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Multifamily mortgage volume likely to drop 11% in 2023

National Mortgage
Mortgage Finance
3 years ago

Multifamily mortgage originations are expected to fall by 11% year-over-year in 2023 as the entire commercial real estate sector is,.. Read More;

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Mortgage rates rose for a second week, according to Freddie Mac

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates increased for the second week in a row as its movements diverged from the benchmark 10-year Treasury, the,.. Read More;

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Fed's George says rates should stay above 5% well into 2024

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Bank of Kansas City President Esther George said the central bank should raise its benchmark interest rate above,.. Read More;

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Growing levels of home ownership slipped in 2022: Leeds Building Society

Mortgage Finance Gazette
Mortgage Finance
3 years ago

In 2020/21, 65% of households either owned their property outright, or held a mortgage. Of this, 35%, of homes were,.. Read More;

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Higher conforming limits move over 2M homes out of jumbo market

National Mortgage
Mortgage Finance
3 years ago

The increase in the conforming loan limits for 2023 pulled over 2 million homes out of the jumbo financing market,,.. Read More;

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Sarah Hartwell joins Foundation Home Loans as key account manager

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Hartwell has 20 years’ experience in the mortgage industry and joins from Vida Homeloans where she spent four and a,.. Read More;

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Blog: Hopes for buy-to-let in 2023

Mortgage Finance Gazette
Mortgage Finance
3 years ago

I say this with caution but, thankfully, things seemed to have calmed of late. If that sounds a little unsure,,.. Read More;

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Armalytix joins Conveyancing Association as affiliate member

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data intelligence firm and open banking platform allows clients to move funds, access financial analysis and carry out wealth,.. Read More;

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Mortgage industry prepares to ride out troubles in 2023

National Mortgage
Mortgage Finance
3 years ago

After its most challenging year in a decade — marked by rounds of layoffs and surging interest rates — most,.. Read More;

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OSB Group recruits two managers to push ESG programmes

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The business — whose brands include Kent Reliance and Precise Mortgages — says Shana Roberts and Lexi Tsalkitzoglou will “support,.. Read More;

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Home mortgage searches plunge by 41% in December: Twenty7Tec

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Remortgage and first-time buyer searches were down for the month by 35.3% and 38.1%, respectively.  Purchase mortgage and remortgage searches were down,.. Read More;

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N.Y. Fed warns of debt crunch coming if Biden's student-loan plan fails

National Mortgage
Mortgage Finance
3 years ago

Student borrowers in the U.S. are struggling to keep up with other kinds of debt even while college payments are,.. Read More;

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