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IMBs Report Losing $645 Per Loan In Q1 2024
National Mortgage Professional· 4 days agoWith many still originating in the red, independent mortgage banks (IMBs) reported improved profitability in the first quarter of this year, losing just ...
The Fed indicated rates will remain higher for longer. What does that mean for you? | amNewYork
amNewYork· 16 hours agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...
UK competition watchdog probes Nationwide-Virgin Money deal
Reuters via Yahoo News· 21 hours agoThe deal, which was announced in March and is expected to close in the fourth quarter of the year,...
UBS Group AG Sells 47,758 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)
ETF DAILY NEWS· 7 days agoUBS Group AG trimmed its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 3.9% during the fourth quarter, according to ...
Why mortgage rates are doomed to stay above 7% for the foreseeable future
Business Insider via Yahoo Finance· 5 days agoHome prices hit a fresh record this month, reaching $387,600 in the four weeks through May 19,...
UBS Group AG Grows Position in Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS)
ETF DAILY NEWS· 7 days agoUBS Group AG raised its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS – Free Report) by 95.8% in the 4th quarter, ...
Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
CBC via Yahoo Finance· 2 days agoMortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 1 day agoStill, while most corporate earnings results this quarter proved decent, companies indicated it’s...
US house price inflation slows in March, FHFA says
StreetInsider· 4 days agoExisting home sales, which account for the bulk of U.S. house sales, fell in March as the average rate on the popular 30-year fixed-rate mortgage drifted up towards 7%. "U.S ...
Home price inflation slows in March, FHFA says
New Hampshire Union Leader· 4 days agoU.S. house price growth slowed sharply in March, likely as rising mortgage rates weighed on demand, data showed on Tuesday. Prices edged up 0.1% in March...