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The stronger-than-expected jobs report played havoc with mortgage rates this week, driving them to their highest level since the start of September, Freddie Mac said.The 20 basis point weekly gain was the largest since April, Sam...
Rachel Reeves is considering raising capital gains tax as high as 39% in the Budget as the Chancellor looks to shore up the public finances. The Treasury is modelling plans to raise the top rate of...

Foreclosures, bank repossessions receding nationwide: Attom

Borrowers and lenders had an easier time this summer dodging foreclosures and are taking longer to complete them.In the third quarter, 87,108 properties, or...

Clydesdale Bank lowers rates by up to 0.71% – Mortgage Strategy

Clydesdale Bank has announced reductions on its core residential, exclusives, professional products and buy-to-let (BTL) products of up to 0.71%, effective 11 October. The...

MT Finance secures £275 million investment from Centerbridge Partners – Mortgage Strategy

MT Finance Group has completed a £275 million multi-year funding deal with funds affiliated with Centerbridge Partners, an alternative investment management firm. The collaboration...

U.S. CPI rises more than forecast, stalling inflation progress

Underlying U.S. inflation rose more than forecast in September, representing a pause in the recent progress toward moderating price pressures.The so-called core consumer price...

Inflation risks around the corner might put kibosh on future rate cuts: BoE – Mortgage Strategy

While the downward inflation trend in the UK has been welcomed and reflected in the first interest rate cut in years, Rob Elder...

Barclays cuts rates by up to 0.50% – Mortgage Strategy

Barclays will reduce rates on a selection of products by as much as 0.50% on its residential purchase and remortgage range, effective 11...

FCA      – Mortgage Strategy

TSB has been fined £11m for failing to ensure over 200,000 mortgage and other customers in arrears were treated fairly — and has...

BoE   – Mortgage Strategy

Lenders report that mortgage defaults rose in the third quarter and are expected to lift again in the final three months of the...

Paragon Bank promotes Wilde as national sales manager – Mortgage Strategy

Paragon Bank has promoted Jason Wilde as head of sales from his previous role as national sales manager. In Wilde’s new role, he will...

Up to 3.8 million households open to downsizing: Barclays – Mortgage Strategy

Around 3.8 million households could be motivated to move to smaller homes “unlocking capacity in the housing market,” data from Barclays shows. The high...

House prices rising overall for first time in two years: Rics – Mortgage Strategy

House prices are growing overall at a national level for the first time in two years, according to the Rics UK Residential Survey...

How to Sell Mortgage Refinancing in a Falling Interest Rate Environment

When interest rates start falling, opportunities for mortgage refinancing deals abound.  Yet, success in this space doesn’t come automatically. To reap the benefits, you need...

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