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...Hunterbrook Media launched on Tuesday with a report that alleged United Wholesale Mortgage had been unfairly incentivising independent mortgage brokers to funnel almost all of their business to the biggest...
...Early last year, one in four new mortgages was a tracker, according to mortgage broker John Charcol....
...Andrew Montlake, managing director at mortgage broker Coreco, commended the launch of the “innovative” scheme....
...Modest cuts to fixed mortgage rates are likely over the coming weeks, brokers and housing market analysts said, following positive inflation data and an upbeat outlook from the Bank of England....
...A mortgage broker suggested he try a new lender called Perenna....
...Simon Gammon, managing partner at broker Knight Frank Finance, said: “At 1.23 per cent, the proportion of loan balances in arrears is still very low, but the pace at which it is rising will be a source of...
...In Canada and the US, lenders and mortgage brokers are required to be licensed with local financial authorities....
...broker....
...There are mortgage brokers and there are mortgage brokers. A good one will find you the cheapest deal on the market; a great one will help you strategise for the long term....
...Simon Gammon, managing partner at broker Knight Frank Finance, said: “The recovery in housing market activity is taking hold despite an uncertain start to the year for mortgage rates.”...
...In the past few weeks, “rates have gone up a little and it’s caused some people to pause as doubt sets in over the stability of this recovery”, said Rita Kohli, managing director, at the broker The Mortgage...
...That’s why they have to react so quickly,” said Simon Gammon, a mortgage broker at Knight Frank. At the end of 2023 there was a rally in bond markets that prompted lenders to lower mortgage rates....
...Claer Barrett OK, so downsize the mortgage brokers. Now of course, Rachel, we’re sitting in the studio with two mortgage brokers, fairly evenly matched....
...Stephen Perkins, managing director at Norwich-based broker Yellow Brick Mortgages, said: “The start of 2024 was exceptionally strong as the mortgage rate war reigned supreme and demand went through the roof...
...With swap rates so far out of kilter with the base rate, though, some brokers questioned how long swaps would continue to decline — and alongside them, mortgage interest rates....
...“We had a lot of good news in recent months, helped by falls in inflation,” said David Hollingworth, associate director at broker L&C Mortgages....
...Property insurance rates, a particular source of pressure, were up another 6 per cent, and overall prices grew 2 per cent....
...With Andrew Montlake, managing director of Coreco mortgage brokers, mortgage advisor Dan Knott, aka Dan Does Mortgages, and Rachael Sinclair, managing director for mortgages at Nationwide....
...Harps Garcha, director at Slough-based broker Brooklyns Financial, said: “Lower mortgage rates, falling inflation and the prospect of a cut to the base rate sooner rather than later, are driving demand and...
...Stephen Perkins, managing director at Norwich-based broker Yellow Brick Mortgages, said January marked “a real bounceback in activity levels” in the housing market, with inquiries from prospective buyers...
...But Paul is also always cultivating his underworld sources....
...Several retail brokers, including Robinhood and Interactive Brokers, now offer 24-hour weekday access to US stocks with trades either matched with their internal holdings, or conducted via a “dark pool”...
...But I would not sign up for any of those, because most mortgage brokers expect interest rates to fall to 4 per cent or just under — and that was before last week’s news on lower inflation....
...Jake Stott, founder of Manchester-based broker Mondo Mortgages, said the increase in the Nationwide data “highlights the optimism that is emerging after a turbulent 2023”....
...Mortgage brokers have said that banks appeared more willing to lend in recent months as they were allowed to pass on more of the rise in rates....
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