Search Results for: housing market

Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
First-Time-Buyers-Must-Make-$76,000-to-Afford-the-Typical-U.S.-Starter-Home–Up-8%-From-a-Year-Ago
Finance Fintech News

First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago

Business Wire
by Business Wire0
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold for $240,000 in February, up 3.4% year over year, and the average 30-year fixed mortgage rate was 6.78%, up from 6.26% a year earlier. Homebuyers......
SingleKey and Nova Credit Partner to Empower Newcomers Amidst Record-High Rents and Soaring Immigration Rates
Analytics News

SingleKey and Nova Credit Partner to Empower Newcomers Amidst Record-High Rents and Soaring Immigration Rates

PR Newswire
by PR Newswire0
Partnership breaks barriers for new Canadians by increasing access to international credit history and revolutionizing housing accessibility SingleKey, a leading provider of innovative residential leasing solutions, proudly announces its groundbreaking partnership with Nova Credit, a credit infrastructure and analytics company serving as Canada’s first cross-border credit bureau. Together, they aim to shatter......
Visa Foundation Helps To Uplift More Than Four Million SMBs
Finance Fintech News

Visa Foundation Helps To Uplift More Than Four Million SMBs

Business Wire
by Business Wire0
The Impact Report shows the effect Visa Foundation has had in partnering with grantees and investees that support over four million SMBs in 60 countries, more than one million jobs and more than $2 billion of capital invested in local communities around the world, reinforcing its goal to uplift everyone,......
Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience
Banking Fintech News

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Business Wire
by Business Wire0
Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making. Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Fifth Third Bank will move its origination and servicing operations......
40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey
Finance Fintech News

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

Fintech News Desk
by Fintech News Desk0
The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with younger respondents (ages 18-34) more likely to foresee difficulties, particularly related to managing credit card debt and housing costs. MeridianLink provides timely insight into consumer sentiment on payments, customer service, and innovation in digital......
Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills
Finance Fintech News

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
by Business Wire0
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......
Bank of America Grant Boosts HGTC Fundraising Goal
Fintech Funding News

Bank of America Grant Boosts HGTC Fundraising Goal

PR Newswire
by PR Newswire0
The grant from Bank of America will accelerate progress toward expanding physical facilities and attracting new students to its Nursing and Health Sciences programs, preparing students for success in the rapidly evolving healthcare sector.  Horry-Georgetown Technical College (HGTC) takes a significant step forward in realizing its vision for a new, world......
KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
by Business Wire0
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
1