Mortgage Advice Bureau adds Quantum Mortgages lending panel  

By: ameer@trustedteam.com

The Mortgage Advice Bureau has added specialist buy-to-let lender Quantum Mortgages to its lending panel.   The broker network will distribute a range of the lender’s products, which includes single...

Read More

The condo king of Miami is betting his luxury project on ritzy Fisher Island can weather a recession

By: ameer@trustedteam.com

"Condo king of Miami" Jorge Perez and his Related Group are behind the 10-story, 50-unit Fisher Island project that boasts a sell-out price of $1.2 billion. Units start at $15...

Read More

Mortgage and refinance rates today, Jan. 14, and rate forecast for next week

By: ameer@trustedteam.com

Today’s mortgage and refinance rates Average mortgage rates barely moved yesterday, just inching higher. On Thursday, Freddie Mac published its weekly average for conventional 30-year, fixed-rate mortgages. It was...

Read More

Senior housing wealth has hit a new record at $11.81 trillion

By: ameer@trustedteam.com

Collective housing wealth rose once more in Q3 2022 for homeowners at or over the age of 62. However, the growth in housing wealth for seniors in the third...

Read More

Wells Fargo hints at how it will downsize its servicing portfolio

By: ameer@trustedteam.com

Wells Fargo offered more details about its approach to downsizing its involvement with mortgages during its earnings call, which revealed that its profitability has been halved compared to last...

Read More

Fed survey: Home Loan bank advances are popular liquidity fallback for banks

By: ameer@trustedteam.com

Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the Federal Reserve found.Among banks that are members of the...

Read More