Stonebridge reported weaker mortgage demand in the second quarter as higher financing costs and affordability pressures weighed on the market. The network said conditions could improve later this year if inflation and financing costs decrease. Stonebridge’s latest Mortgage Market Index shows that mortgage applications fell…
GB Bank has been added to Mortgage Brain’s Sourcing Brain and Criteria Brain. The addition will give brokers access to…
After months of negotiations accompanied by back-and-forth political drama in the final few weeks, the bipartisan 21st Century ROAD to…
The pace at which landlords are selling homes has slowed, but the Renters’ Rights Act could prevent up to 100,000…
Mid-Atlantic home sales rose on an annual and monthly basis in June, despite mortgage rates hovering around 6.5% for the…
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
Stonebridge reported weaker mortgage demand in the second quarter as higher financing costs and affordability pressures weighed on the market. The network said conditions could improve…