MFG Rated for Service Awards 2024 – The Results

By: ameer@trustedteam.com

Announcing the best mainstream, specialist and buy-to-let lenders as voted for by brokers ...

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Condos, HOAs set to grow as Fannie, Freddie add transparency

By: ameer@trustedteam.com

Condominium and homeowner associations are on track to grow in 2024, adding to a constrained supply of housing, and making financing for units increasingly important.The number is set to...

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Half of UK borrowers see mortgage bill jump £3k per year

By: ameer@trustedteam.com

New research from Bluestone Mortgages reveals half (47%) of UK mortgage holders have seen their mortgage payments increase by an average of £234 per month in the last 12...

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House sales jump 13% in January: Zoopla  

By: ameer@trustedteam.com

Agreed house sales are up 13% across all regions compared to a year ago, driven by sub-5% mortgages and pent-up demand, data from Zoopla shows.   The move is “a...

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Number of First-time buyers over 50 increases by 30% 

By: ameer@trustedteam.com

The number of first-time homeowners over the age of 50 has increased by 30% in the past 5 years, according to mortgage specialist Tembo. Analysis from Tembo showed that there...

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Landlords grew portfolios last year, additions planned in 2024: TML   

By: ameer@trustedteam.com

A majority of landlords grew their property portfolios last year, with more set to do so over the coming 12 months, data from The Mortgage Lender shows.   In total,...

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Suffolk BS cuts 95% LTV resi rates by 26bps, expat BTL by 14bps  

By: ameer@trustedteam.com

Suffolk Building Society has cut rates on 95% loan-to-value residential deals by 26 basis points, while its five-year expat landlord offers are down by up to 14bps.   The mutual...

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Here are the markets with the most baby boomer homeowners

By: ameer@trustedteam.com

A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby...

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PrimeLending says volume may be higher in 2024

By: ameer@trustedteam.com

Hilltop Holdings residential mortgage originations business is still operating at a loss, as both total volume and gain-on-sale margins in the fourth quarter were lower on a year-over-year basis...

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Latest in mortgage news: nesto gains access to broker channel in exclusive deal with M3 Group

By: ameer@trustedteam.com

Digital mortgage lender nesto this week announced an agreement with M3 Group that will allow it to start distributing mortgages through the broker channel. The “exclusive brokerage services relationship”...

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