Comment: Avoiding foreseeable harm

By: ameer@trustedteam.com

Let’s be clear: the new Mortgage Charter, signed by 32 lenders, is a welcome step to support the growing number of UK households with concerns about their ability to...

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Halifax launches vulnerable customer advice service  

By: ameer@trustedteam.com

Halifax has upgraded its vulnerable customer advice service to allow brokers to pass on details about clients who may need help managing their home loans.   The country’s largest lender says...

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Paragon Bank cuts 2-year landlord rate by 45bps 

By: ameer@trustedteam.com

Paragon Bank has cut the rate on its core two-year buy-to-let fix by 45 basis points, which now starts at 4.85%.  The lender says rates on two-year fixes are priced at...

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How To Navigate Three Common Mortgage Scenarios

By: ameer@trustedteam.com

It’s a confusing time to be a homeowner. Rates are up, and everyone has an opinion on what will happen next. It’s easy to get sucked into social media...

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Bank upheaval drives increase in mortgage payoff fraud

By: ameer@trustedteam.com

Fraud attempts on mortgage payoffs increased by five times in the second quarter versus the prior three months, and based on July's data, that elevated pace is still ongoing,...

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Regional home price trends diverge this quarter, NAR says

By: ameer@trustedteam.com

U.S. home prices haven't changed much this quarter. But regional trends looked wildly different, a report by the National Association of Realtors says. "Just like the weather, large local market...

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More baby boomers are becoming renters

By: ameer@trustedteam.com

Older Americans from the baby boom generation are increasingly becoming renters after downsizing their existing homes, with experts attributing the move to competition in the broader housing market, according...

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FHA Loan Rules For Borrowers With Non-Traditional Credit

By: ameer@trustedteam.com

August 11, 2023 FHA loans have flexible standards regarding the kinds of credit history a borrower brings to the loan application process. By that, we mean that applicants who have...

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Virgin Money launches new BTL and resi remo exclusives  

By: ameer@trustedteam.com

Virgin Money has reduced rates across its mortgage range and launched a range of residential and buy-to-let (BTL) remortgage exclusives. The deals will be available for seven days, until 8pm...

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Building work jumps by a record 1.6% in June: ONS  

By: ameer@trustedteam.com

Construction work jumped by 1.6% in June to the highest level of output since records began, data from the Office for National Statistics shows.   ...

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