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five-year rates drop 4bps – Mortgage Strategy

Average five-year fixed rates were the biggest movers this week – down by 4 basis points to 5.37%, according to Moneyfacts’ weekly data. The reductions to average rates were not as steep as last week when two-year rates fell...

Business loans to fuel your growth

When you’re looking to expand your business, for example by launching a new product, moving to larger premises or growing your team, a business loan could help to fund your ambitions. Before making any decisions about borrowing to expand, you’ll...

Personal Loans UK Guide for 2024

Personal loans, in recent years have gained a lot of negative press, but if you fully understand how they work, and use them sensibly, they can be very useful. We’ve put together a guide to help you better understand and...

Will Mortgage Rates Ever Go Back Down to 3% Again?

They say to never say never. But why?Because if you say it, whatever you said would never happen typically happens. Go figure.Well, speaking of, Fannie Mae chief economist Doug Duncan recently said barring a “catastrophic economic event,” not to...

SoFi Publishes Inaugural Environmental, Social, and Governance Report

Earlier this year, we announced the launch of a dedicated ESG Committee, which is made up of 10 SoFi stakeholders who represent key areas our organization– including facilities, people, financial reporting, and others – and tasked them with tracking...

Personal Loan Statistics of 2024

Understanding personal loan statistics is crucial for informed financial decision-making. These statistics provide valuable insights into borrowing trends, interest rates, repayment patterns, and default rates. By analyzing this data, you can make well-informed decisions about whether to take out...

The Latest Student Debt Relief Announcements (Part 3): Share Your Thoughts on the New Debt Relief Plan

In an earlier post, we shared information about the new student debt relief plan that President Biden announced on April 8, 2024. The Department of Education later published proposed regulations for most of the new plan. You can now...

Homespire’s Prakash Karnani, EVP, Marketing & Technology, Named a 2023 HousingWire Marketing Leader

Homespire Mortgage is thrilled to announce that our own Prakash Karnani, Executive Vice President of Marketing and Technology, has been recognized with the prestigious 2023 HousingWire Marketing Leaders Award. This esteemed accolade, presented annually, recognizes the most creative and...

‘Unauthorised’ broker charged with fraud – Mortgage Strategy

A 64 year-old Peckham man has been charged with fraud for allegedly advising on mortgages without being authorised as a broker. Peterson Okoh appeared in Westminster magistrates court on Wednesday accused of arranging mortgages, between January 2018 and December...

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