HUD announces vacant property note sale

By: ameer@trustedteam.com

The Department of Housing and Urban Development will give nonprofits and government entities first dibs in an upcoming vacant property loan sale, giving precedence to these groups over investors.On...

Read More

Fed’s Waller urges more tightening with inflation far too high

By: ameer@trustedteam.com

Federal Reserve Governor Christopher Waller said he favored more monetary policy tightening to reduce persistently high inflation, although he said he was prepared to adjust his stance if needed...

Read More

Bristol hailed first-time buyer hotspot: What other locations made the list?

By: ameer@trustedteam.com

Bristol has been named as the most popular location for first-time buyers following analysis of Lifetime ISA savers. The city has grown...

Read More

OSFI says mortgage amortization extension “not without risks”

By: ameer@trustedteam.com

Temporarily extending amortization periods has been a saving grace for many variable-rate mortgage holders as a way to manage the impact of higher interest rates and borrowing costs. But...

Read More

Boom in UK estate agent numbers in past year – GetAgent

By: ameer@trustedteam.com

There has been a 10.6% increase in estate agency numbers across the UK in the past year, according to comparison site GetAgent.co.uk. The overall figure currently stands at 24,500, up...

Read More

First Federal Bank to acquire BNC National Bank’s mortgage business

By: ameer@trustedteam.com

First Federal Bank will acquire the mortgage division of BNC National Bank, which will give the Florida-headquartered community-based bank a nationwide consumer direct mortgage platform. The two banks announced they...

Read More

Coventry for intermediaries cuts rates for FTB loans 

By: ameer@trustedteam.com

Coventry for intermediaries has cut its entire first-time buyer-only range at 90% to 95% loan to value.   The mutual’s broker-only arm adds that its three-year products, with a £999...

Read More

News analysis: Tackling the affordability challenge 

By: ameer@trustedteam.com

As inflation and the base rate continue to increase, so does the issue of housing affordability, which is rapidly climbing the agenda of industry challenges. After a significant period of...

Read More

Coventry for intermediaries reduces 90%, 95% LTV rates

By: ameer@trustedteam.com

Coventry for intermediaries has cut its entire first-time buyer-only range at 90% to 95% loan to value.   ...

Read More

Grand National’s Aintree, a strong affordability runner: Benham  

By: ameer@trustedteam.com

Homebuyers pay 12% more on average to live close to leading UK horse racing venues – but Grand National course Aintree is a bookies favourite when it comes to...

Read More