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Mortgage Lenders and Rate Shopping
Mortgage Lenders and Rate Shopping in Mortgage Rates: the news, the names and what changed.
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Rate hikes pile pressure on brokers racing to secure client deals
1+ hour, 45+ min ago (675+ words) Brokers are under intense strain as lenders pull products at short notice, leading to hours spent queuing on lender systems to lock in rates When lenders raise rates with little warning, the workload for mortgage brokers can become overwhelming fast....
VAS relaunches lender and broker dashboards
7+ hour, 33+ min ago (284+ words) Louise Chapman said: "Lenders and brokers now have improved visibility and control, plus we’ve made the process faster." VAS has updated its lender and broker dashboards to give users a single view of their valuation pipeline. A new ‘Needs your…...
Just Mortgages appoints Gina McLaren as Midlands area director
17+ hour, 41+ min ago (411+ words) She will also be responsible for identifying growth opportunities and recruiting additional self-employed advisers as Just Mortgages looks to expand its presence in the Midlands. McLaren (pictured) has more than 20 years’ experience in the mortgage sector. She began her career…...
BNZ raises most home loan rates, but holds or cuts two key ones
20+ hour, 29+ min ago (418+ words) Spring is bringing changes to home loan rates. Last week it was Westpac and TSB. And these involved some cuts to competitive levels, even though most changes were rises. Today, BNZ has chimed in with its own changes. It has…...
VOE/POS, White Label, Equity, Business Intelligence Tools; Loan Limit Changes From Investors
1+ day, 20+ min ago (569+ words) Broker and Lender Products, Software, and Services Chrisman Demo Day is a free perk for all Chrisman Marketplace members. If you're a technology or service provider and haven't joined the Marketplace yet, reach out to Jake Perkins at [email protected] to…...
What brokers need to understand before their first DSCR loan
1+ day, 4+ hour ago (569+ words) Kiavi executive says underwriting variation is one of the biggest things brokers should know As more brokers are adding investor clients to their portfolio, debt service coverage ratio (DSCR) loans are seeing a surge. There is an adjustment for brokers…...
How to prepare for a year-end conversation with your lender
1+ day, 4+ hour ago (702+ words) As another production year comes to a close, many farmers are evaluating their operation’s performance and making plans for the year ahead. While some producers may be looking back on a strong year, others have faced challenges from fluctuating commodity…...
Rely launches limited edition BTL range with rates from 2.85%
1+ day, 8+ hour ago (202+ words) Rely has launched a limited edition buy-to-let (BTL) range, featuring rates from 2.85% and a wider selection of fee options across its 1-, 2- and 5-year fixed products. The new range is available at 65% and 75% loan-to-value (LTV) and includes products for landlords across…...
Barclays, Halifax and BM raise rates by up to 30bps
1+ day, 5+ hour ago (395+ words) Barclays, Halifax and BM Solutions have announced another round of rate hikes with some deals jumping by as much as 30 basis points tomorrow. At Barclays, a 10-year fixed at 60% LTV with a £999 fee will rise by 30bps, from 5.12% to 5.42%. But the…...
First-Round Subscription Rate Falls to 5.34-to-1, Lowest in 38 Months
1+ day, 8+ hour ago (281+ words) Seoul Draws 7 of Every 10 Subscription Applications Gyeonggi Rate at Record Low of 2.36 to 1 Even 1,000-Unit Complexes Fall Short of Demand South Korea's average first-round subscription rate for new apartments fell to its lowest level in three years and two months,…...