Peoples National Bank, N.A.的动态

?? Breaking News! ?? As of Nov 21, banks will no longer need to apply the federal stress test for uninsured mortgage renewals — giving you the chance to switch to a better deal! ?? Will this boost competition between lenders, or will banks tighten other qualifying criteria? Stay tuned for the full breakdown in our upcoming blog! ?? #MortgageRenewal #FinanceUpdate #Homeownership

Positive news for homeowners! ?? Two major lenders, HSBC and Barclays, are cutting mortgage rates after a period of increases. This follows a shift in the market with swap rates calming down. While the best rates may still be reserved for those with larger deposits, this is a sign of potential improvement for the mortgage market. Stay tuned for further updates as the Bank of England is next set to vote on whether to cut interest rates at the end of June. To read the full article, visit The i Paper: https://lnkd.in/ezGHcepb #PropertyNews #Chichester #EstateAgent #Property #MortgageRates #Homeowners

The Federal Reserve has made its first decision of 2024. Interest rates will remain unchanged for now. However, there is a possibility of up to three rate cuts in the near future. ?? This anticipation presents an opportunity for you to secure lower rates before the Fed's next move. Now is the perfect time to turn your property dreams into reality, saving you money in the long term. ?? Connect your buyers with a BankSouth Mortgage loan officer today to explore their options! https://lnkd.in/gxaKVNAa #BankSouthMortgage #YourLocalLender #HomeOwnership #MortgageRates #FedUpdate #FederalReserve #MortgageNews #MarketWatch #HousingMarket

Modest home price growth and mild increases in arrears will continue globally through 2024, broadly tracking Fitch Rating’s annual forecasts for the 15 countries covered in our 2024 Global Housing and Mortgage Outlook. Learn More: https://ow.ly/bEhb50SxZzI #FitchRatings #Banks #StructuredFinance #RMBS

Here's another Fed update: We may see rate cuts as early as September. The Board is optimistic and would like to see more positive data before taking action. Although the Fed didn't reduce policy rates at their July meeting, mortgage rates can decrease before any action by the Fed. If you're considering buying, increasing prices may cancel out any potential savings from lower rates in the future. Let's discuss to determine the best course of action for your situation. Mortgages & More, LLC is an Equal Housing Lender. NMLS#2323345 #FedUpdate #MortgageRates #EconomicOutlook

Here's another Fed update: We could see rates cuts as soon as September. The Board is encouraged and hopes to see more good data before making the move. While the Fed didn't cut policy rates at their July meeting, mortgage rates can fall in advance of Fed action. If you're waiting to buy, rising prices may offset the lower rates you could get later. Let's talk to see what might be right for your scenario. Excel Mortgage Brokers is an Equal Housing Lender.

Here's another Fed update: We could see rates cuts as soon as September. The Board is encouraged and hopes to see more good data before making the move. While the Fed didn't cut policy rates at their July meeting, mortgage rates can fall in advance of Fed action. If you're waiting to buy, rising prices may offset the lower rates you could get later. Let's talk to see what might be right for your scenario. Grow Mortgage is an Equal Housing Lender.

Mortgage update ? Slightly later weekly update than I would like but I will lay blame with a couple of lenders giving us a few hours notice on Friday with rate pulls meaning we have a short deadline to submit applications (a continued sore subject in the mortgage industry). Residential rates on a purchase are starting from 4.09% with Barclays and Scottish Building Society leading the way with their 5 year fixed offering. Barclays can actually go slightly lower but only for their premier customers. Barclays also lead the way on 2 year fixed rate money at 4.39% (4.38% for premier customers) on residential purchases. ? The reports of Jeremy Hunt announcing a ‘1% deposit mortgage’ in this coming weeks spring budget has now apparently been scrapped which personally we feel is a good thing. The budget is due to take place on Wednesday so will be interesting to see what (if anything) is mentioned about the housing industry.

Waiting for mortgage rates to fall? A lot of other buyers are too. When rates are higher, there are fewer buyers in the market. But when rates start to come down later this year, buyer demand will ramp up. If you want to beat the crowd, you could sell now. It’ll save you a heap of competition and stress down the road. Let’s chat. Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. NMLS ID#2258 |MEMBER FDIC | EQUAL HOUSING LENDER #realestateadvice #housingmarketupdate #keepingcurrentmatters

What’s Ahead For Mortgage Rates This Week – September 9th, 2024: This week, the most important release of the year regarding inflation data will occur. Once again the CPI and PPI take the front stage clearing the way for rate cuts made by the Federal Reserves. Based on several indicators, there is strong confidence that if the upcoming inflation data meets expectations, we could see interest rate cuts before the year ends. In addition to the inflation data, the Consumer Credit reports will be released early this week. Both lending partners and the broader market have high expectations for these reports. https://dlvr.it/TD1Frk Equal Housing Lender NMLS 12985