UTB reduces second charge rates by up to 70bps, raises LTI cap  

January 19, 2024by

United Trust Bank Mortgages for Intermediaries has cut interest rates across its second charge range by up to 70...

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Summit Funding secures top talent

January 19, 2024by

In a statement, Rigdon said his goal is to “implement forward-thinking marketing strategies that not only elevate our brand...

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Newrez’s affordable lending program targets first-time homebuyers in MSAs

January 19, 2024by

RezFund doesn’t have applicable income limits, with a lender contribution of up to $8,000 for down payment and/or closing...

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Mortgage rates today drop to levels not seen since mid-2023

January 19, 2024by

“Mortgage rates decreased this week, reaching their lowest level since May of 2023,” Freddie Mac chief economist Sam Khater...

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Turning point for mortgage industry: Fannie Mae’s 2024 projections

January 19, 2024by

The ESR Group’s forecast also predicted home price growth moderation in 2024, with an expected increase of 3.2% over...

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Tributes pour in for industry ‘legend’

January 19, 2024by

“He was filled with energy and great optimism about what the future holds for our industry,” Nichols wrote. “Truly...

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Mortgages for Business rebrands to Mortgage Finance Brokers

January 18, 2024by

Mortgages for Business has rebranded to Mortgage Finance Brokers to reflect the fact it offers ‘mortgages for everybody’ not...

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Furness Building Society intros holiday let products from 5.93%  

January 18, 2024by

Furness Building Society has launched two holiday let loans for properties across England, Scotland and Wales.   ...

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Perenna joins Twenty7tec’s Source search engine   

January 18, 2024by

Mortgage platform Twenty7tec has added Perenna to its Source search engine, as the long-term lender broadens its distribution.  ...

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Industry welcomes proposed reforms to Building Societies Act

January 18, 2024by

The mortgage industry has welcomed the proposed reforms to the Building Societies Act 1986.   The Act’s Amendment Bill will have...

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