Fixed mortgage rates fall again – will the price cuts continue beyond winter?

By: ameer@trustedteam.com

Fixed mortgage rates have fallen for the second month running with the average two-year deal dropping to below 6% for the first time since October. ...

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Tandem Bank joins Primis and SimplyBiz lender panels

By: ameer@trustedteam.com

Tandem Bank has joined the lender panels of Primis Mortgage Network and SimplyBiz Mortgages. The partnership with Primis will allow members access to Tandem Bank’s range of specialist mortgages, which...

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Wells Fargo takes home lending business in new direction

By: ameer@trustedteam.com

These plans, which have been in the works for the past three years, aim to advance racial equity and “provide flexibility to address customer needs more quickly.” Wells Fargo...

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Mortgage refinance demand surges, as homeowners take advantage of lower interest rates

By: ameer@trustedteam.com

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased last week to 6.42% from 6.58%. The drop in rates sparked a 5%...

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House prices forecast to drop 10.4% from peak: Hargreaves Lansdown

By: ameer@trustedteam.com

A forecast from Hargreaves Lansdown’s latest Savings and Resilience Barometer reveals that house prices could drop 10.4% by the end of 2023 from the peak in Q3 2022. The barometer...

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Home price growth slows to 7.8% in December: e.surv  

By: ameer@trustedteam.com

The survey points out that December’s rise is 1.4% below the revised rate of 9.2% in November, which in turn is below the 12.9% lift in August, “showing that...

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Hampshire Trust hires Lorenzo Satchell as head of bridging sales

By: ameer@trustedteam.com

Satchell arrives at HTB from Together, where he worked in various roles for a total of 12 years, most recently as a specialist key account manager. Other jobs in his...

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Connect for Intermediaries appoints three new senior hires 

By: ameer@trustedteam.com

The broker network has hired Alan Baldwin as director of compliance, responsible for the oversight of the compliance teams and delivering appointed representative supervision and preparing Consumer Duty papers across the...

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Hargreaves Lansdown forecast house prices to drop 10.4% from peak

By: ameer@trustedteam.com

The barometer suggests that cost of living pressures over the next year are set to be exacerbated by the recent surge in mortgage rates. Although these have begun to fall...

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