Mortgage Industry News

Loan Level Price Adjustments (LLPAs) Explained

Loan Level Price Adjustments (LLPAs) Explained

Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain loan characteristics, such...

Why higher mortgage rates mark a return to normality

Why higher mortgage rates mark a return to normality

Source: FT Adviser ---  Fixed rate mortgages have begun to fall after reaching 6 per cent last year, but remain relatively high, but with the prospect of falling interest rates, some are questioning whether borrowers may revert to tracker mortgages. When compared to...

Fed policymakers call for further rate hikes to beat inflation

Fed policymakers call for further rate hikes to beat inflation

Source: Reuters --- Jan 18 (Reuters) - Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic activity is...

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