Most Recent Mortgage News

Redfin: Black homeownership rate slips to 43.9%

Redfin: Black homeownership rate slips to 43.9%

Black homeowners, who already face long-term disadvantages in the housing market, are losing more ground.  The Black homeownership rate fell...

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Reed becomes new housing secretary after Rayner exit   – Mortgage Strategy

Reed becomes new housing secretary after Rayner exit   – Mortgage Strategy

Steve Reed has become the new housing secretary following the resignation of Angela Rayner over her tax affairs.   He...

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Mortgage Rates Rally on Another Dismal Jobs Report

Mortgage Rates Rally on Another Dismal Jobs Report

Well, this morning’s jobs report delivered, assuming you were looking for even lower mortgage rates. If you were rooting for...

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Trump signs trigger lead bill into law

Trump signs trigger lead bill into law

Industry figures hail a ‘major victory’ for mortgage borrowers Disclaimer: This story is auto-aggregated by a computer program and has...

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Rithm Capital acquires asset management firm Crestline

Rithm Capital acquires asset management firm Crestline

Rithm Capital announced a new acquisition that adds an insurance business and further boosts its efforts to grow beyond its...

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‘Considerable doubt’ over further rate cuts: BoE Bailey   

‘Considerable doubt’ over further rate cuts: BoE Bailey   

The Bank of England governor warned that there is “considerably more doubt” about when the central bank will be able...

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Will a Fed Rate Cut Lead to Lower Mortgage Rates?

Will a Fed Rate Cut Lead to Lower Mortgage Rates?

Well, summer is officially over and it is now September. And we’ve got a Federal Reserve meeting coming up in...

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‘Canary in the coal mine’: How rising consumer debt could signal mortgage troubles

‘Canary in the coal mine’: How rising consumer debt could signal mortgage troubles

The company’s PTI metric compares a borrower’s monthly debt obligation to their gross monthly income. Satyan Merchant (pictured top), SVP...

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Treasuries hold recent gains as inflation gauge stabilizes

Treasuries hold recent gains as inflation gauge stabilizes

US Treasuries retained most of their recent gains as anticipation of Federal Reserve interest rate cuts held firm after the...

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Credit unions see profits rise in Q1: BoE   – Mortgage Strategy

Credit unions see profits rise in Q1: BoE   – Mortgage Strategy

Credit unions saw the overall interim profit of these firms rise by 12.2% to £12.8m in the first quarter of...

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