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CUBI News2 articles
Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers
U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.
Wren Kitchens' US Arm Files Chapter 7, Leaving Customers and Staff in Limbo
Wren Kitchens' US parent filed Chapter 7 bankruptcy, abruptly closing all US showrooms and leaving customers with unfinished orders and employees without notice.