The Federal Housing Finance Agency's plan to replace the FICO Classic credit score used by government-sponsored enterprises with two new ones by 2025 has some compelling aspects to it,...
Read MoreCompanies usually lay off workers to preserve profit margins. The workers who have been laid off often spend less on discretionary purchases, such as buying new cars or travelling. Recessions...
Read MoreCoventry for intermediaries will cut selected new business residential and landlord fixes, while pulling other products. ...
Read MoreThe latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals surprisingly upbeat market sentiment among advisers during Q2. However, the data indicates growing caution about...
Read MoreThe number of interest-only mortgages has fallen by half over the last eight years to below one million, Financial Conduct Authority data shows, as homeowners move to more conventional loans. ...
Read MoreIn today’s evolving financial landscape, we are witnessing unprecedented shifts that are reshaping borrowing patterns and access to finance. This has been prompted by a high inflationary environment and...
Read MoreThe latest Mortgage Market Tracker report from the Intermediary Mortgage Lenders Association (IMLA) reveals surprisingly upbeat market sentiment among advisers during Q2. However, the data indicates growing caution about...
Read MoreThe number of interest-only mortgages has fallen by half over the last eight years to below one million, Financial Conduct Authority data shows, as homeowners move to more conventional loans. The...
Read MoreAs many as one in 10 UK home sellers would consider a part exchange property transaction when buying their new home, research by Quickmove Properties reveals. Having no chain, the...
Read More[embedded content] Federal Reserve The Federal Reserve’s primary tool for stabilizing the inflation rate is the federal funds rate. This is the rate at which banks borrow money from each other...
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