U.S. homeowner equity climbs to a record high

July 27, 2023by

The share of U.S. mortgage borrowers who are equity-rich climbed to a new high last quarter as the housing...

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Rocket returns to top of servicer satisfaction study

July 27, 2023by

Rocket Mortgage regained the top spot in terms of consumer satisfaction with their mortgage servicer, scoring higher than it...

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New-home sales fall for first time since February

July 27, 2023by

U.S. new-home sales declined in June for the first time in four months, suggesting high borrowing costs and prices...

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Second feature: Rise of borrowers with credit blips

July 27, 2023by

ShutterstockMortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher...

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Lenders show decent profit but tough times ahead

July 27, 2023by

The Nottingham Building Society reveals a positive financial performance for the half year to end of June, achieving growth...

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Coventry cuts resi and BTL rates

July 27, 2023by

Coventry for intermediaries has cut rates on two and five-year fixes for residential and buy-to-let new business applications. Residential rates...

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The good news? The Fed doesn’t expect a recession. The bad news? Housing.

July 27, 2023by

After a year’s worth of warnings about a recession, Federal Reserve chair Jerome Powell said Wednesday that the central...

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June quarter inflation rises 0.8%

July 26, 2023by

Inflation rose 0.8% in the June 2023 quarter and 6% annually, according to the latest data from the Australian...

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More homeowners insurance providers are pulling back in Florida

July 26, 2023by

Wild weather and rampant litigation continue to batter the Florida homeowners insurance market. Farmers Insurance is discontinuing automobile, home and...

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Blog: Duplication of tasks is wasting time for home buyers

July 26, 2023by

One of the major ‘sticking points’ when it comes to delivering a smoother process for home buying and selling...

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