The Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday, setting the target range at 4% to 4.25%. The first cut since December 2024 marks a new phase in the central bank’s effort to balance maximum employment and stable prices. Economists say it could usher in an easi

Speaking to thousands of real estate professionals at Coldwell Banker’s Generation Blue Experience 2025, company president Jason Waugh told agents that today’s market — despite volatility — represents one of the greatest opportunities of their careers. “We’ve been through three years of a contractin

American Senior Lending, a national home equity solutions company, on Wednesday launched EquitySelect, a first-lien home equity loan designed to give retirees more financial flexibility. The nonrecourse loan — meaning that borrowers and their heirs will never owe more than the home is worth — lets b

Credit Union ONE announced on Tuesday that it has acquired Icon Mortgage. A press release confirmed that Michigan-based Credit Union ONE will retain all employees from Icon Mortgage, including senior leadership, and “intends to operate the company as a separate mortgage lending affiliate.” The terms