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Mortgage/CRE

Interest rates remain top concern for first-time homebuyers
The new loss mitigation home retention option will help those falling behind on mortgage payments
Almost 50% of all credit card holders are carrying credit card debt
Interest rates on 30-year fixed rates approaching 6.5%
Analysts believe that inflation may fall even quicker than expected
The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
While housing demand increased, it was still more than 20% below this time in 2022
Investors are starting to jump into the stock market again
The community bank organization urged the federal agency to be cautious when introducing changes to the Federal Home Loan Bank System
A much-anticipated review has set out plans for modernizing the FHLBank system
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