Wage growth eases to two-year low, fuels rate cut hopes – Mortgage Strategy
Oct 16, 2024Wage growth has eased to its slowest pace in two years, fuelling expectations that the Bank of England will cut...
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Most Recent Mortgage News
Mortgage
A Temporary Buydown Could Make Sense While Mortgage Rates Continue to Fall
Oct 15, 2024Last week, I argued that mortgage rates remain in a downward trend, despite some pullback lately. The 30-year fixed had...
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Mortgage
Mortgage market poised for growth as buyer sentiment improves
Oct 14, 2024Michelle Dugan (pictured top), owner at MS Lending in Mississippi, told Mortgage Professional America that rate drops in recent weeks...
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Mortgage
Wells Fargo nearing ‘trough’ in deposit costs after Fed rate cut
Oct 13, 2024UPDATE: This article includes new comments from Wells Fargo’s earnings call and analyst commentary on the bank’s results. The deposit...
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Mortgage
Halifax, Keystone become latest lenders to pull products – Mortgage Strategy
Oct 12, 2024Halifax has become the latest lender to pull products, while lowering selected deals from 14 October. Keystone Property Finance will...
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Mortgage
Is This Mortgage Rate Scare Going to Get Home Buyers Off the Fence?
Oct 11, 2024It’s not quite Halloween just yet, but home buyers may have already gotten a good scare. The 30-year fixed mortgage,...
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Mortgage
Florida homeowners fear the worst as Hurricane Milton nears
Oct 10, 2024An increase in demand for disaster relief loans or refinancing could emerge as homeowners look to rebuild or relocate in...
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Mortgage
US Basel impasse casts doubt on international capital accord
Oct 9, 2024European Union flags near the EU Commission in Brussels, Belgium. Ksenia Kuleshova/Bloomberg As U.S. regulators grapple over a joint capital...
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Mortgage
FCA to probe consolidation in advice market – Mortgage Strategy
Oct 8, 2024The Financial Conduct Authority has announced plans to review consolidation within the advice market. In a letter sent to advice...
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Mortgage
Did Mortgage Lenders Raise Their Early Bird 2025 Conforming Loan Limits Too High?
Oct 7, 2024Over the past several years, mortgage lenders have been offering “early bird” conforming loan limits for the upcoming year. This...
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