Most Recent Mortgage News

New York Community to rebrand corporate identity

New York Community to rebrand corporate identity

A year of upheaval for New York Community Bank is culminating with a corporate name change, as it fully takes...

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Wage growth eases to two-year low, fuels rate cut hopes – Mortgage Strategy

Wage growth eases to two-year low, fuels rate cut hopes – Mortgage Strategy

Wage growth has eased to its slowest pace in two years, fuelling expectations that the Bank of England will cut...

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A Temporary Buydown Could Make Sense While Mortgage Rates Continue to Fall

A Temporary Buydown Could Make Sense While Mortgage Rates Continue to Fall

Last 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 market poised for growth as buyer sentiment improves

Mortgage market poised for growth as buyer sentiment improves

Michelle Dugan (pictured top), owner at MS Lending in Mississippi, told Mortgage Professional America that rate drops in recent weeks...

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Wells Fargo nearing ‘trough’ in deposit costs after Fed rate cut

Wells Fargo nearing ‘trough’ in deposit costs after Fed rate cut

UPDATE: 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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Halifax, Keystone become latest lenders to pull products   – Mortgage Strategy

Halifax, Keystone become latest lenders to pull products   – Mortgage Strategy

Halifax has become the latest lender to pull products, while lowering selected deals from 14 October. Keystone Property Finance will...

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Is This Mortgage Rate Scare Going to Get Home Buyers Off the Fence?

Is This Mortgage Rate Scare Going to Get Home Buyers Off the Fence?

It’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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Florida homeowners fear the worst as Hurricane Milton nears

Florida homeowners fear the worst as Hurricane Milton nears

An increase in demand for disaster relief loans or refinancing could emerge as homeowners look to rebuild or relocate in...

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US Basel impasse casts doubt on international capital accord

US Basel impasse casts doubt on international capital accord

European 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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FCA to probe consolidation in advice market – Mortgage Strategy

FCA to probe consolidation in advice market – Mortgage Strategy

The Financial Conduct Authority has announced plans to review consolidation within the advice market. In a letter sent to advice...

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