Tag Archives: Industry

Mortgage rates blow past industry predictions Turmoil abroad coul

Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the overall economy stabilized. The latest mortgage rate survey from Freddie Mac puts rates for the 30-year fixed-rate mortgage at 3.69%, while the average rate in the latest […]

Addressing data will help industry in uncertain times

Environmental factors such as subsidence, droughts, increased flooding, and soil erosion have long been a part of risk assessments. However, now more than ever, it is important that available datasets are harnessed to remove any added layers of uncertainty as situations evolve. At present, more than 5 million homes and businesses in England are at […]

Rates are a headwind for the industry, but people are still buying homes, says Realogy’s Ryan Schneider

ShareShare Article via FacebookShare Article via .Share Article via LinkedInShare Article via E. Ryan Schneider, Realogy president and CEO, joins ‘The Exchange’ to discuss the impact of rising interest rates on the housing market. 03:42 Thu, May 12 20221:49 PM EDT source

Industry applauds decision to drop review of broker commissions

Brokers and others working in loan finance have welcomed the news that a government review of broker trail commissions has been dropped. Federal Assistant Treasurer and Minister for Housing Michael Sukkar announced late on Friday that the 2022 review of mortgage broker remuneration, which was to be conducted by the ACCC and the Council of […]