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Poland’s mortgage holiday for households threatens bank profits

Poland’s mortgage holiday for households threatens bank profits

by Third Party | Aug 2, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: FT.com —  As inflation soars and recession looms in Poland, a break from mortgage payments will be a much-needed reprieve for Jakub Rdzanek and his wife. The couple have seen their monthly home loan bills soar more than 70 per cent since the start of the...
Bank of England scraps mortgage affordability test

Bank of England scraps mortgage affordability test

by Third Party | Aug 2, 2022 | Current News & Events, Industry Updates, Mortgage Information

Source: The Guardian —  Thousands of potential homebuyers may find it easier to get on to the property ladder after a key mortgage affordability test was scrapped by the Bank of England. The central bank has said the change – taking effect from 1 August – should...
5 things to know about adjustable rate mortgages

5 things to know about adjustable rate mortgages

by Third Party | Aug 2, 2022 | Mortgage Information, Real Estate Agent Tools

Source: National Mortgage News —   Adjustable rate mortgage originations are on the rise Adjustable rate mortgage offers made to consumers searching for loans on LendingTree have zoomed in the past 12 months, increasing 230% through the first half of this year...
Will Traverse City Real Estate Remain Insulated From Larger Forces This Time Around?

Will Traverse City Real Estate Remain Insulated From Larger Forces This Time Around?

by Third Party | Aug 1, 2022 | Real Estate Agent Tools, Real Estate News

Source: Traverse Ticker —  After years of red-hot real estate activity, the housing market is finally showing signs of cooling off. Nationwide, rising interest rates, growing real estate inventory and fewer buyers are bringing about a sea change in a market that...
How Do Realtors Get Paid For a Home Sale?

How Do Realtors Get Paid For a Home Sale?

by Third Party | Aug 1, 2022 | Real Estate Agent Tools, Real Estate News

Source: Realty Biz News —  Most consumers, whether buying or selling a home, understand that real estate agents are paid a commission. From there, it gets blurry what consumers know and don’t know. How a real estate professional gets compensated is a question...
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