Foundation Home Loans has lowered rates across its owner-occupier and buy-to-let (BTL) product ranges. In the owner-occupier range, Foundation has made rate reductions of up to 150 basis points (bps)...
Read MoreGinnie Mae announced on Thursday that it has reduced the required minimum size from $1,000,000 to $250,000 for all Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) pool types, according...
Read MoreTMA Club has launched two new two-year fixed-rate mortgage products with Principality Building Society. The club’s directly authorised (DA) brokers can now access two of Principality Building Society’s exclusive fixed-rate...
Read MoreThe mutual says its housing loan book lifted 7% to £655m “due to high demand earlier in the year, particularly for remortgages, as interest rates rose, and homeowners and...
Read MorePurplebricks could be sold after the group warned that costs from a “turnaround plan” had proved higher than expected. In a statement released today, the UK online estate agent said...
Read MoreNatWest has made a number of cuts to its buy-to-let (BTL) and residential mortgages for both new customers and existing customers. Highlights of these changes are as follows: For new business,...
Read MoreThe number of new second charge agreements fell by 3% in December, compared to the same month the previous year, the latest figures from the Finance and Leasing Association...
Read MoreThere were 2,106 new agreements in December 2022 and despite the fall from the same month in 2021, the number of new agreements rose both on a quarterly basis...
Read MoreThe average rate for a two-year fix fell 3 basis points, to 5.33%, and the average rate for a three-year fix slipped by a single basis point, to 5.22%. Meanwhile,...
Read MoreSome experts warn that nonbank home lenders could falter as interest rates rise and the housing market slows. That could have a significant impact on Ginnie Mae, which is...
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