Most Recent Mortgage News

Home sales canceled in January at highest pace in years

Home sales canceled in January at highest pace in years

Consumer skittishness, wildfires and rising inventory combined to push the January cancellation rate for pending home sales to its highest...

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Metro Bank mortgage lending falls, as it ‘pivots’ to specialist loans   – Mortgage Strategy

Metro Bank mortgage lending falls, as it ‘pivots’ to specialist loans   – Mortgage Strategy

Metro Bank said its gross new residential mortgages fell by more than a third after the sale of a £2.5bn...

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Which Is Better and Why?

Which Is Better and Why?

To mortgage folks across the country, it’s an age-old question: “Lock or float?” It’s a question loan officers and mortgage...

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Lumber market chaos: ‘I’ve never seen anything like this’

Lumber market chaos: ‘I’ve never seen anything like this’

“I think it’s going to slow down demand and I can’t imagine it’s going to cause [mortgage rates] to go...

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Tech platform Realpha acquires second mortgage brokerage

Tech platform Realpha acquires second mortgage brokerage

Following a similar transaction last fall, real estate technology platform Realpha Tech Corp. is expanding in home lending through the...

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Housing Ministry    – Mortgage Strategy

Housing Ministry    – Mortgage Strategy

Social housing sales came in at just over 17,500 last year in England, tumbling by around 40% compared to the...

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Mortgage Rates Back Below Year-Ago Levels as We Head into Spring

Mortgage Rates Back Below Year-Ago Levels as We Head into Spring

As anticipated, mortgage rates are back below their year-ago levels. I had suspected they would be, despite a rough couple...

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Private lending: What’s in store for the space?

Private lending: What’s in store for the space?

State regulations a persistent challenge to private lending growth The space made $8 billion in securitizations last year, with $12...

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Mortgage interest rates inch down in slow-moving pattern

Mortgage interest rates inch down in slow-moving pattern

Mortgage rates have fluctuated less than 20 basis points in the past five weeks, in a pattern Freddie Mac says...

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Marsden Building Society loosens expat lending policy   – Mortgage Strategy

Marsden Building Society loosens expat lending policy   – Mortgage Strategy

Marsden Building Society has relaxed its expat mortgage criteria, including additional support for expats returning to the UK.   The...

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