hikes won't be felt until fixed mortgages … Up Next. 5:59. Amortization period extension for mortgage lenders.
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How a home mortgage 'lock in' impacts the entire housing market – WCAI

They were looking at the impact of mortgage rate lock-in on housing markets and labor markets. WONG: In a healthy housing market, you have first-time
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Binance Drops Sanctioned Russian Banks From Peer-to-Peer Service – WSJ

Asked about the banks' removal, a Binance spokesperson said: “We regularly … involved the sanctioned banks, primarily Rosbank and Tinkoff Bank.
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MPOWER Financing Student Loan Refinance Review – Money

We reviewed MPOWER Financing Student Loan Refinance, including pros and cons, pricing, offerings, customer experience and satisfaction,
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Key Leaders Gather in Washington DC to Discuss the Real Estate Market – Yahoo Finance

Tami Bonnell, Co-Chair, EXIT Realty Corp. International Mrs. Bonnell will address the gathering on the subject of leading through changing times.
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Live Oak Bank names BJ Losch as new president, replacing Huntley Garriott | WilmingtonBiz

William “BJ” Losch, the company's chief financial officer and chief banking officer, will serve as bank president, effectively immediately, according
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First Home Mortgage Corporation Expands to Sevierville, TN with New Branch Led by … – FOX19

BALTIMORE, Aug. 25, 2023 /PRNewswire/ — First Home Mortgage Corporation, a leading mortgage financing company, has announced the opening of a new
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Zillow to offer a 1% down payment loan program | Money – KXLY.com

Washington, DC (CNN) — For buyers facing affordability challenges getting into a home of their own, Zillow Home Loans is rolling out a new option:
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Commentary: For financial advisors, home equity is an 'idea whose time has come'

Reverse mortgage industry manager Paul Donohue offers thoughts on why home equity lending, and reverse mortgages, should have greater
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How a home mortgage 'lock in' impacts the entire housing market | WYPR

The average mortgage rate in the U.S. is now over 7%, its highest level in more than 20 years. That has some homeowners feeling locked in,
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Zillow Offers 1% Down Payment Plan as Mortgage Rates Rise | Entrepreneur

Zillow introduces 1% down payment mortgage program to aid unaffordable housing woes. The program's initial launch in Arizona, with plans for expansion
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Who qualifies for $0 student loan payments? – FOX 8 News

Top Stories · More Stories · Latest Video Headlines · Fox 8 Cleveland WJW Video · More from Fox 8 Cleveland WJW · Sign up today for your Cleveland Browns
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Mortgage rates are very high, but if you can't wait to buy, you can make that work to your advantage

Example video title will go here for this video. Despite the scary number, experts are advising buyers *not to end their house hunting just yet.
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Low inventory, high interest rates strap Va. housing market – Virginia Business

Smith said in a statement. “With mortgage rates at a 20-year high and a low supply of homes on the market to move into, some would-be sellers are
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