Housing inventory growth: Good for buyers, bad for builders

By: ameer@trustedteam.com

Housing inventory growth has been a blessing for the existing home sales market, while builders are struggling with greater supply.

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Trump says Fannie Mae suspects Schiff of mortgage fraud

By: ameer@trustedteam.com

Government officials confirmed the California Democrat is under scrutiny over a long-held Maryland property he designated as a second home in 2020.

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Mortgage executive urges brokers to prioritize mental health amid market uncertainty

By: ameer@trustedteam.com

UMortgage exec urges mortgage pros to mind mental health in volatile economy

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How brokers can shift homebuyer attention away from Federal Reserve rate drama

By: ameer@trustedteam.com

Why people are paying too much attention to the Fed and the discourse around rate cuts

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Inflated construction costs kept RBA from cutting rates

By: ameer@trustedteam.com

The cost of building new homes increased over the June quarter. This factored into the decision to hold rates and could stall housing target process.

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Interest rate hold hurts consumer confidence

By: ameer@trustedteam.com

The RBA’s shock cash rate hold has resulted in a drop in consumer confidence. Relief is expected to lift results later in 2025.

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3 convicted in ‘interest free’ mortgage scam

By: ameer@trustedteam.com

Three people face up to 15 years’ imprisonment after the jury found them guilty of dishonesty offences.

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Brokers want a regulatory standard for clawbacks

By: ameer@trustedteam.com

Lender clawback policy can vary widely depending on the institution. Some have harsh conditions, while others have no clawbacks at all. Some brokers believe blanket regulation could benefit the...

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Lender appetite for SME loans surges

By: ameer@trustedteam.com

Shifting sentiment from lenders has resulted in a surge in the number of commercial finance settlements.

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Major banks dominating LMI loan market

By: ameer@trustedteam.com

The portion of loans requiring lenders mortgage insurance (LMI) is around three times higher at the majors than it is at non-banks.

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