Long-awaited Home Equity Conversion Mortgage (HECM) program guidance revisions to the Federal Housing Administration (FHA)’s Single Family Handbook 4000.1 have been published according to an announcement issued by FHA...
Read MoreLiving costs for employees have recorded the largest increase out of all household types with a rate almost twice that of inflation, according to Australian Bureau of Statistics (ABS). This...
Read MoreThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.86% from 7.90% The ARM share of mortgage applications is now at...
Read MoreNew analysis out of New York shows the extent historic homeownership gaps are affecting the state's Black and Latino population, who also face higher costs across the life of...
Read MorePepper Money has made enhancements to its lending criteria to help customers maximise their affordability when applying for a mortgage. The specialist lender has increased the amount of variable income...
Read MoreBridging loan transactions saw a 15.3% increase in the third quarter, totalling £191m. This is according to the latest Bridging Trends survey which suggests the rise from £165.7m in...
Read MoreUK house prices rose 0.9% in the month to October, but are down 3.3% from a year ago, leaving homebuying activity “extremely weak,” according to Nationwide’s latest House Price...
Read MoreWest One Loans has launched its limited edition five-year fixed rate mortgage products for borrowers including first-time buyers and remortgage customers The specialist lender’s Prime Plus five-year fixed rate starts...
Read MoreAccord will add a suite of tracker mortgages with no early repayment charges to its residential new business range, while cutting selected fixed-rate loans by as much as 23...
Read MoreMolo Finance has launched landlord affordability assessments that allow single borrowers to use their income to support mortgage payments, rather than relying solely on rental income forecasts. The digital lender says...
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