In the wake of the pandemic, one word has remained top of mind for the Federal Reserve: inflation. While headline PCE inflation has come down from its peak of 7% last year, it is still running at 5% year-over-year — way above the Fed’s long-run target of 2% annually....
Canadian wildfire smoke isn’t the only thing in the American air today – the latest TransUnion (NYSE: TRU) Consumer Pulse found a heavy cloud of pessimism about the state of the economy mixed with some buoyant optimism about personal finances. First, the bad news. In...
Inflation is hammering homeowners who were previously eager to pursue renovations on their residence, according to a new survey from Discover Home Loans. However, a challenging economy is also keeping most of their homeowners from moving out and searching for a new...
The U.K. housing market experienced the removal of roughly 800 mortgage deals from the market last week as the nation faces growing uncertainty over interest rate hikes. According to the data resource Moneyfacts, the number of residential mortgages on the U.K declined...
While Americans are dealing with mortgage rates in the mid-6% range, their U.K. counterparts are being warned that they will be burdened with 5%-plus fixed-rate deals in the coming weeks. According to a report in The Guardian, the publication on Wednesday that April’s...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
