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Mortgage Charter has supported 1.4m borrowers since launch – Mortgage Strategy
Sep 10, 2024Around 1.4million borrowers have received support through the government’s Mortgage Charter, new FCA figures show. Many of those borrowers were able to lock into a new rate early under the...
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It’s Not a Mortgage Rate Story Anymore
Sep 9, 2024The other day I noticed that mortgage rates were being advertised at some really low levels. Many quotes in the mortgage rate table on my own site were in the...
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Labor market falls short of August expectations
Sep 8, 2024With the Fed next scheduled to meet on interest rates on September 17-18, the sluggish labor market will increase speculation that an oversized rate cut of 50 basis points could...
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First Interstate joins others fined over flood insurance
Sep 7, 2024The civil money penalty that First Interstate Bank in Billings, Montana is paying to resolve alleged federal flood insurance violations adds to an ongoing trickle of enforcement actions in this...
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Some firms doing ‘bare minimum’ to comply with AR rules: FCA
Sep 6, 2024The Financial Conduct Authority has said that principal firm’s oversight of their appointed representatives is improving, but is concerned that some businesses are doing “the bare minimum” to comply with...
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Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage
Sep 5, 2024A new paper from Yale professor Kelly Shue argues that consumers mistakenly wait to take out mortgages and other long-term loans when the Fed is expected to cut rates. Their...
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Most employees fear retirement more than death, divorce: survey
Sep 4, 2024In fact, the employees said they fear retirement more than: divorce (64%) death (61%) getting fired (54%) falling into poor health (53%). These fears come...
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