Property values are rising in many parts of the country, and prime home-shopping season is approaching. Some buyers are rushing to get mortgages before the Federal Reserve raises interest rates, which could happen in the coming months.
Genworth Mortgage Insurance Australia Ltd said Westpac Banking Corp, the country's second-biggest lender, has cancelled a sales agreement after a review of its riskier loans, a move that will hit the insurer's 2016 earnings. The Australian affiliate of United States Genworth Financial Inc said on Tuesday Westpac gave the company 90 days' notice that it was ending the sales accord. The …
The new Central Bank mortgage rules which came into effect last weekend have sparked fears that they may drive up rents even further around the country.
British mortgage approvals rose in December for the first time since June, the Bank of England said on Friday, suggesting that a steady slowdown in the number of loans for home purchases could be bottoming out. Data from the BoE also showed a sharp slowdown in December in borrowing by British consumers whose spending has driven the country's economic recovery. The BoE said mortgage approvals for …
In the post-recession business world, how do you become the highest-rated, fastest-growing stand-alone mortgage insurance provider in the country? By challenging conventional wisdom.
A Mexican mortgage trust, looking to close the country’s largest initial public offering in over a year, is hoping to compel investors to buy its shares with one thing: yield, and lots of it.