House asking prices from new sellers suffered their sharpest fall for five years this month, while transactions are 10% below 2019 pre-pandemic levels, data from Rightmove shows. ...
Read MoreParagon Bank has announced reduction on its five-year fixed-rate buy-to-let mortgages by 20 basis points (bps). ...
Read MoreWeekly housing inventory data All I wanted for Thanksgiving and Christmas was just a few weeks of active inventory growth between 11,000 – 17,000. But even with mortgage rates getting...
Read MoreThe median U.S. home price headed higher in the third quarter, reversing direction from the first half of the year, but wide variations were reported across markets, the National...
Read MoreBy issuing guidance on establishing pilot programs to help the underserved just days after proposing reforms at the Home Loan banks, Federal Housing Finance Agency Director Sandra Thompson is...
Read MoreThe biggest question in the minds of loan originators is whether mortgage rates will fall through the end of 2023, providing some reprieve from the high-rate environment that has...
Read MoreMany mortgage firms around the U.S. spend a great deal of time and money focusing on the needs of veterans at this time of year. Even with lending volumes...
Read MoreFederal Reserve officials are likely to keep limiting their mortgage-backed securities activity to runoff the way the industry would like, but that won't necessarily narrow spreads to Treasuries that...
Read MoreTexas Capital Bank (TCB), a warehouse lender for failed reverse mortgage industry lender Reverse Mortgage Funding (RMF), secured a portion of the $28.6 million debtor-in-possession financing it provided to...
Read MoreFoundation Home Loans has cut rates on its owner-occupied and buy-to-let product ranges and introduced a new seven-year fixed-rate buy-to-let product. The specialist lender has made cuts of up to...
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