FHA mortgage demand rises as borrowers face affordability challenges

FHA mortgage demand rises as borrowers face affordability challenges

Homes in Crockett, California, US, on Thursday, Jan. 22, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates for conventional loans didn’t budge last week, and neither did overall demand, but borrowers are actively seeking other loan products that offer bigger savings. Total mortgage application volume increased 0.3% last week compared with the…

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Capital One is buying startup Brex for .15 billion in credit card firm’s latest deal

Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brex. Shares of…

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