The Bank of Canada’s benchmark interest rate is expected to fall back to around 3.00% by the end of 2024, according to a median of responses from market participants. The...
Read MoreBetween the housing market turmoil, pandemic-era home price appreciation and consumer sentiment, lenders may want to consider incorporating more home equity lending into the mix, according to a column...
Read MoreTwo Republican members of Congress have introduced bills aimed at canceling the Federal Housing Finance Agency's latest adjustments to government-sponsored enterprise mortgage fees.Rep. Andy Biggs, R.-Ariz. introduced H.R. 2928...
Read MoreThe Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association (MBA), announced this week the establishment of...
Read MoreApril 28, 2023 Are you new to house hunting? If you have never applied for a home loan before it’s understandable that you might view a mortgage payment as a...
Read MoreLendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with National Australia Bank (NAB). The combined investment will support the...
Read MoreSaffron Building Society has scrapped procuration fee caps across its entire product range. ...
Read MoreThe number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year from 12 months ago, Equity Release Council data shows. Total...
Read MoreShares in First Republic are down 95% this year. If the bank survives, it will be smaller, and it will post little, if any, profits for some time, analysts...
Read MoreI speak to lots of advisers and attend lots of forums where protection underwriting concerns are raised. These include: ‘Insurers need to be more transparent about the underwriting decisions they make.’ ‘Insurers need...
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