Why Mortgage Rates Went Up After the Fed Cut Rates Last week, the Federal Reserve announced a widely anticipated interest rate cut, lowering the federal funds rate by a quarter of a percentage point to a target range of 4.00%–4.25%, which is the first cut since...
Trigger Leads Are Ending: What That Means for Your Homebuying Journey If you’ve ever applied for a mortgage and noticed your phone blowing up with calls, texts, or emails from unfamiliar lenders, you’ve likely experienced what’s known as a trigger lead. It’s a...
High-Yield Savings, Mortgage Loans, & Business Banking Made Simple When you think of a bank, you might think of checking accounts, savings accounts, and maybe a loan or two. But at Luminate Bank, we’re built to be more than that. We’re here to be your financial...
Why Today’s Housing Market Isn’t a Repeat of 2008 You’ve probably seen the headlines: “New home inventory is at its highest level since the crash.” If you remember 2008, that kind of language can stir up a little anxiety. But before you assume history is repeating...
Spotting Scam Tactics: How to Protect Yourself and Your Money Scammers are constantly finding new ways to trick people, but their playbook is surprisingly predictable once you know what to look for. Sometimes scams come in the form of a phone call that makes your...
From Browsing to Buying: How AI Is Putting Your Home in Front of More Buyers Think the housing market is quiet right now? Think again. Behind the scenes, there’s a whole lot of digital window shopping going on, and the numbers prove it. Even if it’s not making...
