Halifax offers sub-5% five-year loans, cuts rates by up to 46bps 

November 14, 2023by

Halifax Intermediaries will offer sub-5% five-year home loans, with rates starting at 4.53% from tomorrow (15 November).  The lender’s broker-only arm...

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Halifax launches sub-5% five-year resi loans, reduces rates by up to 46bps 

November 14, 2023by

Halifax Intermediaries will offer sub-5% five-year home loans, with rates starting at 4.53% from tomorrow (15 November).  ...

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ANZ post $7.4 billion cash profit for 2023

November 13, 2023by

ANZ has announced a $7.4 billion cash profit in its 2023 full year results, up 14% compared to last...

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House asking prices in largest monthly fall for five years: Rightmove  

November 13, 2023by

House asking prices from new sellers suffered their sharpest fall for five years this month, while transactions are 10%...

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Paragon Bank cuts five-year fixed-rate by up to 20bps

November 13, 2023by

Paragon Bank has announced reduction on its five-year fixed-rate buy-to-let mortgages by 20 basis points (bps). ...

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Housing inventory growth slows to a halt

November 12, 2023by

Weekly housing inventory data All I wanted for Thanksgiving and Christmas was just a few weeks of active inventory growth...

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Home prices went back up across most markets in 3Q

November 11, 2023by

The median U.S. home price headed higher in the third quarter, reversing direction from the first half of the...

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FHFA sets March deadline for community programs at Home Loan banks

November 11, 2023by

By issuing guidance on establishing pilot programs to help the underserved just days after proposing reforms at the Home...

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Will falling mortgage rates entice potential homebuyers off the sidelines?

November 11, 2023by

The biggest question in the minds of loan originators is whether mortgage rates will fall through the end of...

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Bloomberg article is wrong on VA loan forbearance

November 11, 2023by

Many mortgage firms around the U.S. spend a great deal of time and money focusing on the needs of...

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