With adjustable-rate mortgages back in fashion, credit unions are educating members about the ins and outs of these products, dispelling misunderstandings along the way.
Elevated interest rates make fixed-rate mortgages less attractive to borrowers. In today’s environment, adjustable-rate and balloon/hybrid options offer more attractive payments and short-term flexibility.
The Federal Reserve is projected to cut rates several times in 2024; however, soaring prices and dwindling savings still leave Americans with little incentive to make a big purchase.
As the market shifts and borrowing costs rise, adjustable-rate home loans are becoming popular once again.
Credit union mortgage market share is largely unchanged from one year ago; however, the percentage of adjustable-rate loans has jumped substantially.
Secondary market sales of burgeoning credit union mortgage share remains dominant, but credit unions are selling more loans to each other, too.
Volunteers help credit unions understand more clearly the needs and wants of the community. An active Board of Directors aids in membership and business growth.
PenFed’s large stake in unusual adjustable rate mortgages helps defend against rate hikes while bolstering its bottom line.
What are credit unions doing to increase their visibility in the mortgage market?
Products and services drive organic growth and deeper relationships at United FCU.
Recent drops in consumer sentiment indicates reveal a complex mix of financial pessimism, political influence, and generational divides.
Cut through the noise and unlock growth with five bold tips to sharpen your targeting, master new channels, harness AI, and market like a pro.
Protection products offer a range of benefits that safeguard a borrower’s peace of mind while simultaneously buckling up their financial security.
Strong female voices have the potential to make change. These women are championing mentorship, innovation, and collaboration to shape the future of their organizations.
Three recovering bankers share new experiences at Together Credit Union.
Half of Americans are not ready for retirement, and with an uncertain economic environment, aging credit union members need their financial institutions more than ever.
Look beyond the headlines to better understand what is driving current market trends and how they could impact your credit union’s investment portfolio.
It’s all about AI this week on CreditUnions.com with real-life case studies, thought leadership, and more.
Key steps to help credit unions thoughtfully integrate AI across different areas to ensure a secure, effective approach to artificial intelligence.
Interra Credit Union’s SVP of Technology discusses being his organization’s “AI champion” and his advice for other credit unions looking to use it.