Interest-only mortgage searches jump 53% in June: L&G  

By: ameer@trustedteam.com

Broker searches for interest-only mortgages jumped by more than half last month as borrowers looked to reduce their monthly costs, according to Legal & General’s Ignite platform.   The hub...

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Anchor Loans appoints new COO

By: ameer@trustedteam.com

Most recently, Fraser served as senior vice president for commercial real estate lending solutions at Built Technologies, a provider of construction-finance software. The 30-year industry veteran has also held...

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First Home Mortgage expands in Maryland

By: ameer@trustedteam.com

“Anyone who’s had the pleasure of working with RL knows that his passion for working at the community level makes him a perfect fit for the First Home team,”...

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AG Mortgage Investment Trust bids to acquire Western Asset Mortgage

By: ameer@trustedteam.com

Read More: Western Asset Mortgage Capital, Terra Property Trust share merger plans However, AG Mortgage president and CEO T.J. Durkin noted that WMC has seen a 10.1% decline in its...

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Mortgage rates surge to new record high

By: ameer@trustedteam.com

“Incoming data suggest that inflation is softening, falling to its lowest annual rate in more than two years,” Freddie Mac chief economist Sam Khater said. “However, increases in housing...

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TSB lifts 5-year purchase and remo rates by up to 50bps 

By: ameer@trustedteam.com

TSB will raise its five-year fixed-rate purchase and remortgage rates by up to 50 basis points today (14 July).  The house purchase move covers homemover and first-time buyer deals between...

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Average fixed rate deals continue to rise: Moneyfacts

By: ameer@trustedteam.com

Average fixed mortgage rates continued to rise this week putting even greater pressure on UK homeowners and buyers. ...

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TSB raises 5-year purchase and remo loans by up to 50bps 

By: ameer@trustedteam.com

TSB will raise its five-year fixed-rate purchase and remortgage rates by up to 50 basis points today (14 July).  ...

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Veteran sales executives part ways with Movement

By: ameer@trustedteam.com

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire.  Deran Pennington, who spent the last...

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Positive response from Labour summit with brokers

By: ameer@trustedteam.com

Constructive talks were held at the  ‘mortgage summit’ held yesterday in London between Labour’s shadow housing secretary Lisa Nandy, shadow chancellor Rachel Reeves and mortgage broker representatives. Nandy commented: “It...

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