The average homeowner with a near record-low mortgage rate would see their monthly payment shoot up 132%, or roughly $1,800, in order to move up to a 25% more...
Read MoreWould-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. — 35% more than what the typical household earns annually, which is $84,072,...
Read MoreThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) slipped to 6.91% from 6.93% Applications to refinance a home loan fell 2% for...
Read MoreLendInvest Mortgages is cutting rates and introducing a limited edition buy-to-let offer to support first-time landlords. The limited-edition offer is targeted at first-time landlords, and offers free valuations on small...
Read MoreCornwall is the highest earning area of the UK for holiday let landlords with properties earning more than £40m in just three months from July to September last year,...
Read MoreMortgage defaults are expected to spike over the next year, creating losses for specialist lenders of up to £760m according to new research. Analysis of the financial statements of 10...
Read MoreOne in four landlords say that energy efficiency of a property is one of their top priorities when it comes to evaluating potential purchases, according to The Mortgage Lender...
Read MoreMortgage brokers DNA Financial Solutions has appointed Hugh Spillane to be its new chief executive. Spillane was previously commercial director, having joined the business in 2021. This is the first...
Read MoreRents for prime London properties have edged up by 0.3% in the first three months of the year, according to Savills. The estate agency says that while the market is...
Read MoreAfter a 38-year career as a mortgage broker, long story short: I made some money; I lost some; and then I made some again. Most brokers have a choice of...
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