Mortgage Industry News
Mortgage customers fear unaffordable repayments due to rate hikes
Source: Mortgage Introducer --- With another interest rate hike expected this week, a third of mortgage customers in the UK said that rising rates have made repayments unaffordable for them. Commissioned by Butterfield Mortgages, an independent survey of 2,000 UK...
America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only
Source: EIN News --- America Mortgages, the leader in U.S. mortgage originations launched a non-QM lending program for non- SINGAPORE, September 21, 2022 /EINPresswire.com/ -- America Mortgages, Inc., the leader in U.S. mortgage loan originations for non-resident...
10 Million Seniors Still Make Forward Mortgage Payments, Here’s Where They Are
Source: Reverse Mortgage Daily --- Across the United States, nearly 10 million homeowners are still making forward mortgage payments who are at least 65 years old or higher. While it’s unlikely that all of those homeowners would be approved for a product like a...
Stronger real estate agent connections will be the key to lending success in 2022 – Here’s why
Source: Housing Wire --- If you make your living by originating new mortgage loans, I don’t have to tell you that the business is changing. You probably already know that the MBA’s latest mortgage forecast puts the purchase money at 75% of all loan volume. You’re...
Credit union offers advice for homebuyers in challenging, ‘red-hot’ market
Source: KTVZ --- As prospective homebuyers in Oregon and Southwest Washington continue to face fierce competition for fewer and increasingly expensive homes, OnPoint Community Credit Union offers tips on how to successfully purchase a home in this red-hot market....
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Recent Posts
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