Most Recent Mortgage News

California insurance chief backs 22% State Farm rate increase

California insurance chief backs 22% State Farm rate increase

California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending...

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TMW cuts new landlord rates to start from 3.24%    – Mortgage Strategy

TMW cuts new landlord rates to start from 3.24%    – Mortgage Strategy

The Mortgage Works will cut rates by up to 30 basis points across selected buy-to-let products for new customers with...

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If You’re Buying a Home Today, Expect to Keep It for a Long Time

If You’re Buying a Home Today, Expect to Keep It for a Long Time

It seems pretty clear that the housing market has cooled, and is now more of a buyer’s market than a...

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Getting to know the five largest banks in America

Getting to know the five largest banks in America

In 2024, JPMorgan Chase invested $20 million to support home buyers in underserved communities across the US.  2. Bank of...

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What’s the difference between an equity and mortgage REIT?

What’s the difference between an equity and mortgage REIT?

Real estate investment trusts are powerful tools for investors and financial professionals looking to gain exposure to real estate without...

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e.surv HPI shows annual dip in prices but monthly growth – Mortgage Strategy

e.surv HPI shows annual dip in prices but monthly growth – Mortgage Strategy

The latest HPI data from e.surv, shows a 2.5% annual decrease in the average sale price of a home in...

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Rocket to Acquire Redfin to Boost Home Purchase Lending and Take Back #1 Spot

Rocket to Acquire Redfin to Boost Home Purchase Lending and Take Back #1 Spot

Just a week after Rocket Mortgage exited Canada, parent company Rocket Companies has announced its intent to acquire Redfin. The...

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Don’t bank on a sudden interest rate cut – Powell

Don’t bank on a sudden interest rate cut – Powell

Labor market remains resilient but signals mixed The latest labor report showed the U.S. economy added 151,000 jobs in February,...

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HUD drafts delay for new-build energy efficiency standards

HUD drafts delay for new-build energy efficiency standards

The Department of Housing and Urban Development is preparing to push some pending compliance dates for energy-efficiency standards on new...

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Fleet confirms number of criteria changes – Mortgage Strategy

Fleet confirms number of criteria changes – Mortgage Strategy

Fleet Mortgages has announced a raft of criteria changes designed to provide greater flexibility and help advisers place more landlord...

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