Huge surge in borrowers searching ‘when will mortgage rates drop?’

By: ameer@trustedteam.com

Searches for the term ‘when will mortgage rates drop’ jumped from next to nothing twelve months ago to nearly 7,000 in June and July. ...

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Mortgage rate trend continues downward: Rightmove

By: ameer@trustedteam.com

It’s been another week of relative stability in the mortgage market, with average rates dropping at the same pace as last week and continuing to slowly head downwards for...

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Lenders have ‘moral obligation’ to keep tenants in their homes

By: ameer@trustedteam.com

Lenders have a “moral obligation” to keep tenants in their homes as more landlords face repossession for arrears, according to the chief executive of Generation Rent. Ben Twomey has penned...

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Mortgage Metrics launches to monitor changing rates for brokers  

By: ameer@trustedteam.com

A new rate monitoring tool for brokers has been launched by two mortgage professionals that they say will save intermediaries “a significant amount of time every day”.   Mortgage Metrics...

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More homeowners are forgoing property insurance

By: ameer@trustedteam.com

As the United States has had to deal with an accelerating pace of extreme weather events and natural disasters — playing out most recently in coastal or island areas...

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The impacts of home price appreciation, rate increases on reverse mortgages

By: ameer@trustedteam.com

Home price appreciation is a critical metric when gauging the health and penetration rate of the reverse mortgage product, and the Federal Housing Finance Agency (FHFA)’s house price index...

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ASIC warns lenders about financial hardship measures

By: ameer@trustedteam.com

ASIC has penned an open letter to lenders calling on them to support customers experiencing financial hardship. The letter was sent to 30 banks, credit unions, buy now pay later...

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Inflation slows, housing costs continue to rise

By: ameer@trustedteam.com

The monthly Consumer Price Index (CPI) indicator rose 4.9% in the 12 months to July 2023 down from 5.4% in June, according to the latest data from the Australian...

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Better sued for $1.8 million over advertising payments

By: ameer@trustedteam.com

A major publisher claims Better Home & Finance hasn't paid over $1.8 million from ad placements late last year across brands such as Investopedia, Martha Stewart, and Southern Living. A...

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House price growth eases to lowest since 2012: Zoopla  

By: ameer@trustedteam.com

UK annual house price growth slowed to 0.1% this month, the lowest rate for 11 years as high mortgage rates bite into the industry, data from Zoopla shows.   ...

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