Credit unions say they should be allowed to provide more mortgages
The average mortgage borrower from a credit union has a lower income than those getting a home loan from a…
Forget the 30-year mortgage: The 40-year mortgage needs to become the new American standard, CEO says
It’s no secret that people can’t afford to buy homes in this post-pandemic era. Home prices skyrocketed during the pandemic,…
Mortgage rates below 6% will entice ‘droves of’ homebuyers
US existing home sales grew 1.3% in July to a seasonally adjusted annual rate of 3.95 million units that were…
Delinquencies improved in July despite Hurricane Beryl’s impact on Houston homeowners
The national delinquency rate fell 12 basis points (bps) to 3.37% in July, offsetting some of June’s calendar-related rise –…
Hodge rebrands its Professional mortgage range to Hodge Resi
Hodge is today (August 22nd) launching a rebranded mortgage range called Hodge Resi, bringing with it a series of substantial…
Home Buyers’ Strike Expands even as Mortgage Rates Drop to Lowest since May 2023. Surging Refis to Speed Up the Fed’s QT
People are waiting for rates and prices to drop, while supply keeps rising. By Wolf Richter for WOLF STREET. Mortgage rates dropped to…
Property118 | Labour’s ‘Freedom to Buy’ mortgage scheme faces criticism
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4 signs you should refinance your mortgage now
With interest rates falling, now may be a good time to apply for a mortgage refinance loan. Getty Images Mortgage…
Mortgage guarantee scheme completions have reached over 44,000 since launch
Since its launch in 2021 to March this year, the number of completions through the mortgage guarantee scheme has…
Mortgage rates drop to their lowest levels in two years
The recent base rate reduction by the Bank of England has led to a significant decrease in mortgage rates, with…