Mortgage rate impact the same as a 2p tax hike

By: ameer@trustedteam.com

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike. This is according to new analysis from the Liberal Democrats. ...

Read More

Looking To Buy? Now Might Be the Right Time

By: ameer@trustedteam.com

You’ve probably heard me say this before: it’s never a good idea to time the market. But there are moments in time where if you’re looking, it might be...

Read More

Homebuilding set to boost U.S. economy after two-year contraction

By: ameer@trustedteam.com

After eight straight quarters of contraction, it looks like the slide in U.S. residential investment may be finished. The nascent rebound now underway is set to remove a major...

Read More

FHA experts field servicing questions at NRMLA conference

By: ameer@trustedteam.com

After facing staffing issues with during and after the pandemic, Federal Housing Administration (FHA) officials said staffing to service the reverse mortgage loan portfolio held by the U.S. Department...

Read More

Lenders to offer flexible options for homeowners who can’t pay the mortgage

By: ameer@trustedteam.com

Borrowers worried they may not be able to make mortgage payments will be able to switch to an interest-only mortgage or extend their term under temporary changes revealed today. ...

Read More

West Aussies’ spending stalls in May

By: ameer@trustedteam.com

Western Australian spending has stalled for the third consecutive month, as they continue to feel the pinch of cost-of-living and inflationary pressures, according to Bankwest’s latest Spend Trends analysis. Bankwest’s Spend...

Read More

Another week, another rise in fixed mortgage rates. How high could they go?

By: ameer@trustedteam.com

Another week and another round of fixed rate hikes have swept Canada’s mortgage market. Mortgage lenders, including most of the big banks, have continued to hike their fixed mortgage...

Read More

FHA Mortgage Loan Terms: Understanding Equity

By: ameer@trustedteam.com

June 23, 2023 Home equity is an important term to understand when you’re applying for any kind of mortgage loan, but for some loans, equity is a larger factor than...

Read More

Chancellor meets with lenders over mortgage crisis  

By: ameer@trustedteam.com

The mortgage summit called by the Chancellor to ensure lenders use forbearance on borrowers struggling to pay their home loans is underway.   ...

Read More

Chancellor calls in lenders over mortgage crisis  

By: ameer@trustedteam.com

The mortgage summit called by the Chancellor to ensure lenders use forbearance on borrowers struggling to pay their home loans is underway.   The meeting began at 8am this morning...

Read More