September 30, 2022
  • September 30, 2022

Tag Archives

Does the mortgage overdraft benefit all borrowers?

by on March 20, 2022 0
Mortgage overdraft (OD) is a form of home loan that combines the overdraft facility with a standard home loan. The facility can make servicing a home loan much more convenient for borrowers by allowing them to make unlimited prepayments and giving them access to a larger line of credit in case of an emergency.... Read More

Exceptional Value Home Loan Prices 2022

by on February 24, 2022 0
Canstar has named the winners of its annual Home Loan Awards for 2022. Find out which providers won and what a difference being with an award-winning provider could make. Find out which mortgage lenders offer the best value. Source: DavideAngelini/ In November 2020, as part of an effort to mitigate the financial impact of... Read More

adb: IIFL Home Finance to secure $68m in AfDB loans

by on February 20, 2022 0
Multilateral finance agency Asian Development Bank has offered $68 million in financing to IIFL Home Finance to expand its footprint in the affordable and green housing segment. The financing includes a direct loan from the AfDB of $58 million and another concessional loan of $10 million from the Canadian Climate Fund. The Canadian fund... Read More

Spring EQ Offers Home Equity Loans to Brokers on Lender Price Market | national news

by on February 11, 2022 0
PASADENA, Calif., Feb. 11, 2022 (SEND2PRESS NEWSWIRE) — Lender Price, a provider of mortgage pricing and origination technology, today announced that Spring EQ has joined the Lender Price Marketplace as the first mortgage lender real estate on the platform. Spring EQ, headquartered in Philadelphia, is one of the nation’s largest home equity lenders. Lender... Read More

More and more people are opting for home loans

by on December 25, 2021 0
Sun 26 Dec 2021 00:00 Last update on: Sun 26 Dec 2021 14:33 Visitors inquire about offers at a Bank Asia booth at the current REHAB-2021 trade fair organized by the Bangladesh Real Estate and Housing Association (REHAB) at the Bangabandhu International Conference Center in Dhaka yesterday. The fair will run until tomorrow. Photo:... Read More

HNB-Kelsey Homes partnership offers special home loan package

by on December 20, 2021 0
Sri Lanka’s leading private sector bank, HNB PLC, has announced an exclusive partnership with renowned real estate developer Kelsey Homes to offer potential buyers special interest rates and great benefits for home loans. The partnership will offer customers attractive rates and personalized payment plans to provide future homeowners with home loans for the purchase... Read More

Lawmakers and regulators call for further scrutiny of mortgage industry after markup investigation found disparities

by on December 12, 2021 0
On the heels of a major anti-redlining effort announced by the Biden administration this fall, lawmakers and regulators across the country are calling for further scrutiny, including some that represent areas with large lending disparities between the white candidates and the colored candidates. “To address the lending rate gap, we must come up with... Read More

Mobile home financing: what you need to know

by on December 9, 2021 0
Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are ours. Find out about the different mobile... Read More

New difficult credit environment hits home loan borrowers

by on November 23, 2021 0
First-time homebuyers are pulling out of the market as it becomes more difficult to get a mortgage, new investigation shows. ANZ became the latest bank to pause low deposit rate lending on Tuesday, after BNZ and Kiwibank followed suit last week. This, along with rising mortgage rates and impending changes in the Consumer Credit... Read More

CBA Mortgage Wars

by on November 17, 2021 0
But the 8% drop in the CBA’s stock price on Wednesday in reaction to the NIM crisis suggests that the market has not reset expectations for CBA earnings and margins as it did for other banks. The ABC seems to be back in the pack, in more ways than one. That’s not to say... Read More

Mortgage and Loan Software Market Report Reveals Profitable Outlook for 2021-2026

by on November 2, 2021 0
Abstract: The latest Mortgage and Loan Software Market report provides a comprehensive view of the current trends and the future magnitude of the industry’s growth. The main growth drivers, constraints, and associated opportunities and risks are examined in detail in the study. According to reliable projections, the mortgage and lending software market is expected... Read More

YBR Home Loans Signals Digital Pivot and Broker Expansion

by on October 25, 2021 0
The recently rebranded franchise and brokerage aggregation group – Yellow Brick Road (YBR) Home Loans – has announced a multi-channel distribution offering, with a mix of digital and traditional mortgage brokerage. In an ASX market update in which it described its strategic direction for FY22 and its results for FY21, the leading brokerage firm... Read More

The best fixed home loans over 3 years

by on October 22, 2021 0
Buying a home isn’t all about choosing the right property – there’s also the issue of how your loan is structured, which will likely dictate how you pay off for years to come. As a buyer, one potential option would be to fix your new mortgage rate for three years, and if you think... Read More

USDA vs FHA Loans: What’s the Difference?

by on October 5, 2021 0
Our goal is to give you the tools and the confidence you need to improve your finances. While we do receive compensation from our partner lenders, whom we will always identify, all opinions are ours. Credible Operations, Inc. NMLS # 1681276, is referred to herein as “Credible”. Mortgages from the United States Department of... Read More

Better enable homebuyers to make cash offers in 12 states

by on October 5, 2021 0
Demonstrating once again that it’s not just about mortgages, Better Holdco Inc. has rolled out a cash offer program to its real estate brokerage clients that has already expanded its business to 45 markets in 12 states in only two months. Better is following in the footsteps of companies like Orchard, Flyhomes, and Homeward... Read More

3 outdated mortgage tips

by on October 3, 2021 0
A mortgage will likely be the biggest debt you incur in your life, so you need to make the right decisions about your loan. Unfortunately, you can be unduly influenced by some outdated advice that may not necessarily apply to you. To make sure this doesn’t happen, check out these three common mortgage tips... Read More

HSBC and Yes Bank cut mortgage rates

by on October 1, 2021 0
Mumbai: HSBC India cut interest rates on mortgage loans by 10 basis points (100bp = 1 percentage point) from 6.55% to 6.45% for mortgage loans with balance transfer. Yes Bank also announced a limited time offer on “Yes Premier Home Loans” at 6.7%. It gives an additional benefit of 0.05% (interest rate at 6.65%)... Read More

Why banks aren’t happy with mortgage loans

by on October 1, 2021 0
Banks have been very aggressive on the home loan front lately. The interest rate on home loans offered by almost all of the major banks has come down to less than 7%. In some cases, it has come down to 6.5%. Nonetheless, the question is whether lower interest rates are causing banks to do... Read More

Offer of the ICICI Bank festival: Mortgage loans at 6.7%; up to 50% off shopping, food, travel, flight bookings

by on October 1, 2021 0
Offers also available on banking products including loans, credit cards, savings and checking accounts. ICICI Bank announced “Festive Bonanza,” a comprehensive suite of offers with instant rebates and cash back rewards on thousands of products, including luxury items from premium brands and leading e-commerce platforms. ICICI Bank also offers attractive benefits to private and... Read More

Great update from the State Bank of India; Details here

by on September 30, 2021 0
New Delhi: If you are looking to buy a car during this festive season, the State Bank of India (SBI) has some exclusive deals. The public sector lender has asked its clients to “stay tuned” as they will provide more details on this.Also Read – Tokyo Olympics Bronze Medalist Rupinder Pal Singh Retires From... Read More

Points To Watch Out For While Availing Instant Online Loans

by on September 19, 2021 0
Points To Watch Out For While Availing Instant Online Loans In today’s digital age, instant loan disbursements have become the new normal. Fintech brands have experienced significant growth in recent years, especially during the pandemic, when people have adapted faster than ever to digital money transactions. In addition, more and more people have trained... Read More

Why September might be a good time to buy a home

by on September 11, 2021 0
Ask someone who has tried buying a home this year what the experience is like, and you’ll likely hear similar reactions. “There are no houses to buy.” “The houses are overpriced.” “There is just too much competition. Low inventories, bidding wars and inflated asking prices have defined the residential real estate market since the... Read More

This mortgage lender will start accepting Bitcoin payments

by on August 25, 2021 0
If you’re paying off a mortgage, you’re probably used to sending your loan officer a check every month or sending the payment automatically from your bank account. But now mortgage borrowers can have a new option to pay off their home loans – using cryptocurrency. United Wholesale Mortgage recently announced plans to accept Bitcoin... Read More

Nano Home Loans Can Save You $ 75,000

by on August 5, 2021 0
Nano Home Loans was born from the idea that mortgages could be done faster, easier and better. Launched in 2019 by financial experts Andrew Walker and Chris Lumby, the digital lender offers home loan approval times in minutes rather than weeks and offers some of the highest rates on the market. Mr Walker said... Read More

AGA HDFC | Demand for mortgage loans remains strong: Deepak Parekh

by on July 21, 2021 0
In the context of the pandemic, Parekh said HDFC explained that there are three main controllable elements – liquidity, growth and asset quality. Demand for home loans has remained strong even during the Covid-19 pandemic, Housing Development Finance Corporation (HDFC) President Deepak Parekh said on Tuesday at the property financier’s 44th Annual General Meeting... Read More

Ad exaggerates benefits of Veterans Loan program

by on June 30, 2021 0
The Claim: Biden, Congress Created a “Generous Mortgage Relief Program” for Veterans As home selling prices continue to rise increase Across the country, articles claiming Congress established a “generous mortgage relief program” for veterans surfaced on social media. The claim follows that of President Joe Biden American Rescue Plan Act of 2021, which allocates... Read More

SC judges to get low cost home loans

by on June 27, 2021 0
Supreme Court justices, including the chief justice, will receive home loans of up to Tk 1 crore at a lower interest rate, the finance division said yesterday. The Chief Justice and Judges will be able to borrow at a simple interest rate of 9%. The repayment term is 20 years, according to a circular,... Read More

Should you take out an interest-only mortgage?

by on June 23, 2021 0
Interest-only mortgages can provide flexibility for homebuyers, but not everyone. (iStock) When looking for a home loan, an interest-only mortgage is one option you might want to consider. This type of mortgage does not require you to make any principal payments up front. Instead, you just pay the interest on the loan. This is... Read More