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Interest rate cut welcome news for homeowners with variable-rate mortgages: experts - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
1 year ago

Real estate experts say the Bank of Canada's third consecutive interest rate cut is welcome news for variable-rate mortgage holders,,.. Read More;

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UTB hires Jenkinson to property development division Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

United Trust Bank (UTB) has appointed Ben Jenkinson as head of product and strategy in its property development division. Jenkinson joins,.. Read More;

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Payment regulator proposes slashing fraud refund to

Mortgage Strategy
Mortgage Advisor
1 year ago

The Payments Systems Regulator has proposed slashing the amount banks must refund to fraud victims to £85,000 from £415,000. The watchdog,.. Read More;

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August mortgage searches ease compared to July: Twenty7tec Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Twenty7tec’s latest mortgage market statistics for August 2024 shows that purchase mortgage searches were down 5.0% compared to July. However, mortgage,.. Read More;

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ModaMortgages adds two BDMs ahead of launch Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

ModaMortgages has hired two business development managers to cover the South East of England and the South West ahead of,.. Read More;

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Accord eases criteria for home loans up to 5x LTI Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Accord Mortgages has lowered the minimum income to £50,000 — from £60,000 — for customers who want to borrow more,.. Read More;

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Tembo brings back cashback bonus payment to cash LISA Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Tembo has added a cashback bonus payment of up to £300 to its Cash Lifetime ISA (LISA).  Customers transferring a LISA,.. Read More;

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Lending lifts, FTBs borrow over longer terms: UK Finance Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Annual lending to homemovers lifted 15%, while loans to first-time buyers grew 19% — although longer-term offers remain high, second-quarter,.. Read More;

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Norton adds Interbridge to second charge lending panel Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Norton Broker Services has added Interbridge Mortgages to its second charge lending panel. This partnership will provide brokers using Norton Broker,.. Read More;

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Saffron launches professional mortgage range up to 5.5x LTI Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Saffron for Intermediaries has launched a Professional Income Boost range, offering mortgage borrowers up to 5.5 times loan to income,.. Read More;

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BDLA adds three to its executive board Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

The Bridging & Development Lenders Association (BDLA) has made three new appointments to its executive board. Sundeep Patel from United Trust,.. Read More;

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Homeowner equity in UK homes lifts to record

Mortgage Strategy
Mortgage Advisor
1 year ago

The value of the equity UK homeowners have in their properties has risen to a record £5.7trn, due to recovering,.. Read More;

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