Here are the markets with the most baby boomer homeowners

By: ameer@trustedteam.com

A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby...

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PrimeLending says volume may be higher in 2024

By: ameer@trustedteam.com

Hilltop Holdings residential mortgage originations business is still operating at a loss, as both total volume and gain-on-sale margins in the fourth quarter were lower on a year-over-year basis...

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Latest in mortgage news: nesto gains access to broker channel in exclusive deal with M3 Group

By: ameer@trustedteam.com

Digital mortgage lender nesto this week announced an agreement with M3 Group that will allow it to start distributing mortgages through the broker channel. The “exclusive brokerage services relationship”...

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The devastating impact of rising mortgage repayments on mental health

By: ameer@trustedteam.com

As many as 1.3 million people with mental health problems have cut back on food and other essentials in a bid to keep up with mortgage repayments, a new...

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What You Should Know About FHA Loans And Lender Standards

By: ameer@trustedteam.com

January 26, 2024 What you should know about FHA home loans and lender standards includes the basic concept that FHA loan minimums are not the only rules that affect your...

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Nominations open for 2024 Top Producers

By: ameer@trustedteam.com

National Mortgage News is pleased to announce the launch of the 2024 Top Producers Survey.IMPORTANT: All entries MUST be completed by the individual loan officer or company representative. Unless...

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Rents hit new highs, but pace slows: Rightmove  

By: ameer@trustedteam.com

Advertised rents outside of London hit a 16th consecutive new record average of £1,280 per calendar month, data from Rightmove shows.   But the property website says this quarter’s jump...

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Comment: First-time buyers need you!

By: ameer@trustedteam.com

For first-time buyers (FTBs), hearing that their home purchase has fallen through can be extremely disappointing but in a volatile environment it is an increasingly common occurrence. Our recent First...

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December registered lowest number of buyer and sale instructions

By: ameer@trustedteam.com

December 2023 registered the lowest number of buyers and new sales instructions of the year, according to Propertymark Housing Insight report. The average number of new prospective buyers registered per...

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MPC preview: Hold expected, lenders to continue cutting prices   

By: ameer@trustedteam.com

The Bank of England is expected to hold interest rates at 5.25% for a fourth consecutive meeting next Thursday — which lenders will take a sign to continue cutting...

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