Fed ready to start cutting rates, says Powell
Aug 23, 2024Lowering rates, he added, would likely offer a way for the economy to return to the Fed’s 2% inflation target...
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Most Recent Mortgage News
Mortgage
Existing-home sales increase for first time in five months
Aug 22, 2024U.S. sales of previously owned homes rose in July for the first time in five months, suggesting the housing market...
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Mortgage
Guarantees underpin 44k mortgages but uptake has slowed – Mortgage Strategy
Aug 21, 2024The government’s mortgage guarantee scheme has supported 44,383 loans since its launch in 2021, but official figures show the number...
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Mortgage
Can Real Estate Commissions Be Financed via the Mortgage?
Aug 20, 2024You’ve probably heard about the big NAR settlement that could completely change how real estate works going forward. But if...
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Mortgage
UWM EVP talks wholesale growth, market prospects
Aug 19, 2024A further 25 to 50 basis points’ worth of cuts, Elezaj said, could see activity spike again, although the executive...
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Mortgage
Harris takes aim at Wall Street housing ownership in first economic speech
Aug 18, 2024Vice President Kamala HarrisBloomberg News WASHINGTON — Vice President Kamala Harris promoted policies that aim to make housing more affordable...
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Mortgage
Together cuts rates by up to 25bps, Principality reduces SVR by 17bps – Mortgage Strategy
Aug 17, 2024Together has cut selected fixed rates across its landlord and residential ranges by up to 25 basis points, while Principality...
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Mortgage
Will Home Prices Go Up When Interest Rates Go Down?
Aug 16, 2024Well, here we are. It took longer than expected, but mortgage rates have finally strung together a decent rally after...
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Mortgage
What impact will lower mortgage rates have on consumer sentiment?
Aug 15, 2024The fact that scores of borrowers bought or refinanced their homes during the record-low-rate environment of the COVID-19 pandemic means...
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Mortgage
Scotiabank adds JPMorgan exec in warehouse lending expansion
Aug 14, 2024Canada’s Bank of Nova Scotia is set to grow its presence in U.S. mortgage warehouse lending, as it brings on...
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