Housing stakeholders warn climate risks are already influencing home sale activity and disturbing property values, sentiments shared by a larger portion of the mortgage industry. The climate component has helped...
Read MoreGinnie Mae released its 2023 annual report this week, touting its additional support for the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program and its own HECM-backed...
Read MoreDecember 8, 2023 After briefly approaching the 8% home loan interest rate range, sources (including real estate company Redfin and NBC.com) report December 2023 conditions might be an indication of...
Read MoreAlternative lender Equitable Bank revealed today that a majority of its residential mortgage clients have already renewed at higher interest rates and have largely absorbed the increases. In the...
Read MoreThe mortgage market has become increasingly complex and difficult for borrowers and brokers to navigate due to a number of factors. The ongoing cost-of-living crisis combined with high interest rates...
Read MoreThe co-operative bank for intermediaries has cut rates on selected residential and landlord loans by up to 45 basis points. The lender’s reductions cover: New business Residential Two-, three-...
Read MoreLoughborough Building Society has promoted Ashley Pearson from National BDM to the newly created position of head of intermediaries. Pearson, who starts in his new role with immediate effect, will...
Read MoreAs ‘industry godfather’ John Malone turns 80 today, mortgage market veteran James Chidgey pays tribute to the founder of Premier Mortgage Service and reflects on his career and legacy… There...
Read MoreSantander for intermediaries has cut selected residential and buy to let fixed rates across its new business and product transfer ranges by up to 32 basis points. The bank’s broker-only...
Read MoreA week or so on from the Autumn Statement (at the time of writing), I can’t help but feel there was a significant opportunity missed by both the chancellor...
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