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Home construction must double over next decade to restore 2019 affordability: CMHC - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next,.. Read More;

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Gen H and Nottingham BS extend multi-year forward-flow funding partnership Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Gen H and Nottingham Building Society have extended their multi-year forward-flow funding partnership. The partnership, which was first established in 2022,.. Read More;

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Affordability challenges still plague renters despite falling prices: report - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year,,.. Read More;

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Infrastructure plans hand key role to building body and returns to PPPs Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Labour’s 10-year infrastructure strategy to help it build 1.5 million homes over this parliament sees the return of Public Private,.. Read More;

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LendInvest and Gatehouse announce rate reductions Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

LendInvest Mortgages has reduced rates across the entire suite of residential mortgage products. The lender’s two-year fixed rates up to 75%,.. Read More;

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Industry reacts to BoE holding fire on further rate cut Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The Bank of England’s decision to hold the base rate at 4.25% has come as little surprise.  After May’s cut,.. Read More;

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MPC decision: State of the mortgage market Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Data from UK Finance shows how the Bank of England’s decision to hold the bank rate at 4.25% today will,.. Read More;

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MPC decision: Base rate held at 4.25% Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The Bank of England has held the base rate at 4.25% as widely expected.  The rate-setting Monetary Policy Committee voted in,.. Read More;

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Newcastle BS and Funding 365 liftmaximumLTVs Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Newcastle for Intermediaries has raised the maximum loan-to-value for new build flats, while Funding 365 lifts the maximum LTV for,.. Read More;

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Planning approvals fall 9% in Q1: Housing department Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Planning approvals fell 9% to 61,500 decisions in the first three months of the year from 12 months ago, the,.. Read More;

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Average SVR down 0.70% from June last year: Moneyfacts Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The average standard variable rate (SVR) has fallen further below 8% month-on-month and stands at 7.48%, down from 8.18% a,.. Read More;

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Number of

Mortgage Strategy
Mortgage Advisor
8 months ago

The number of homes for sale priced at one £1m-plus has doubled (+103%) since pre-pandemic levels in 2019. This is according,.. Read More;

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