The post Mortgage borrowing falls by £1bn as property market slowdown continues appeared first on Weekly Real Estate News.
Mortgage borrowing falls by £1bn as property market slowdown continues
Housing Wire
Mortgage production will fall 9% in 2023: MBA forecast
Recession is coming, according to the Mortgage Bankers Association. The MBA forecasts a recession in the first half of 2023, with the unemployment rate at 5.5% and inflation at the 2% target by the end […]
Housing Wire
The worst for mortgages may be over, but younger borrowers still face affordability challenges
The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report […]
Housing Wire
Mortgage delinquencies edged higher in November: ICE
While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and […]