MBA and CUNA See Rates Falling in 2024

The groups differ on recession odds in the New Year, and the speed of rate declines is outrunning their predictions.

By Jim DuPlessis | December 21, 2023 at 12:00 PM

The trade groups differ on recession odds in the New Year, and the speed of rate declines is outrunning their predictions.

Forecasts released earlier this month by CUNA and the Mortgage Bankers Association predicted falling interest rates, but might have missed the velocity of the change and their impacts.

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By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

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Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

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