Credit Unions Shed Loans Again

Trade group estimates total balances fell in February for a record second month in a row.

By Jim DuPlessis | April 10, 2024 at 05:00 PM

Economic chart with a red arrow going down

Loans continued to run off the books faster than credit unions originated new ones in February, the first consecutive pair of monthly drops in balances in at least 10 years, according to the latest report from America's Credit Unions.

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Home-Price Gains Accelerate in the U.S., Climbing 6.4% in February

By Prashant Gopal | April 30, 2024

"Following last year's decline, U.S. home prices are at or near all-time highs."

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Mortgage Rates in the U.S. Climb for a Fourth Week to Reach 7.17%

By Prashant Gopal | April 25, 2024

New data appears to support the predictions of a longer-term drag on the first-mortgage market.

Mortgage Rates in the U.S. Climb for a Fourth Week to Reach 7.17%

The Future of Payments for Credit Unions link

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