Mortgage Rates Surge to Recent Highs

Mortgage rates surged higher today, ultimately making it back to levels not seen since late October in some cases (depending on the lender). Part of the reason rates were able to cover so much ground in a single day is that the recent range has been exceptionally narrow. In fact, it wouldn't be too
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… were driven largely by the anticipation of regulatory reform measures, a trend “capped off by the release of the final draft of the Volcker Rule in 2013.” Deal volume reached record levels in 2014. In part these were multi-strategy portfolios up for sale, some including real estate and infrastructure stakes.
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Overall growth will come to a halt as the number of transactions falls slightly, RICS said in a report Wednesday, with a continued dearth of supply preventing outright declines. Some regions are set to see gains, offsetting slumps in London and the southeast. Political and economic uncertainty, tax
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[LONDON] UK house prices will stagnate next year, according to the Royal Institution of Chartered Surveyors. Overall growth will come to a halt as the number of transactions falls slightly, RICS said in a report on Wednesday, with a continued dearth of supply preventing outright declines. Some regions
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The private-banking arm of OCBC Bank is adding more staff in Dubai, as the Singapore lender seeks a greater role in managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 relationship managers next year to cater to non-resident
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The housing market is expected to grind to a halt next year but a shortfall in supply will prevent a significant drop in prices, according the Royal Institution of Chartered Surveyors (RICS). In its annual market housing forecast, RICS said that house price growth in the UK would slow in 2018 with the
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Mortgage rates today have no guidance from economic reporting. There is nothing in the works until tomorrow's NAR Existing Home Sales Report for November. The National Association of Realtors will report sales of 5.59 million, up from October's 5.48 million, if experts are on target with their estimates.
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LONDON — The UK housing market is in a rut, and price growth will likely grind to a halt next year, according to the RICS housing forecast for 2018. RICS, whose predictions are based on a poll of chartered surveyors said house prices would flatline next year because the market is being dampened by
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The New York-based Gamma Lending Opportunities Lp had published form D about $55.00 million offering. The date of first sale was 2015-12-01. The Limited Partnership raised $55.00 million. The offering is still open. The total private offering amount amount was $55.00 million. The offering filing was
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The housing market continued its “tale of two markets” across the state, according to the California Association of Realtors in a recent report. The median price in Orange County was $785,000 in November, down 0.1 percent from $786,000 in October but up 6.9 percent from $734,500 in November 2016.
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In order to assess the current state of affordable housing, and its direction next year, HousingWire brought in Bank of America Merrill Lynch Community Development Executive Maria Barry. In the Q&A below, Barry explains the current state of affordable housing, what direction it could take next year, and
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Well over one-third of home purchasers nationwide are first-time buyers and the consumer segment represents a significant source of business for mortgage lenders, particularly given the purchase-driven market that has emerged in 2017. However, entry-level homes represent less than 26% of overall
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The housing market in Midland County continues to set monthly records and possibly is a warning to community leaders that inventory could become an issue. The Permian Basin Board of Realtors reports 172 homes were sold in November — the most in the second to last month during the 10 years the
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Over the past year, home purchases have grabbed a greater share of the overall mortgage market. Purchase loans tend to be riskier than refinances. Among home purchase loans, a greater share were made to investors, which also tend to carry more credit risk. The credit quality of refinanced loans also
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Five UK banks have been given more time by the Competition and Markets Authority (CMA) to comply with Open Banking regulations. Barclays, Royal Bank of Scotland (RBS), HSBC, Santander and Bank of Ireland appealed to the CMA for a delay to the January deadline. Open Banking is a new digital
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NEWPORT BEACH, CA — Looking for a new home in Newport Beach, or across Orange County? home sales edged up by 0.6 percent in November compared to the same month in 2016, but they were down 4.2 percent from October. The housing market continued its “tale of two markets” across the
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This will be driven by a combination of a shortage of properties for sale, and continued low levels of house building, unemployment and interest rate environment, said Halifax. Over 2017, property price growth fell from the 10% in March 2016 to a low of 2.1% in July this year, with a recent recovery to
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Understanding your mortgage options can make all the difference when you're looking for a loan that you can comfortably afford. I'm Kia, based in , and I'm passionate about building relationships with my clients. As your Senior Financial Center Lending Officer, I can offer educational resources,
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As we close the books on 2017, it's clear it's been an eventful year for our economy and for banking. Despite beginning the year in a cloud of uncertainty, our domestic economy has shown numerous signs of optimism and strong momentum for continued growth. U.S. consumer confidence is at a 17-year
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Description. My client is a leading retail bank in Limerick City with a vacancy for an experienced mortgage specialist to join their team. Role: Mortgage Specialist Location: Limerick City Client: My client is a leading retail bank. The Job: 1. Provide a professional and comprehensive sales and advisory
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