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As Fed goes full steam ahead on higher interest rates, banks brace for new normal

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve's target federal funds rate is as high as it has been in a decade and is unlikely,.. Read More;

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ARM borrowers today more financially fit than average buyer: Zillow

National Mortgage
Mortgage Finance
3 years ago

While this year's increase in adjustable-rate mortgage volumes may bring up associations with the subprime mortgage crisis, don't expect the,.. Read More;

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Why the Bank of Canada and the Bond Market Are Both Half Right (and Half Wrong) | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
3 years ago

  Our bond markets and our central banks are not on the same page right now. Both the US Federal Reserve (the,.. Read More;

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Stress Free Switches & Renewals

GLM Mortgage Group
Mortgage Finance
3 years ago

Stress Free Switch/RenewalOvertime, the mortgage switch/renewal market is much larger, and lower stress, than the purchase market. There’s no pressure,,.. Read More;

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CHLA asks for changes to repooling procedures for modified FHA loans

National Mortgage
Mortgage Finance
3 years ago

The Community Home Lenders Association this week called for changes to be made surrounding loss mitigation procedures for defaulted borrowers,.. Read More;

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Lenders must choose whether to stay in the fight: Stratmor

National Mortgage
Mortgage Finance
3 years ago

Mortgage companies active in production have some tough decisions to make about their businesses following what was a tough second,.. Read More;

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Blend upgrades home equity automation to speed closings

National Mortgage
Mortgage Finance
3 years ago

Blend Labs is rolling out technology it claims can trim approvals and closings for home equity products to a matter,.. Read More;

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Powell sees 'some pain' ahead in quest to slay inflation

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve chair Jerome Powell was quick and to the point in a speech Friday morning: Inflation is not yet,.. Read More;

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Some student loan forgiveness will benefit mortgages

National Mortgage
Mortgage Finance
3 years ago

Student loan forgiveness for more than 40 million people announced this week could help improve mortgage eligibility and performance for,.. Read More;

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All rates rise again, with three-year fixes surging, Moneyfacts data shows

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The average rate for a two-year fix flicked up 8 basis points, to 4.17%, with the aforementioned three-year fix climbing,.. Read More;

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Bridging applications, completions and loan books rebounded in Q2

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The data, compiled by auditors from data provided by members of the ASTL, reveals that bridging completions were just over,.. Read More;

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Two thirds of mortgage further advances being used for home improvements: Halifax

Mortgage Finance Gazette
Mortgage Finance
3 years ago

Halifax conducted a survey of over 4,600 people looking at spend on homes and gardens, people’s attitudes towards becoming greener,.. Read More;

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