Author: badmortgage
Alignment Credit, a provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to GOAT Foods to refinance previous debt facilities and provide capital for growth. “Alignment Credit’s financing empowers GOAT to accelerate the growth of its iconic brands. With this strategic debt capital partnership, we will expand our online presence, increase sales and continue to deliver exceptional customer experiences,” Warren Struhl, co-founder of GOAT, said. “We are excited to partner with Alignment Credit as the team was collaborative and understood our needs well.…
Dean of WashU Law Stefanie Lindquist explains WashU’s new loan program to offset caps on federal loans. (Bri Nitsberg | Managing Photo Editor) WashU Law will begin to offer supplemental loans to law school applicants this upcoming fall. The loans, which will cover up to $25,000 per year and carry a 7.5% interest rate, will be guaranteed for students who have exhausted all other federal loan options. WashU will be the first private law school to establish a private loan program and the second law school nationwide, the other being offered at the University of Kansas. The decision to launch…
The metro area surrounding Connecticut’s capital is drawing buyers from Boston and New York City, and it doesn’t have enough housing stock to keep up with demand
(NEW YORK) — Mortgage rates have climbed to their highest level since September as fallout from the Iran war ripples through financial markets, Freddie Mac data on Thursday showed. The average interest rate for a 30-year fixed-rate mortgage jumped to 6.46%, continuing a weeks-long surge since the war began on Feb. 28, during which time mortgage rates have increased nearly half a percentage point. Mortgage rates remain slightly lower than this time a year ago, when the average rate for a 30-year fixed mortgage stood at 6.64%. The recent spike in borrowing costs risks further strain on U.S. households as…
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.343%, down roughly a basis point from the day before, according to data from mortgage data company Optimal Blue. Meanwhile, the average rate for a 15-year, fixed-rate conforming mortgage loan is 5.692%, up approximately 2 basis points for the same period. Compare mortgage rates for April 3, 2026 Here’s a quick look at week-over-week rate changes. Mortgage TypeRateRate A Week BeforeApproximate Basis Points Change30-year conventional6.343%6.356%-215-year conventional5.692%5.734%-430-year jumbo6.596%6.535%+630-year FHA6.092%6.088%030-year VA6.003%5.966%+330-year USDA5.987%5.982%+130-year conventionalRate6.343%Rate A Week Before6.356%Approximate Basis Points Change-215-year conventionalRate5.692%Rate A Week Before5.734%Approximate Basis Points Change-430-year jumboRate6.596%Rate…
A new federal law set to take effect this summer could have major repercussions for existing Parent PLUS borrowers if they don’t act fast, financial aid experts say. The One Big Beautiful Bill Act, passed last year, includes the largest overhaul to the federal student aid system in decades. Part of that overhaul limits the number of loan repayment and debt forgiveness options available to borrowers. More specifically, it will prevent new Parent PLUS borrowers with a high debt-to-income ratio and those who work in civil service jobs from taking advantage of income-driven repayment plans and the Public Service Loan…
Bob Knakal and the BKREA Team Proprietary dataset of 29,000+ NYC property transactions reveals the two variables that consistently predict market peaks and troughs. New York, NY, United States, April 3, 2026 — BKREA, a New York City commercial real estate brokerage firm, has released findings from its landmark 42-year analysis of Manhattan investment property sales, identifying unemployment rates and federal tax policy as the two most powerful and consistent predictors of transaction volume in the Manhattan real estate market. The study draws from one of the most comprehensive proprietary datasets in U.S. commercial real estate history — tracking more…
The current average refinance rate on a 30-year, fixed-rate home loan is 6.42%, according to data from the popular real estate marketplace Zillow. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps to tap home equity, read on to see average refi interest rates for a variety of loan types and terms. You can also see the prior day’s report here. Current refi rates data Note that Fortune reviewed the most recent Zillow data available as of April 2. How mortgage refinancing works Boiled down to the basics, a mortgage refinance replaces your existing…
Homeowners with some tolerance for uncertainty might find that an adjustable-rate mortgage is worth considering as a way to get a low introductory rate before the adjustments kick in. This loan type can be a particularly good choice if you’re aiming to rent out for flip the property, or when you know you intend to move before the loan’s fixed-rate period ends. Keep reading and we’ll explain how ARMs work, consider when an ARM is worth considering as an alternative to a fixed-rate mortgage, and look at ARM rates from a few top lenders. You can see the previous business…
Toronto FC will consider a permanent transfer for on-loan Rangers midfielder Jose Cifuentes after a strong run of form. (The Herald – subscription required), externalPierce Charles is on a list of options for Rangers but a move for the Northern Ireland and Sheffield Wednesday goalkeeper would only happen if Jack Butland or understudy Liam Kelly move on, with the latter out of contract in the summer. (Daily Record), externalManager John McGlynn reckons Calvin Miller can fulfill his Scotland dream by staying at Falkirk and says the club has not received any offers for the 28-year-old winger who has another year…