Over the past three months, roughly 13,000 CIBC clients have taken action to bring their mortgages out of negative amortization. Negative amortization can impact fixed-payment variable rate mortgage clients...
Read MoreThe mortgage industry took it on the chin in 2023, with many of those same factors hurting it now likely to affect next year's profitability.That includes the Fed's own...
Read MoreA pedestrian exits a building in San Francisco's financial district in July 2022. An estimated 44.6% of U.S. banks' office loans currently have balances that are larger than the...
Read MoreHanley Economic Building Society has launched a suite of self-build home loans that start at 5.75%. The first is a two-year variable discount self-build/renovation part-built mortgage, with an initial...
Read MoreHanley Economic Building Society has launched a suite of self-build home loans that start at 5.75%. ...
Read MoreMonthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage...
Read MoreVirgin Money, TSB and Skipton Building Society have become the latest firms to add their names to the government’s tower block cladding safety scheme. ...
Read MoreVirgin Money, TSB and Skipton Building Society have become the latest firms to add their names to the government’s tower block cladding safety scheme. The three lenders will now...
Read MoreBarclays will cut rates across its residential and landlord fixed-rate ranges by as much as 43 basis points from tomorrow (20 December). The high street bank says key remortgage reductions...
Read MoreMetro Bank has scrapped its £3bn mortgage portfolio sale, citing market conditions. “The board has carefully considered a potential sale of up to £3bn of residential mortgages and concluded that, given...
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