Zillow Home Loans rolls out 1% down payment option program

By: ameer@trustedteam.com

Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down payment at closing, allowing buyers to pay just 1% upfront. The...

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University Bank’s reverse division promotes Dujanovich, hires Ziegler

By: ameer@trustedteam.com

Michigan-based University Bank announced this week the promotion of one longtime professional and the appointment of another. Carol Dujanovich will now serve the division as SVP and director of...

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Commentary: For financial advisors, home equity is an ‘idea whose time has come’

By: ameer@trustedteam.com

At a wealth advisors conference with one of the most admired thought leaders in the financial services world, a statement was made that profoundly shifted the understanding of how...

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Demand for interest-only mortgages spike as borrowers face rate hikes

By: ameer@trustedteam.com

There has been a ‘notable spike’ in demand for interest-only mortgages in July as borrowers struggling with repayment hikes look for ways to live within their means. ...

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Bank achieves quarterly cash profit ahead of schedule

By: ameer@trustedteam.com

BNK has had a transformational 2023 financial year as the company’s strategic expansion into higher margin lending is starting to deliver returns in a less favourable environment, according to...

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Lower vacancy rates bad news for renters – PropTrack

By: ameer@trustedteam.com

In more bad news for renters already struggling with high rental prices, PropTrack’s latest report has revealed rental vacancy rates dipped 0.4 percentage points to 1.43% in July –...

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Australian Mortgage Awards tickets selling fast

By: ameer@trustedteam.com

Tickets are flying out the door to the premiere event on every mortgage broker’s calendar, the Australian Mortgage Awards, with only a limited supply left. Held on Friday, October 13...

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Zillow rolls out new 1% down payment program in Arizona

By: ameer@trustedteam.com

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Orphe Divounguy, Zillow home loans senior economist, joins 'The Exchange' to discuss America's housing affordability crisis, Zillow...

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Rent-price growth settles near pre-pandemic rate

By: ameer@trustedteam.com

Rents for single-family properties grew at its slowest pace in almost three years with prices across all levels cooling by approximately 10%, according to new research from CoreLogic.Rents headed...

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TD reports strong mortgage volumes and stabilizing amortizations

By: ameer@trustedteam.com

Despite a sharp slowdown in mortgage originations this year, TD Bank reported strong annual volume growth of 4% in the second quarter. That helped drive overall loan volume growth...

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