Tag Archives: generation

Generation Home names Pete Dockar as commercial director

Docker joins Generation Home from Virgin Money w. he served as head of customer value. Prior to that, he held the role of head of lending at CYBG before it merged with Virgin Money. He also worked for 12 years at HSBC in various senior leadership roles including time as head of retail underwriting for […]

Purchase mortgages cross dreaded 5% threshold Combined with inflation and high home prices, it’s the “most expensive” market in a generation

The 5% threshold has been crossed, and given all the headwinds in the U.S. economy, it doesn’t appear that mortgage rates will be dropping below that mark anytime soon. Purchase mortgages this week averaged 5%, up 28 basis points from 4.72% a week ago, according to the latest Freddie Mac PMMS. A year ago at this time, rates were at […]