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84% of U.S. homeowners who were planning to buy a new home say interest rates have impacted their decision RIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Home Loans recently conducted a survey to ...

Inflation and high interest rates are having a big impact on many of us, including American homeowners. Due to this, many people have put their plans to buy a new home on hold. Rob Cook, vice ...

Capital One confirmed it is closing the home equity lending business it acquired in the purchase of Discover. The news first appeared in a Reddit thread last week and then in Home Equity Lending News ...

Rewards card specialist Discover Financial Services, which got into the mortgage business via an acquisition in 2012, is shutting down its struggling home-lending business and laying off 460 employees ...

The company filed notice with the state today of its latest plan for layoffs, the second announced in the past month. The cuts include 382 jobs related to the Discover deal. Capital One also recently ...

Katherine Watt is a former CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa ...

American homeowners had, on average, a record $313,000 in home equity at the start of 2025, according to Intercontinental Exchange. A home equity loan allows you to borrow against your home's value to ...

If your lender stops offering HELOCs or home equity loans, rest assured: The original terms of your loan or credit line stay the same. What might change are the logistics, like where you send your ...