Industry energy felt by vendors at latest NRMLA conference

By: ameer@trustedteam.com

Reverse originators expressed feelings of optimism at the National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting this week. But they weren’t the only industry veterans present. A number...

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Research shows why older adults face a higher rate of mortgage denials

By: ameer@trustedteam.com

Older Americans tend to have higher credit scores, but other factors can lead to denying an older client a mortgage loan, according to an analysis of the trend by...

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Prime rate reaches 22-year high of 6.95% and could rise further as rate-hike expectations grow

By: ameer@trustedteam.com

Variable-rate borrowers will see their interest cost on their next mortgage payment rise as banks and other financial institutions have lifted their prime rates to a 22-year high of...

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HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more

By: ameer@trustedteam.com

The U.K.'s biggest bank temporarily withdrew mortgage deals via broker services on Thursday, CNBC understands. A large number of fixed-rate mortgage deals is set to expire this year, leaving homeowners vulnerable...

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The Federal Reserve may pause its interest rate hiking campaign. What that means for you

By: ameer@trustedteam.com

The Federal Reserve is expected to pause its interest rate hiking campaign at the end of its two-day meeting next week. Consumers will still feel the effects of higher rates...

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Paragon adds nine new buy-to-let deals

By: ameer@trustedteam.com

  Paragon Bank has launched nine new limited edition buy-to-let mortgages with zero or flat fees and discounted standard variable rates. Zero fee five-year fixed rates are available for those purchasing...

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Average house price continues to fall – e.surv

By: ameer@trustedteam.com

The average house price fell by £814, or -0.2%, in May 2023, according to the latest price index from e:surv. It is the fifth month in succession in which the...

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CHL reintroduces 5-year fixed rate deals

By: ameer@trustedteam.com

CHL Mortgages has added a suite of 5-year fixed rate products to their mortgage range to complement the recently launched 3-year tracker and lifetime tracker products. Interest rates on the...

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Q&A: Top lenders on where mortgage tech stands in 2023 

By: ameer@trustedteam.com

This year’s down market has shifted what mortgage lenders are seeking from their technology partners, because the spare dollars for nice-to-haves are no longer around. The booming housing market...

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Continued fall in house prices – e.surv

By: ameer@trustedteam.com

The average house price fell by £814, or -0.2%, in May 2023, according to the latest price index from e:surv. ...

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