February Spending Flat in February as Consumers Take ‘Wait & See’ Approach 03/21/2024 07:29 pm RANCHO CUCAMONGA, Calif.—February spending was flat compared with the prior month, in line with normal seasonal trends, according to PSCU/Co-op Solutions’ newest data.
Increase in Mortgage Rates Leads to Small Downgrade in Forecast for Home Sales, Mortgage Originations 03/21/2024 07:30 pm WASHINGTON–The increase in mortgage rates in February has driven a modest downgrade to expectations for total home sales and mortgage originations in 2024, according to the March 2024 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Key to Strong HELOC Volume Identified 03/21/2024 08:18 pm CHICAGO—Economic conditions are right for a comeback in home equity lending this year, says TransUnion, which is forecasting a solid year for the product—but only if lenders can focus on consumer education.