Mortgage demand falls despite a decline in rates

May 3, 2023by

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough...

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Black & White hires Tyler as director of intermediaries  

May 3, 2023by

Black & White has hired Adam Tyler as director of intermediaries to lead the specialist lender’s new business development....

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Home registrations plummet 40% in Q1: NHBC   

May 3, 2023by

The number of new homes registered to be built tumbled 40% to 27,673 in the first three months of...

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Lloyds profits rise on back of higher rates

May 3, 2023by

Lloyds Banking Group, which owns Halifax, reveals a 46% surge in profits – owing in large part to higher...

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Banking leaders hope First Republic deal ends seven-week crisis

May 2, 2023by

The demise of Silicon Valley Bank on March 10 was followed by the collapse of Signature Bank on March...

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NRMLA voices support for FHA ADU rental income proposal

May 2, 2023by

The National Reverse Mortgage Lenders Association (NRMLA) submitted comments to the Federal Housing Administration (FHA) in support of its...

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RMF bankruptcy liquidation plan approved by Delaware court

May 2, 2023by

Reverse Mortgage Investment Trust (RMIT), parent company of former reverse mortgage industry lender Reverse Mortgage Funding (RMF), was approved...

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RBA goes back on inflation attack with rate hike

May 2, 2023by

The Reserve Bank of Australia has put further pressure on mortgage borrowers with a decision today to press ahead...

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Nationwide survey indicates UK house prices stabilising

May 2, 2023by

UK house prices rose by 0.5% in April after falling for seven consecutive months, Nationwide reveals in its latest...

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‘Squeezed middle’ suffers protection shortfall: Hargreaves Lansdown  

May 2, 2023by

Only 44% of households have enough life cover to protect their family – but even this falls to 35%...

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