Almost 150,000 landlords facing ‘significant’ jump in mortgage costs in 2024
Reductions in tax relief on buy-to-let mortgages, which were phased in between 2017 and 2020, have amplified the impact of...
archiveMortgages
Everything you need to know about remortgaging in 2024
How far will mortgage rates drop?In positive news for those needing to remortgage in the new year, there is confidence...
Average long-term mortgage rates dip for 9th straight week, sliding to lowest level since May
The average long-term U.S. mortgage rate retreated for the ninth straight week to reach its lowest level since May.The average...
Stratton Mortgage Funding raises £1.06 billion ($1.36 billion) in RMBS
Stratton Mortgage Funding 2024-1 PLC is issuing loan notes to refinance Stratton Mortgage Funding 2021-2 PLC, which closed in February...
Lenders gear up for ‘mortgage January sale’ as inflation falls below 4pc
Following the inflation drop, swap rates – the main pricing mechanism for fixed rate mortgages – have fallen. Swap rates...
Navy Federal faces lawsuit, allegations of racial bias in mortgage lending | Credit Union Journal
A lawsuit accuses Navy Federal of running afoul of both the Fair Housing Act of 1968 and the Equal Credit...
Navy Federal’s loan growth far outpaces bank competitors | Credit Union Journal
Navy Federal Credit Union reported nearly $122 billion in total loans in the third quarter, up 5% from the prior...
Mortgages fall ahead of Bank of England’s rate decision
Aaron Strutt, of broker Trinity Financial, said lenders were passing on their falling borrowing costs – which are influenced by...
Big Rise for 35-year-plus mortgages amongst first tim…
Some 20 per cent of first time buyers are snapping up mortgages of 35 years or more according to UK...
Bank of England warns private credit poses threat to financial stability
Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that...
