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All average fixed rates drop, Moneyfacts data shows - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average rate for a two-year fix fell 12 basis points, to 5.63%, while the average rate for a three-year,.. Read More;

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Mortgage affordability approaches all-time low: Nationwide - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The bank’s affordability report states that between the start of the pandemic and the end of 2022, house prices increased,.. Read More;

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Construction output flat in November, ONS reports - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The latest data follows a downwardly revised increase of 0.4% from 0.8% in October. The main contributions towards the flat growth,.. Read More;

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Community reinvestment group plans to put KeyBank's regulators on notice

National Mortgage
Mortgage Finance
3 years ago

One month after releasing a highly critical report about KeyBank's mortgage lending record to Black borrowers, the National Community Reinvestment,.. Read More;

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City National Bank settles DOJ redlining allegations for $31 million

National Mortgage
Mortgage Finance
3 years ago

LOS ANGELES — City National Bank in Los Angeles has agreed to pay $31 million to settle allegations of lending,.. Read More;

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Fed moves cause major headaches for the mortgage ecosystem

National Mortgage
Mortgage Finance
3 years ago

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. A happy note as the New Year,.. Read More;

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Housing inventory grew in December as market remained sluggish

National Mortgage
Mortgage Finance
3 years ago

December housing numbers showed inventory opening up as previous booming sales numbers slowed throughout 2022, but supply still lagged behind,.. Read More;

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Mortgage rates move down on inflation expectations

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates resumed moving downward this week, baking in bond market expectations of a favorable inflation report, Freddie Mac said.,.. Read More;

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Lenders apprehensive about implementing tech for closings

National Mortgage
Mortgage Finance
3 years ago

Some mortgage lenders are still lukewarm about embracing fully digital solutions for closing a loan, even after all of the,.. Read More;

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North American Savings Bank exits consumer direct home lending

National Mortgage
Mortgage Finance
3 years ago

A Midwest bank is the latest to shut down part of its mortgage lending operations and shed payroll amid dwindling,.. Read More;

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UWM gives brokers 125 basis points to play with in 1Q

National Mortgage
Mortgage Finance
3 years ago

United Wholesale Mortgage, which rode its Game On pricing promotion to become the No. 1 lender during the third quarter,,.. Read More;

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Convey Law offers first solicitor training contracts - Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The CLC conveyancing practice says it has met the training standard requirements of the Solicitors Regulation Authority and has begun,.. Read More;

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