Commentary: Why it could make sense for your reverse mortgage borrower to bring cash to close

June 17, 2023by

In February of 2022, the 10-year treasury rate was at 1.74%.  Now, just 15 months later, it sits at...

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Despite obstacles, homeownership rate climbs for below-median income households

June 17, 2023by

Below-median family income households are overcoming constraints related to increased borrowing costs and home prices and are finding ways...

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Aldermore appoints Nicola Goldie as head of strategic partnerships and growth  

June 16, 2023by

Aldermore says that Nicola Goldie has joined the bank’s property division as head of strategic partnerships and growth.   ...

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Paragon Bank, Vida offer limited edition 2-year BTL deals  

June 16, 2023by

Paragon Bank has launched a limited edition discounted standard variable rate product for landlords, while Vida has cut the...

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London postcodes top the property price list

June 16, 2023by

The latest research by London lettings and estate agent, Benham and Reeves shows that the W1K postcode of Westminster...

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Second Charge Watch: Seconds are first port of call when times are tough

June 16, 2023by

Growth in the second charge market has fluctuated over the past couple of years as the property market continues...

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Mortgage searches jump 10% after BoE rate rise: Twenty7tec  

June 16, 2023by

Mortgage searches jumped by as much as 10% after the Bank of England raised interest rates last month, data...

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Both sides of mortgage industry facing cost pressures: report

June 16, 2023by

As the mortgage industry struggles with profitability in the current rate environment, diversification can help, but the going could...

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Six in 10 mortgage workers live paycheck-to-paycheck

June 16, 2023by

Approximately 60% of commissioned mortgage professionals claim to be living paycheck to paycheck because of delays in payment in...

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Broker mortgage searches lift 10% after BoE rate rise: Twenty7tec  

June 16, 2023by

Mortgage searches jumped by as much as 10% after the Bank of England raised interest rates last month, data...

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