Feature: Is there light ahead?

By: ameer@trustedteam.com

Shutterstock / Paseven Many cultures around the world regard the number seven as lucky, but that is unlikely to be the case at the offices of UK Finance. Its most recent...

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Rent price growth is slowing down

By: ameer@trustedteam.com

Single-family rent growth slowed in January, but prices came in 28% higher from pre-pandemic levels, pointing to spillover pressure from a tight sales market, according to Corelogic.Rent prices grew...

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Borrowers continue to be resilient as mortgage delinquencies recede 

By: ameer@trustedteam.com

Mortgage delinquencies improved again in February as prepayment activity increased moderately. The national delinquency rate eased to 3.34% in February, down from 3.38% in January, according to an Intercontinental Exchange...

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Are reverse mortgages the most underutilized retirement tool?

By: ameer@trustedteam.com

Home equity levels among homeowners aged 62 and older are at record levels following the end of the pandemic. As a result, reverse mortgages may no longer be considered...

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CEO of property preservation company MCS on opportunities in reverse

By: ameer@trustedteam.com

Property preservation company MCS is entering the reverse mortgage space after its acquisition of Five Brothers Asset Management Solutions, a deal which brings MCS into the reverse mortgage industry...

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OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches

By: ameer@trustedteam.com

Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders. The Office of the Superintendent of...

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REIA confirms WA as most affordable state

By: ameer@trustedteam.com

According to the latest REIA Housing Affordability Report, Western Australia has maintained its status as the most affordable state despite a slight 2.2 per cent decline in housing affordability...

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‘The system is broken’, MP on housing affordability

By: ameer@trustedteam.com

Findings from an analysis released by the Australian Greens party have revealed the annual income needed to purchase a house and avoid housing stress sits 1.6 times above the...

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Rapid population growth worsening housing supply shortage: UDIA

By: ameer@trustedteam.com

The Australian Bureau of Statistics (ABS) revealed on 21 March that the national population grew by 2.5 per cent in the 12 months to 30 September 2023, bringing the...

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Podcast: Broker Spotlight: Create Finance’s Winning Formula Revealed

By: ameer@trustedteam.com

In this episode of the Mortgage Strategy podcast Awards series, Kimberley Dondo hosts Gindy Mathoon, Leader at Create Finance, winner of the Best Mortgage Broker award (8-50 advisers) at...

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