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WASHINGTON–Mortgage lenders have begun adjusting their lending forecasts for 2017 following changes in interest rates.

LOMBARD, Ill.—Another study shows that consumers still want to do business at the branch.

WASHINGTON–The average rate on the 30-year, conventional, fixed-rate mortgage jumped to 3.77% in November from 3.47% in October (highest rate since January at 3.87%), according to the National Association of Realtors (NAR). The average commitment rate for all of 2015 was 3.85%.

ONTARIO, Calif.—Credit unions now claim about 22% of the overall auto lending market, a percentage that has been increasing despite the slowdown in new vehicle sales.

SANTA ROSA, Calif. — Redwood Credit Union (RCU) has hired Lisa Heath as executive vice president and chief financial and risk officer.

EAU CLAIRE, Wis.– Royal Credit Union (Royal) has named Karlee Wallin as Small Business Lending Officer. 

WASHINGTON—CUNA has formally kicked off its Campaign for Common-Sense Regulation, a CUNA/league effort to drive CU industry support to eliminate excessive regulations on credit unions.

WASHINGTON—Contributions to CUNA’s Credit Union Legislative Action Council (CULAC) exceeded $5 million in 2106, the trade association reported.

ST. PETERSBURG, Fla.–Since the EMV liability shift on Oct. 1, 2015, PSCU is reporting it has seen a 20% reduction in fraud that it is attributing to the implementation of EMV technology.

BLOOMINGTON, Minn.–The $270-million Richfield-Bloomington Credit Union has named Gregory Worthen as its new CEO.