Canadian interest rates are about 200 basis points higher than they otherwise would be due to government spending at all levels, including billions spent on pandemic relief. That’s the...
Read MoreIn the spotlight for this week’s MPA Talk is Jason Will, who is senior vice president of growth at Embrace Home Loans, and based in Tampa, Florida. Will reflects...
Read MoreSpecialist buy-to-let lender Landbay has announced further rate reductions across its two-year and five-year fixed rate products. Rates on Landbay’s two-year fixed standard and like-for-like range have been reduced by...
Read MoreAs mortgage rates began ramping up in early 2022, leaving borrowers with virtually no incentive to refinance, a wave of nonbanks introduced home equity lines of credit, a popular...
Read MorePurchase application data Last year, when mortgage rates fell from 7.37% to 5.99%, we got three good months of positive purchase application data until the first week of February before...
Read MoreGinnie Mae’s portfolio of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) poses a “significant risk” to the U.S. Department of Housing and Urban Development (HUD) in 2024.The risk stems...
Read MoreA spokesperson for Movement said the company had no comment. L. Scott Bruggemann, senior vice president and general counsel at Summit, said the company continues to compete for talented individuals...
Read MoreThe Federal Housing Administration (FHA) on Tuesday published Mortgagee Letter (ML) 2023-20 updating the amounts allowable for property inspection fees for property preservation and protection to align with industry...
Read MoreNovember 17, 2023 Did you know that occupancy is a requirement when you buy a house with an FHA loan? FHA policy for occupancy requires at least one borrower obligated on...
Read MoreKeystone Property Finance has lowered rates for a third consecutive week with products reduced by up to 20 basis points. ...
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