InterBay offers partners access to enhanced bridging range

By: ameer@trustedteam.com

InterBay, part of the OSB group, has launched Select Partners; a new partner proposition which offers exclusive access to its enhanced bridging range. The bridging range includes semi commercial and...

Read More

Lenders starting to offer better rates; Moneyfacts

By: ameer@trustedteam.com

After weeks of lenders increasing rates on selected mortgage products, this week saw some lenders bring rates down – albeit modestly. As Moneyfacts finance expert Rachel Springall points out there...

Read More

Foundation reduces owner-occupier and BTL rates by up to 0.85%

By: ameer@trustedteam.com

Foundation Home Loans has announced rate reductions of up to 0.85% on its core owner-occupier product range and 0.60% on its core buy-to-let product range. In the owner-occupier range, Foundation...

Read More

Lenders report good profits but tough times ahead

By: ameer@trustedteam.com

The Nottingham Building Society reveals a positive financial performance for the half year to end of June, achieving growth in mortgage lending numbers in a challenging environment. ...

Read More

Powell: Banks are working to avoid ‘clunky’ discount window experience

By: ameer@trustedteam.com

Jerome Powell, chairman of the Federal Reserve, says that more needs to be done to get banks ready to use the discount window after problems with it emerged during...

Read More

U.S. homeowner equity climbs to a record high

By: ameer@trustedteam.com

The share of U.S. mortgage borrowers who are equity-rich climbed to a new high last quarter as the housing market rebounded.Equity-rich mortgages — those that have a loan-to value...

Read More

Rocket returns to top of servicer satisfaction study

By: ameer@trustedteam.com

Rocket Mortgage regained the top spot in terms of consumer satisfaction with their mortgage servicer, scoring higher than it did in 2022 at a time when general consumer contentment...

Read More

New-home sales fall for first time since February

By: ameer@trustedteam.com

U.S. new-home sales declined in June for the first time in four months, suggesting high borrowing costs and prices are restraining momentum in the market.Purchases of new single-family homes...

Read More

Second feature: Rise of borrowers with credit blips

By: ameer@trustedteam.com

ShutterstockMortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest rates and the financial disruption during Covid start to...

Read More

Lenders show decent profit but tough times ahead

By: ameer@trustedteam.com

The Nottingham Building Society reveals a positive financial performance for the half year to end of June, achieving growth in mortgage lending numbers in a challenging environment. The Nottingham shows...

Read More