Mortgage rates are up but there’s still good news for homebuyers. GETTY Mortgage rates continued their ping-ponging this week, inching up to 3.69%, according to Freddie Mac. That’s .12% higher than last week, but still 1.16% lower than this time last year. The Mortgage Bankers Association, which measures rates onRead More →

Buy-to-let mortgages provider Dilosk confirmed on Tuesday that it is entering the owner-occupier lending market from this week under its ICS Mortgages brand. The company, which bought ICS Mortgages from Bank of Ireland in 2014 and currently has a portfolio of €600 million of loans, said that it will offer home loans through mortgage brokers andRead More →

A house for sale in Seattle. Mortgage rates stayed steady, according to data released on Thursday, as the Federal Reserve considers further interest-rate cuts after its first reduction in a decade on Wednesday. Freddie Mac said the 30-year fixed-rate mortgage averaged 3.75% in the week ending Aug. 1, which isRead More →

The Consumer Financial Protection Bureau yesterday announced its intent to allow the expiration of a major provision of the Ability to Repay mortgage lending rules established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The change could have serious implications for mortgage and housing markets. The Ability to RepayRead More →