Home loan interest rates have risen at their fastest pace in 15 years during the past six months and experts predict they will continue to…
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Tighter mortgage rules could make it even tougher for first-home buyers
CoreLogic: Tauranga first home buyers are paying a median of $770,000 to secure a mortgage. Photo / Getty GettyImages-109350535.JPG CoreLogic chief property economist Kelvin Davidson.…
U.S. CFPB scrutinizes Texas mortgage firm's '100s of thousands' of duplicate payments
FILE PHOTO: Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew KellyWASHINGTON (Reuters) – The…
In stock-trading frenzy, no systemic risk, Kaplan says
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks at the Commonwealth Club in San Francisco, U.S., October 11, 2019. REUTERS/Ann Saphir/File Photo(Reuters) -Dallas…
Mortgage rates are at historic lows. Should you refinance?
(CNN)Mortgage rates fell to another record low last week, for the 15th time this year. The average interest rate on a 30-year fixed-rate mortgage dropped…
United Wholesale agrees merger with Gores Holdings to go public
(Reuters) – United Wholesale Mortgage (UWM) said on Wednesday it has agreed to go public by merging with special purpose acquisition company (SPAC) Gores Holdings…
United Wholesale agrees merger with Gores Holdings to go public
(Reuters) – United Wholesale Mortgage (UWM) said on Wednesday it has agreed to go public by merging with special purpose acquisition company (SPAC) Gores Holdings…
Hong Kong's commercial lenders on edge as building values tumble
HONG KONG (Reuters) – Commercial lenders in Hong Kong say they are concerned about a 30% drop in building values over the past 12 months…
Fed deluged by letters from needy over U.S. loan program
(Reuters) – The U.S. Federal Reserve on Wednesday released thousands of letters and emails from individuals, businesses and nonprofit groups this spring urging wider access…