Home prices climb amid shrinking inventory, modest bump in demand

May 3, 2023by

In March, a modest bump in homebuyer demand, combined with a decline in for-sale inventory, drove up home prices...

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Foundation Home Loans slashes rates on product range

May 3, 2023by

Foundation Home Loans is introducing rate reductions of up to 0.70% across its core owner-occupied range and up to...

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OSB Group lifts loan book guidance on ‘robust’ trading  

May 3, 2023by

OSB Group lifted its full-year loan book growth guidance after reporting “robust” trading in the first three months of...

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Quarter of those with complex incomes refused mortgages

May 3, 2023by

Over a quarter (28%) of adults with non-typical income streams, including those who are self-employed, have had a mortgage...

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Mortgage demand falls despite a decline in rates

May 3, 2023by

30-year fixed mortgage rates declined slightly last week, the first rate drop in three weeks, but it wasn’t enough...

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Black & White hires Tyler as director of intermediaries  

May 3, 2023by

Black & White has hired Adam Tyler as director of intermediaries to lead the specialist lender’s new business development....

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Home registrations plummet 40% in Q1: NHBC   

May 3, 2023by

The number of new homes registered to be built tumbled 40% to 27,673 in the first three months of...

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Lloyds profits rise on back of higher rates

May 3, 2023by

Lloyds Banking Group, which owns Halifax, reveals a 46% surge in profits – owing in large part to higher...

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Banking leaders hope First Republic deal ends seven-week crisis

May 2, 2023by

The demise of Silicon Valley Bank on March 10 was followed by the collapse of Signature Bank on March...

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NRMLA voices support for FHA ADU rental income proposal

May 2, 2023by

The National Reverse Mortgage Lenders Association (NRMLA) submitted comments to the Federal Housing Administration (FHA) in support of its...

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