Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. The rise in...
Read MoreMortgage shoppers and those with upcoming renewals may see some rate relief next week thanks to a steep drop in bond yields. This week alone, the 5-year Government of Canada...
Read MoreThe Federal Housing Administration (FHA) this week published a new draft version of a Mortgagee Letter (ML) containing a series of proposed changes to the Home Equity Conversion Mortgage...
Read MoreThe Federal Housing Administration (FHA) this week extended a moratorium on foreclosures on the island of Maui as the community continues to deal with the fallout of devastating wildfires...
Read MoreTexas-headquartered lender and servicer Mr. Cooper pointed to a cybersecurity incident that forced the company to lock down certain technology systems including access to its online payment portal. “On October...
Read MoreOn Thursday, the Office of the Inspector General (OIG) of the U.S. Department of Housing and Urban Development (HUD) announced that it is initiating an inquiry into how Ginnie...
Read MoreInvestor activity have carried the lending market for September, with new investor loan commitments rising 2.0%, which is 2.6% higher than last year, according to the latest ABS lending...
Read MoreJeremy Duncombe, managing director at Accord Mortgages Taking the first step on the property ladder, or going solo when it comes to employment, are two milestone moments in a person’s...
Read MoreLeeds Building Society has improved rates on residential 75% LTV and 80% LTV loans. The mutual now offers two-year fixed-rate mortgages at 75% LTV at 5.23%, with a £999...
Read MoreReal estate stocks were the second best-performing sector in the S&P 500 Index on Thursday after the Federal Reserve's decision to hold rates steady sparked optimism that the central...
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