Category Archives: Loan Servicing Software

How the Trump Administration May Reform Student Loans

(from U.S. News & World Report) With more than 44 million student loan borrowers in some stage of repayment, there’s a considerable amount of interest in the Trump administration’s higher education policies. The White House announced two months ago its plan to combine the Department of Education and the Department of Labor to form the Department of … Continue reading How the Trump Administration May Reform Student Loans

Mortgage rates tick down as more home buyers choose to wait it out

  So far in 2018 the 30-year-fixed has averaged 4.44%, up from 3.99% in 2017 (from MarketWatch, August 10, 2018) The 30-year fixed-rate mortgage averaged 4.60% in the Aug. 9 week, according to Freddie Mac’s weekly survey, down one basis point. The 15-year fixed-rate mortgage averaged 4.05%, down from 4.08%. The 5-year Treasury-indexed hybrid adjustable-rate … Continue reading Mortgage rates tick down as more home buyers choose to wait it out