Author: badmortgage

The Institute of Student Loan Advisors (TISLA) is a nonprofit that provides free assistance for people with questions about paying for college. (WAND) – Under the One Big Beautiful Bill, significant changes were made to federal student loans and aid. One of the biggest areas of change was Parent PLUS loans. “The Parent PLUS loan that is still going to be available for parents of undergraduate students, but the maximum that a parent can borrow each year is going to be $20,000, where under the current program, they can borrow up to the cost of attendance,” explained Michelle Trame, executive…

DELMAR, NY (WRGB)- Months after financial turmoil at Swifty’s Restaurant and Pub, the business and its owners are now facing a new legal fight.NBT Bank is suing Swifty’s and owners David and Rebecca Swift, seeking foreclosure, according to court paperwork. The bank alleges Swifty’s defaulted on its monthly mortgage payments in November.NBT claims Swifty’s owes more than $108,000 on the mortgage, plus interest, and also owes money on an additional line of credit, plus interest. The mortgage, for $300,000, was taken out in 2009.The lawsuit follows a turbulent few months for the restaurant group. Swifty’s abruptly closed its locations in…

The cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.

Mar 31, 2026 Mortgage industry baffled by Trump’s MLO order; UWM criticizes Two Harbor A section of President Donald Trump’s recent executive order, titled “Promoting Access to Mortgage Credit,” caused… 18 2 Comments

The NCS Thea platform acts as a bridge between cautious financial institutions and capital-starved cannabis businesses.

Home equity lines of credit and home equity loans are seeing the highest consumer demand in years. Not only are homeowners sitting on record house values, but second mortgage interest rates are the lowest in three years. See the today’s rates below. According to real estate analytics firm Curinos, the average monthly adjustable HELOC rate is 7.20%. The national average on a home equity loan is a fixed-rate 7.47%. Rates are based on applicants with a minimum credit score of 780 and a maximum combined loan-to-value ratio (CLTV) of less than 70%. Choosing between a HELOC and a HEL is…

FILE PHOTO: A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. Mike Blake | ReutersA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.The all-important spring housing market is well underway, but expectations are falling short due to the war in Iran and its impact on both the U.S. economy…

Market conditions and the economy play a role in what HELOC lenders offer and who they’ll approve.  J Studios/Getty Images Thanks to shifting economic conditions, including the late-2025 rate cuts by the Federal Reserve, rates on home equity lines of credit (HELOCs) have been declining recently. At the same time, borrower interest in HELOCs has increased. Case in point? HELOC originations jumped almost 16% between the third quarter of 2024 and the third quarter of 2025, according to data from TransUnion. While that growing demand is great for lenders, they also have a lot to think about in terms of risk…

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Improved affordability and increased inventory helped the spring homebuying season get off to a strong start, but the recent rise in mortgage rates has pushed some buyers out of the market, according to ICE Mortgage Technology’s latest mortgage monitor report.Processing Content”Mortgage rates bottomed near 5.95% early this year, pushing affordability to its best levels in four years and helping drive two of the firmest monthly home price gains we’ve seen in over a year,” said Andy Walden, head of mortgage and housing market research at ICE, in a press release Monday. Home-price growth has been relatively stable over the past few…