Trending Mortgage news about current market shifts can help you to stay abridge with the latest information.

Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Mortgage holders withdrew a mere 0.41% of tappable equity in Q3, about 55% below the average withdrawal rate seen in the 12 years... Read more
"There is always an opportunity" | Mortgage Professional... Read more
A handful of state housing regulators moved to revoke Hometown Lenders' license in recents weeks. Overwhelmingly, the notices filed accuse the lender of not paying mortgage insurance premiums on what amounts to hundreds of government-insured loans.In total, there are at least 300 Federal Housing Administration loans originated by Hometown with... Read more
Average new seller asking UK prices will slip by 1% by the end of 2024, “as the market continues its transition to more normal levels of activity following the frenetic post-pandemic period,” says Rightmove.   The property website says sellers are likely to have to price more competitively to find... Read more
Pepper Money has launched its 2023 Specialist Lending Study, providing brokers with in-depth data on what is impacting existing and potential customers. It covers topics such as adverse credit, the cost-of-living crisis and other considerations that can impact the lives of mortgage customers. The latest edition of the study is... Read more
The Right Mortgage has launched a company protection hub to support advisers who work with corporate clients including how best to protect them and their owners. The hub includes a range of support, documentation, help and guidance for advisory firms working in the corporate protection sector. Products covered include business... Read more
Paradigm has launched an online technology hub bringing together a raft of information and partnerships to help advisers get the most out of the digital services available to them.  The mortgage club says the hub covers planning, reporting, back office and online presence, mortgage sourcing, protection tech, equity release, mortgage... Read more
Average new seller asking UK prices will slip by 1% by the end of 2024, “as the market continues its transition to more normal levels of activity following the frenetic post-pandemic period,” says Rightmove.   The property website says sellers are likely to have to price more competitively to find... Read more
Paradigm has launched an online technology hub bringing together a raft of information and partnerships to help advisers get the most out of the digital services available to them.  The mortgage club says the hub covers planning, reporting, back office and online presence, mortgage sourcing, protection tech, equity release, mortgage... Read more
Non-bank lender Firstmac has successfully completed a $300 million auto asset-backed security (ABS) issue. The lender stated that the issuance had been priced at the “tightest margin across every tranche for all ABS transactions in Australia this year”. The issue is the second auto ABS transaction for Firstmac after completing... Read more
The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy. The SME lender formally known as Grow Finance, Dynamoney yesterday (30 November) revealed the appointment of Gregory Woszczalski as executive chairman following the departure of John Murphy. You’re out of free articles for this... Read more
The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines. The Commonwealth Bank of Australia’s (CBA) mortgage portfolio has held steady at $542 billion in October, recording a slight increase of 0.01 per cent, according to the latest monthly authorised deposit-taking institution (ADI) statistics... Read more
CoreLogic’s latest national Home Value Index (HVI) rose by 0.6 per cent in November, marking the smallest monthly gain since the beginning of the current growth cycle in February 2023, however, the national HVI has still achieved a record high in the month. Since the drop of 7.5 per cent... Read more
The lender has revealed its next managing director and chief executive officer. ASX-listed lender Auswide Bank Ltd has announced the appointment of current non-executive director Greg Kenny as interim managing director and chief executive officer of the bank, effective 11 December. You’re out of free articles for this month To... Read more
Purchase application data Hello, early Christmas present! Mortgage rates have fallen by almost 1% in a short time, and it has created four straight weeks of positive purchase application data. I recently covered this noteworthy topic on the HousingWire Daily podcast because we need to add some reality checks with... Read more
Despite interest rates having been elevated for over a year, Canada’s largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years. “To date, less than a third of mortgage clients... Read more
The servicing of reverse mortgages is far more nuanced than conventional loans, with many moving regulatory parts that impact the way in which such loans are cared for by companies like Celink. With that in mind, what barriers might exist in implementing new technologies to simplify the servicing of such... Read more
It doesn’t happen every day, but it appears that some comedians have turned their attention to reverse mortgages. In October, reverse mortgages featured in ignoramus Peter Griffin’s animated sitcom “Family Guy” in a parody that was light on facts and substance. A very similar baton passed this week to Comedy... Read more
December 1, 2023 What can borrowers expect from an American economy trying which is STILL in the process of recovering from the negative financial effects of COVID-19? Some experts are currently talking about the minor gains in mortgage rates and interest rates falling overall but are quick to point out... Read more
Some new and innovative mortgage products have recently emerged to help Canadians manage the current high interest rate environment, perhaps most talked about being True North Mortgage’s 1-year 4.99% fixed rate term. The new product offers a steep discount from the comparable 1-yr rates of 7% to 8% offered by... Read more
Real estate finished November as the second best performing group in the S&P 500 Index adding 12%, trailing slightly behind tech's 13% gain. The momentum was fueled by bets the central bank may begin cutting rates as early as next year.RELATED: Mortgage rates will decline further, economic signs indicateIn November,... Read more

Let’s Connect

Reviews

Ranking

Reach out

888.502.8187

Help@trustedteam.com