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Canadian lenders are taking steps to adapt to the present vs remaining consistent to historical practices Have a read on the below news of a 40 year amortization feature Give our team a contact anytime and we can hold your hands through this process and ensure you are well informed https://lnkd.in/g-QUZV7t

With the tsunami of loan defaults, including maturities, barrelling down on us, what are your options? Sending the keys back to the lender should be the absolute last option you should choose. Our success in managing defaults results from our deep understanding of how banks manage risk INTERNALLY. Not sure what to do? Time to book a strategy call directly with me. In less than 30 minutes I can give you a very clear idea of your options and opportunities. Book the call here: https://lnkd.in/g3gbDbCZ https://lnkd.in/gViXee8b

Just when we are expecting interest rates to subside and the Bank of England start to reduce the benchmark rate, news of large lenders increasing fixed deals by another 0.3%!!! When will it start to turn? #erbinsurance #commercialinsurance #insurancebroker #commercialbroker #localbusiness #localbusinesses

As for today, it was forgettable in terms of rate movement, but still quite nice in the sense that the average lender remained in line with the lowest levels in more than 4 months. Read the full article here  https://lnkd.in/gF8vce_s

👉 What is the minimum deposit that I need to buy a house in New Zealand? 👉 I heard banks weren’t lending to people with less than 20% deposit? 👉 Can I be gifted my entire deposit, or do I need savings? 👉 What counts as “genuine savings”? 👉 What are some tips for getting a mortgage with a small deposit? Check out this blog from The Mortgage Lab to find out how much do you need to buy your first home here: https://hubs.la/Q02vhvJ80

While impacted by the Federal Interest Rate, your rate will be determined by credit score, loan-to-value (LTV) ratio, debt-to-income (DTI) ratio, loan amount, closing costs, Discount points and even property type.

As market outlook improves, swap rates reduce and lenders shift tranches of funds borrowed on higher swaps, we can be optimistic that the markets unsettling run stops for now and hope that we get some further downward continuity on lender rate pricing. Everything crossed 🤞

The NAR commission settlement is likely to change the face of the home sale market. But how? Learn more in the latest issue of IMF’s Loan Originator News. Filled with market intelligence tailored for your needs as an LO, the free monthly newsletter provides valuable insights on where the market is going and what niches you should be watching to stay on pace.

Here's why banks undervalue properties and how to negotiate with your lender: #UndervalueProperties #PropertyNegotiation #HouseValue

 Mortgage rates saw a slight improvement today, despite stronger-than-expected economic reports. However, this might be a minor correction before tomorrow's Core PCE report, which could potentially impact the market if it deviates significantly from CPI numbers. #interestrates #mortgages #mortgagebrokersarebetter #themoreyouknow #data