Will two newer credit scores beat a single older one for mortgages?

By: ameer@trustedteam.com

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,...

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Do mortgage rates go down in a recession?

By: ameer@trustedteam.com

Companies 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...

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Coventry for intermediaries reduces resi and BTL rates  

By: ameer@trustedteam.com

Coventry for intermediaries will cut selected new business residential and landlord fixes, while pulling other products.   ...

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IMLA points to brokers’ upbeat sentiment in market

By: ameer@trustedteam.com

The 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...

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Interest-only home loans fall by half to below 1 million: FCA 

By: ameer@trustedteam.com

The 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.  ...

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Comment: Specialist lending becoming the new mainstream

By: ameer@trustedteam.com

In 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...

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Confidence in market ‘surprisingly’ steady for Q2: IMLA

By: ameer@trustedteam.com

The 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...

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Interest-only mortgages fall by half to below 1 million: FCA 

By: ameer@trustedteam.com

The 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...

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One in 10 home sellers open to part exchange

By: ameer@trustedteam.com

As 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...

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How are mortgage rates determined?

By: ameer@trustedteam.com

[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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