Mortgage
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Paragon Announces Promotions in its Development Finance Division – Mortgage Strategy
Paragon Bank has promoted four employees in its development finance arm. Dan Cresswell has been promoted from relationship manager to…
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Bank of England keeps interest rates at 4% – Mortgage strategy
As widely expected, the Bank of England kept its benchmark interest rate at 4%. Bank rate remained at 4% in…
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Median age of U.S. first-time homebuyers hits record high at 40
Michael Sasso (Bloomberg) — The median age of first-time U.S. homebuyers has climbed to a record 40 as soaring home…
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TMW cuts BTL price by up to 0.30%, Virgin cuts rates – Mortgage Strategy
The Mortgage Works (TMW) has announced it will reduce selected buy-to-let (BTL) rates for new and existing customers by up…
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Cathay Securities gets banking license, paving the way for possible mortgage expansion
Questrade Financial Group has received approval from Ottawa to form a full-fledged Canadian bank, marking an important step in its…
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BTL search volume fell 13.67% year-on-year: Twenty7tec – Mortgage strategy
Twenty7tec figures for October show buy-to-let searches fell 13.67% year-on-year, while remortgage searches rose 6.05%. After five years of strong…
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MIT Live Opens with “Digital Transformation” Keynote – Mortgage Strategies
Mortgage Innovation & Technology Live (MIT Live) is about to kick off with its powerful opening keynote, “Digital Transformation: How…
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Budget 2025 steps up housing strategy but adds new measures
Budget 2025 is seen as an “intergenerational” plan to rebuild Canada’s economy, a theme that the finance minister mentioned at…
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Hodge tightens interest-only standards – mortgage strategy
Specialist lender Hodge will now accept loan-to-value (LTV) of 80 per cent for interest-only mortgages as part of a drive…
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Carney seeks economic growth, Canada launches $50 billion construction fund
Eric Herzberg (Bloomberg) Canada will launch a $50 billion infrastructure fund to build projects in areas such as hospitals, transportation…
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