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Just 3% of recent buyers will be underwater if prices drop 4%

National Mortgage
Mortgage Finance
2 years ago

Slightly more than 3% of people who bought a home since the start of 2021 will be underwater if prices,.. Read More;

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Assetz Capital closes retail arm to focus on institutional funding

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The specialist platform lender anticipates it will run off its retail loan book over five years.      It adds that institutional,.. Read More;

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Base rate lifted to 3.5%

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the base rate by 0.50 percentage points,,.. Read More;

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Number of owner-occupiers aged 65+ rises

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The study says that in 2010 to 2011, 76% of those aged 65 and over were owner occupiers and by,.. Read More;

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Sancus adds Corfield to business development team

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The firm says Corfield has a track record in business development and relationship management with expertise in identifying new business,.. Read More;

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Fewer than half of customers willing to pay for protection: The Exeter

Mortgage Finance Gazette
Mortgage Finance
2 years ago

The insurer finds that 99% of customers say high-quality products are important to them when buying cover.    This is closely,.. Read More;

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Gold-plated tenant regulation drives up rent: Industry letter to Gove

Mortgage Finance Gazette
Mortgage Finance
2 years ago

It says that “current government policy in the rental sector — covering 35% of UK homes — is stoking housing,.. Read More;

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Brokers. Are they really needed?

GLM Mortgage Group
Mortgage Finance
2 years ago

Brokers? Are they really needed?Well before we talk about that, let’s dive into some historyDid you know that mortgage brokering,.. Read More;

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Republicans preview harsh oversight of CFPB's Chopra in next Congress

National Mortgage
Mortgage Finance
2 years ago

WASHINGTON — In a series of blistering back-and-forths with Republican lawmakers, Consumer Financial Protection Bureau Director Rohit Chopra defended a,.. Read More;

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Powell: Duration, not speed, is the name of the interest rate game

National Mortgage
Mortgage Finance
2 years ago

WASHINGTON — The Federal Reserve's sprint to rein in inflation is nearing its end. Now comes the endurance portion of,.. Read More;

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Mortgage activity swings upward after two weeks of declines

National Mortgage
Mortgage Finance
2 years ago

Mortgage activity picked up for the first time in three weeks, despite high interest rates and mixed economic signals, the,.. Read More;

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Mortgage delinquency rate will rise by 0.5% in 2023: TransUnion

National Mortgage
Mortgage Finance
2 years ago

The rate at which borrowers have been marked consistently late on their mortgages is on track to increase by half,.. Read More;

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