Tag Archives: ahead

BREAKING DATA – FLORIDA HOUSING CRASH AHEAD?

Is real estate in Florida’s top cities heading for a crash? This comprehensive update over Florida’s top housing markets will remove doubt that this market is shifting. You will not believe what is happening in Orlando, Tampa, and Jacksonville, specifically. In this NEW March Update for the Florida Real Estate market update, we cover the […]

What’s ahead for the mortgage industry in 2023?

He pointed to UWM’s business model as one ensuring future success: ”That’s why our business model working with individual mortgage brokers – you’re going to get all the different varieties of products and services because individual brokers are working with multiple lenders. It’s really important for people to understand the products and services that are […]

Is the market pivoting ahead of the Fed? Even with a better jobs report, bond yields and mortgage rates headed lower

The entire economic landscape, including mortgage rates, has changed this week, starting with the Fed’s talking points on Wednesday. The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. However, the way the day ended showed that change is coming. We now have […]

Potentially four more RBA hikes ahead

Economists are split on just how many Reserve Bank increases are ahead of us, with RateCity.com.au expecting four more OCR hikes to come. Following the lower-than-expected 0.25-percentage-point hike last week, three of the four big banks have revised their forecasts. ANZ now predicts the OCR to peak at 3.6% in May next year, up from […]

Report says commercial real estate has a bright future ahead

Report says commercial real estate has a bright future ahead | Mortgage Professional Specialty Commercial The commercial sector is expected to see strong growth despite inflation US commercial real estate lending (CRE) is forecast to grow even bigger despite the slow-burning housing crisis driven by rampant inflation. A new industry analysis released by the Freedonia […]

REIT sees growth opportunities ahead in senior housing

Read more: Seniors balk at using home equity loans Bolstered demand, increased affordability and growing incomes bode well for the future, Cafaro noted: “Again – so we feel really good about the demand side. We feel good about affordability. We like the fact that seniors are starting to earn on their savings and get significant […]

UWM raises conventional loan cap ahead of FHFA announcement

“UWM is singularly focused on giving mortgage brokers a competitive advantage in the mortgage industry,” UWM said in a statement. Read more: What could conforming loan limits mean to your mortgage? Its competitor Rocket Pro TPO, the wholesale arm of Rocket Mortgage, also expects to hike its conforming loan limits to $715,000. “That means more […]

Scottish Building Society appoints Wilson as chair ahead of 175th anniversary

He replaces Raymond Abbott, subject to regulatory approval, who will retire from the post at this time. Wilson brings a range of experience from across the financial services sector gat.d in a 40-year career in the industry. In that time Wilson held a number of senior management positions at high street banks, challenger banks and […]

NAB reveals 70% of its customers are ahead on mortgage repayments

National Australia Bank has revealed 70% of its customers are ahead on their home loan repayments, despite recent interest rate rises. Releasing its third quarter trading update 2022, NAB said cash earnings rose 3% compared with the 1H22 quarterly average and lending and deposit momentum continued (up 2% and 4% respectively over the June quarter […]