Average fixed-rate mortgage prices edged up this week despite lenders equally lowering and cutting rates, according to Moneyfacts. The average two-year fix rose 1bps to 5.97% this week from 5.96% last week, according to the latest Moneyfacts rate watch. Meanwhile the typical five-year fix is…
West Brom Building Society has reduced rates across its Shared Ownership mortgage range by up to 0.12%, improving affordability for…
For advisers, remortgaging is an important opportunity to engage borrowers. UK Finance predicts that around 1.8 million mortgage deals are…
This week’s top headlines: HSBC to raise rates as Halifax and BM trim costs and FCA stresses need for disclaimers…
Key Insight: The reason nearly two-thirds of Americans expect nothing from politicians regarding housing affordability.What’s at Stake: Lenders are trying…
Industry News
The number of complaints about home financing rose 3.7% to 94,822 in the last half of last year, compared to the previous six months,…
Keystone Property Finance should enable landlords to request a further advance in…
A residential real estate sale sign can be seen in Washington, DC…
A recent survey of financial experts shows that there has been a…
Mortgage Rate
While variable rate mortgage holders eagerly await the first rate cut from the Bank of Canada, fixed rates are heading…
Lending
Rental fraud is increasingly high on the agenda of private landlords. What was once a background problem is now a frontline problem, shaped by legislative changes,…