Fixed rate price drops slow down, Moneyfacts data reveals

By: ameer@trustedteam.com

The average rate for a two-year fix fell 3 basis points, to 5.33%, and the average rate for a three-year fix slipped by a single basis point, to 5.22%. Meanwhile,...

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Are shaky nonbanks putting Ginnie Mae at risk?

By: ameer@trustedteam.com

Some experts warn that nonbank home lenders could falter as interest rates rise and the housing market slows. That could have a significant impact on Ginnie Mae, which is...

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Consumer Duty will sharpen equity release introducer relations: Key  

By: ameer@trustedteam.com

Equity release referral relationships will be boosted by new Consumer Duty rules, which will drive customer service standards, says a report from Key Partnerships.   But the survey finds that...

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Arrears and voids hit lowest level for six years: Paragon Bank

By: ameer@trustedteam.com

The proportion of landlords experiencing tenants in rental arrears has fallen to its lowest level since the metric was first tracked in 2017, Paragon Bank reveals, as has the...

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Scottish prices post record £225,520 in December: Walker Fraser Steel  

By: ameer@trustedteam.com

Average house prices in Scotland lifted by 7% to a fresh record of £225,520 in December compared to a year ago, according to the latest Walker Fraser Steele Acadata...

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Only 13% of landlords plan not to increase rent when remortgaging: Landbay

By: ameer@trustedteam.com

Almost seven in 10 (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from the Landbay quarterly survey reveals. The...

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Equity release introducer relationships will be boosted by Consumer Duty: Key Partnerships  

By: ameer@trustedteam.com

But the survey finds that 57% of introducers say they still need to make changes to processes to be up to standard for the Financial Conduct Authority rules, which...

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Landbay reveals only 13% of landlords plan not to up rent when remortgaging

By: ameer@trustedteam.com

The latest survey reveals that 44% of landlords expect to increase rent by 6% to 10% in the coming 12 months if their mortgage rate increases. Of those who intend...

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Commercial, multifamily originations buck seasonal trends in Q4

By: ameer@trustedteam.com

Five out of six property types experienced the originations slump in the fourth quarter. There was a 69% year-over-year decrease in the dollar volume of loans for industrial properties,...

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Clear Capital invests $15.5 million in California multifamily property

By: ameer@trustedteam.com

Built-in 1984, Aspire Seneca features 124 one-, two-, and three-bedroom units with condo-style floor plans in classic condition averaging 770 square feet. The property has ample amenities, including two...

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