Both sides of mortgage industry facing cost pressures: report

By: ameer@trustedteam.com

As the mortgage industry struggles with profitability in the current rate environment, diversification can help, but the going could get tougher regardless at this point in the cycle, according...

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Six in 10 mortgage workers live paycheck-to-paycheck

By: ameer@trustedteam.com

Approximately 60% of commissioned mortgage professionals claim to be living paycheck to paycheck because of delays in payment in the midst of lower origination volume, a survey from payroll...

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Broker mortgage searches lift 10% after BoE rate rise: Twenty7tec  

By: ameer@trustedteam.com

Mortgage searches jumped by as much as 10% after the Bank of England raised interest rates last month, data from Twenty7tec shows.   ...

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Remortgage borrowers saw loans increase by more than £317 in May

By: ameer@trustedteam.com

Those who remortgaged in May saw their repayments increase by an average of £317.20, according to the latest LMS remortgage report. ...

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Average fixed rate deals continue to rise: Moneyfacts

By: ameer@trustedteam.com

Average residential mortgage rates continue to climb as Moneyfacts reveals the weekly increases. ...

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Brokers urged ‘make it happen’ with mortgage clinics

By: ameer@trustedteam.com

National brokerage Just Mortgages is encouraging brokers to integrate into their local communities and host mortgage clinics. Rather than ‘waiting for it to happen’ in the current climate, Just Mortgages...

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Close loopholes in Renters Reform Bill: Citizens Advice

By: ameer@trustedteam.com

Citizens Advice is warning that banning Section 21 evictions will only improve renters’ rights if forthcoming legislation prevents backdoor ‘no fault’ evictions from taking place. The charity helped almost 2,000...

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Real estate-related email fraud costs record dollar losses

By: ameer@trustedteam.com

Business email compromise scams related to real estate set a record for dollar losses in 2022, as the number of cases reported to the Federal Bureau of Investigation rose...

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HSBC comes back to market after raising rates by up to 35bps  

By: ameer@trustedteam.com

HSBC has returned to the market with new prices for residential and buy-to-let borrowers with rates that are on average 25 basis points higher.   ...

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Citizens Advice calls for govt action on renters bill

By: ameer@trustedteam.com

Citizens Advice is warning that banning Section 21 evictions will only improve renters’ rights if forthcoming legislation prevents backdoor ‘no fault’ evictions from taking place. ...

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