Tag Archives: reveals

New study reveals the rise of home loan hostages

Three quarters of Australian borrowers are now at risk of becoming home loan hostages due to their lifestyle and financial decisions, new research from mozo.com.au has found. “Home loan customers might be unaware that when they go to refinance their home loan with a new lender, they are assessed as though they are a new […]

Fixed rate price drops slow down, Moneyfacts data reveals – Mortgage Finance Gazette

The average rate for a two-year fix fell 3 basis points, to 5.33%, and the average rate for a three-year fix slipped by a single basis point, to 5.22%. Meanwhile, the average rate for a five-year fix lost 3 basis points, taking it to 5.05%, and the average price for a 10-year fix was reduced […]

How To Get Your Deals Financed Like a Pro (commodity trader reveals)

Download the template to get financed . 👉 In this live stream, a former commodity trader explained how to present a deal the professional way. 1 min stories about commodity trading 👉 Connect with me & read what I write : Insult (or follow) me on . 👉 ​​ Insult (or follow) me on LinkedIn […]

Fitch Ratings reveals how much US house prices will drop in 2023

Fitch stated that mortgage performance is expected to deteriorate in most countries, due to inflation and high interest rates increasing borrower payments and eroding income, which in turn will weaken borrower credit quality and drive arrears. Like other countries, the US is expected to fall into a mild recession, although this is expected to happen […]

NAB reveals six market megatrends for brokers

A new NAB report has revealed six megatrends that mortgage brokers should have on their radar during the final months of 2022 and looking ahead for next year. On Friday, October 21, NAB launched Market megatrends 2022: Uncovering the opportunities for brokers, a practical guide to navigating Australia’s fast-moving property market. In partnership with CoreLogic, […]

Research reveals grim reality for homeowner hopefuls

New research has revealed a grim reality for those trying to get into the property market: it would take a first-home buyer a whopping 17.5 years to save a 20% deposit to purchase a Sydney home with rising interest rates. Across the combined capital cities, it would take 14 years to save a house deposit.  […]

Report reveals mortgage denial rate for Black borrowers

Detroit (in the state of Michigan), Miami and Jacksonville (Florida) were the cities with the highest average denial rates for Black borrowers (25.5%). This was more than double the average denial rate of 12.5% across San Francisco (California), Seattle (Washington) and Sacramento (California), the cities with the smallest percentage point differences between denial rates for […]

Reali to close down, reveals job cuts

The company determined the best course of action was to close. “Active real estate transactions will continue to be supported through the end of the year by a small team of employees,” Reali said in a statement. Founded in 2016, Reali provides a “one-stop shop” for home buying and selling, including mortgage origination, title and […]

United Wholesale Mortgage reveals second quarter financials

The performance was achieved despite significant market pressures against a backdrop of inflation that has hit the mortgage industry hard. Alex Elezaj, chief strategy officer, discussed the results amid such challenges in a telephone interview with Mortgage Professional America. “The whole sentiment over . at UWM is we’re very excited and proud of it, but […]