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Housing deficit offsets affordability boost from low mortgage rates

National Mortgage
Mortgage Finance
6 years ago

Consumer home buying power rose 13.7% annually in June and 1.1% from last month, according to First American's Real House,.. Read More;

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The Melton cuts rates on Help to Buy and credit repair mortgages

Mortgage Finance Gazette
Mortgage Finance
6 years ago

It announced today it would be cutting the rates on the three and five-year fixed rate Help to Buy mortgages,.. Read More;

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Cape Cod may become even less affordable

National Mortgage
Mortgage Finance
6 years ago

It's a tale of two markets, says Ryan Castle, CEO of the Cape Cod & Islands Association of Realtors. Like,.. Read More;

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Why sluggish mail delivery matters to banks

National Mortgage
Mortgage Finance
6 years ago

The controversy surrounding the U.S. Postal Service could create headaches for bankers who otherwise have been trying to steer well,.. Read More;

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San Diego home price leaps to all-time high

National Mortgage
Mortgage Finance
6 years ago

Home prices in San Diego County blew past previous records to hit an all-time high of $634,000 in July.That represented,.. Read More;

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North west-based bridging finance firm expands into London

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The move will see the bridging finance supplier establish offices in Mayfair and Canary Wharf, with both locations serving as,.. Read More;

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Tandem acquires green lender Allium to boost environmental credentials

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The £60 million fundraising deal will enable Tandem to introduce new green mortgage products, together with digital solutions, which will,.. Read More;

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Promise Money unveils new website and broker packaging system

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The specialist lending distributor, which recently rebranded from its former title Promise Solutions, has been developing its new consumer and,.. Read More;

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Don't Appreciate the Mortgage Stress Test Yet? Give It Time | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Our policy makers have a love-hate relationship with our residential real-estate sector.On the one hand, the sector has provided our,.. Read More;

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Prepayment rate hits 16-year high as serious delinquencies spike

National Mortgage
Mortgage Finance
6 years ago

As interest rates tumbled throughout July, prepayments climbed to the highest monthly rate since 2004.July's prepayment activity reached 2.73%, up,.. Read More;

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Genworth prices $750M debt offering to enhance liquidity

National Mortgage
Mortgage Finance
6 years ago

Genworth Mortgage Holdings has followed through on the previously contemplated debt issuance to help provide liquidity.The company priced and completed,.. Read More;

post

CFPB floats 'seasoned' QM category, refi fee projected to wipe out millions in lender profit, and more of this week's top mortgage news

National Mortgage
Mortgage Finance
6 years ago

Meanwhile, July saw a record surge in existing-home sales, while mortgages in serious delinquency were on the rise,.. Read More;

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