Most Recent Mortgage News

UK household debt burden set for ‘sharp rise’: Fitch  – Mortgage Strategy

UK household debt burden set for ‘sharp rise’: Fitch  – Mortgage Strategy

Households across the West will not their debt interest burden ease until 2025 “at the earliest” — with the UK’s...

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Want to Move But Have a Super Low Mortgage Rate? Here’s What My Friend Is Doing

Want to Move But Have a Super Low Mortgage Rate? Here’s What My Friend Is Doing

I spoke to a friend the other day who is selling their home and moving up to a bigger one....

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Elon Musk: Jobs to be optional in ‘benign’ AI future

Elon Musk: Jobs to be optional in ‘benign’ AI future

In this scenario, he said there will be universal high income, while AI and robots will provide any goods and...

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Most borrowers do not shop around for mortgage offers, survey finds

Most borrowers do not shop around for mortgage offers, survey finds

The majority of homebuyers stick with the very first mortgage product offered, opting to not shop around with other lenders,...

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FTBs lack understanding around shared ownership: TML – Mortgage Strategy

FTBs lack understanding around shared ownership: TML – Mortgage Strategy

Only 35% of prospective first-time buyers (FTBs) can accurately define shared ownership, The Mortgage Lender (TML) reveals. TML suggests that...

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Why the Plastic May Work Out Better

Why the Plastic May Work Out Better

You may have heard recently that “tappable” home equity has reached an all-time high, thanks to rapidly appreciating home prices...

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What drives one Houston brokerage?

What drives one Houston brokerage?

Most of the company’s loan officers work for the City of Houston, where Firehouse is based, around eight days a...

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Will lenders get a pass on Ginnie Mae prepays?

Will lenders get a pass on Ginnie Mae prepays?

Enjoy complimentary access to top ideas and insights — selected by our editors. Coming out of the Mortgage Bankers Association...

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Nationwide mortgage lending falls 22% to £26.3bn  – Mortgage Strategy

Nationwide mortgage lending falls 22% to £26.3bn  – Mortgage Strategy

Nationwide saw its mortgage lending tumble 21.7% to £26.3bn last year compared to the previous 12 months, due to “a highly competitive mortgage...

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What Is a Mortgage Account Executive?

What Is a Mortgage Account Executive?

There are many different people involved in the home loan process. I wrote about this in detail already, but probably...

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