Most Recent Mortgage News

Is the latest jobs report the turning point for rates?

Is the latest jobs report the turning point for rates?

Interest rates on home loans at deadline had reportedly plummeted then moderated following weakness in overall employment numbers that surfaced...

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29 Jul to 02 Aug – Mortgage Strategy

29 Jul to 02 Aug – Mortgage Strategy

Mortgage Strategy’s Top 10 Stories of the Week: Accord and NatWest are slashing rates tomorrow, and the industry breathes a...

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UBS sues Bank of America over $200 million Countrywide-related legal costs

UBS sues Bank of America over $200 million Countrywide-related legal costs

Bank of America’s acquisition of Countrywide for $2.5 billion in July 2008 came at a steep cost, as the bank...

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Mortgage activity cools for second straight week

Mortgage activity cools for second straight week

Home lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association....

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Paragon reports new business is higher than expected – Mortgage Strategy

Paragon reports new business is higher than expected – Mortgage Strategy

Paragon has reported that new business levels are running ahead of expectations in its Q3 trading update today. Although its...

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Will the Housing Market Crash in 2025?

Will the Housing Market Crash in 2025?

I got active on Twitter over the past year and change and to my surprise (not sure why it’s surprising...

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How widespread is the housing market’s ‘lock-in’ effect?

How widespread is the housing market’s ‘lock-in’ effect?

The run-up in rates means for the majority of those borrowers, it makes little sense to move, swapping their existing...

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Waterstone Mortgage has best quarter in two years

Waterstone Mortgage has best quarter in two years

Waterstone Mortgage reported a second consecutive quarter of profitability, although management at its parent company cautioned about the macro environment...

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22 Jul to 26 Jul – Mortgage Strategy

22 Jul to 26 Jul – Mortgage Strategy

Mortgage Strategy’s Top 10 Stories of the Week: This week’s highlights include the start of the first ‘mortgage prisoners’ court...

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Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage

Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage

By now you’ve heard the news. President Biden dropped out of the 2024 presidential race and paved the way for...

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