Mortgage Finance Gazette
Established in 1869 as the Building Societies Gazette, Mortgage Finance Gazette has been the market leading publication for the mortgage lending industry for 150 years.
Digital Edition Archive - Mortgage Finance Gazette
Established in 1869 as the Building Societies Gazette, Mortgage Finance Gazette has been the market leading publication for the mortgage lending industry for 150 years.
Blog: Resolving to collaborate more in 2024 – Mortgage Finance …
Dec 11, 2023 · When the simpler regime is implemented, small firms will have the choice to opt in or out. Basel 3.1 is the alternative for those who opt out, as well as for those who are over the size threshold for the simpler regime and those who use internal models to …
Market commentary Archives – Mortgage Finance Gazette
The average five-year fixed mortgage rate is now 4.66%, down from 5.33% 12 months ago, the Rightmove weekly mortgage tracker reveals. The data shows the average two-year fixed mortgage rate is now 4.92%, down from 5.76% a year ago.
Analysis: Mortgage rates up, savings down – are banks profiteering?
4 days ago · Banks have come under fire this week for being quick to pass on Bank of England base rate cuts to savers, while hiking the cost of new mortgage deals and leaving standard variable rates stubbornly high. Experts point out that the fixed savings and mortgage rates are not directly correlated with base ...
Fixed rates continue to edge upwards: Moneyfacts
4 days ago · The cost of fixed-rate mortgage rates continued to edge upwards this week, despite the Bank of England cutting interest rates at the start of this month. Analysis of market movements this week by Moneyfacts shows two-year, three-year and five-year fixes all increased, across the vast majority of LTV ...
Remortgage activity helps lift lending market - Mortgage Finance …
Feb 22, 2024 · This shows mortgage approvals rose by an average of 7.7% a month between October and December 2024. But remortgage approvals over this period increased by an average of 14.7% a month.
Lending news Archives - Mortgage Finance Gazette
Fleet Mortgages has relaunched its five-year fixes aimed at ‘greener’ homes, while also cutting rates on its product transfer options. These new five-year fixed rate mortgages are available across the lender’s three core product ranges, and are available to landlords purchasing or remortgaging a property with an Energy Performance Certificate (EPC) rating of A-C.
Mortgage servicing Archives - Mortgage Finance Gazette
High-street lenders have reduced their average application processing time by 30%, from 14 days in 2022 to just 10 days this year. This is according to the 2024 Mortgage Efficiency Survey, published by Finova and MSO which says the time gains indicate how lenders are harnessing technology to deliver a faster service to borrowers, responding to the challenges exposed by ...
Blog: 2024 - Boring would be nice – Mortgage Finance Gazette
Inflation. The inflation rate also looked far more attractive at the end of 2023 (3.9%) than it did at the start (10.1%). Whilst halving the rate is great news, let’s not be sanguine about it, it still means that consumer costs are continuing to rise at a rate that is virtually double the 2% target.