Mortgage Industry News
A collection of Mortgage latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Many don't know about mortgage type good for self-employed
An 'underused' type of mortgage should make a comeback, brokers say, with many borrowers not even aware they exist. Offset mortgages mean that, instead of keeping your savings and your mortgage with completely different banks, you put them both…
Mortgage and refinance interest rates today, Saturday, June 13, 2026: All rates moving lower
According to rates from the Zillow lender marketplace, fixed and adjustable rates are moving lower compared to yesterday. The current 30-year fixed rate fell by 1 basis point to 6.35%, the 15-year fixed rate fell by 7 basis points to 5.78%, and the…
Building society set to make major change for mortgage holders on Monday
Lenders have been cutting mortgage rates in recent weeks following a period of economic turmoil A UK building society has announced a major change for residential mortgage holder s, coming into force on Monday. Skipton Building Society will reduce…
'Hugely underused' mortgage type 'ideal for people with savings'
It uses your savings as a factor Nouran Moustafa, practice principal and IFA at Roxton Wealth, highlighted that a significant number of borrowers fail to grasp how offset mortgages actually work. She added: 'Offset mortgages are definitely…
Homeowners with specific mortgage face payment hike as ECB raises interest rate
The European Central Bank has confirmed a 0.25% rise in interest rates, a move that will directly impact mortgage holders, particularly those on tracker mortgages and variable interest rates. The decision, while widely anticipated, pushes the ECB's…
Mortgage Rates Today: 30-Year 6.53% - Jun 13, 2026
Source: Bankrate (780 FICO, single-family, primary residence) Mortgage rates today held the 30-year fixed at 6.53%, unchanged from yesterday's 6.53%, as borrowing costs continue pressing higher after several weeks of upward drift. The 15-year fixed…
Nationwide confirms a cut to its switcher mortgage rates for existing customers
Nationwide has confirmed a cut to its switcher mortgage rates for existing customers by up to 0.12%. The new rates, across two, five and 10-year fixed rate products, will be effective from today and switcher rates, which are for existing Nationwide…
Underused' mortgage type 'many don't know about
'Underused' offset mortgages should make a comeback, brokers say, with many borrowers not even aware they exist. Offset mortgages mean that, instead of keeping your savings and your mortgage with completely different banks, you put them both under…
What's Driving UWM Holdings Corporation (UWMC) Stock Action
UWM Holdings Corporation (NYSE: UWMC) is among the hidden penny stocks to invest in. According to a June 5 report by TheFly, Keefe Bruyette said UWM Holdings Corporation (NYSE:UWMC) shares reached an all-time low the day before, significantly…
I can't afford a home in the San Francisco housing market. I'm hopeful it's a phase, but it's emotionally exhausting getting outbid.
This as-told-to essay is based on a conversation with Alexandria Belton, 33, who is in the market for a home in the Bay Area. She's been priced out mainly due to the AI boom. The following has been edited for length and clarity. My fiancé…
Woman told family to start charity helping carers of terminally ill people
'When Vicky was ill, she was more concerned with our feelings than she was with herself,' Ben Halstead says, smiling as he talks about his sister. 'In the hospice, when the doctor came and spoke to us and said, have you got any questions? She said…
RBC Capital Maintains Outperform Rating for Zillow Group (ZG)
Zillow Group Inc. (NASDAQ: ZG) is one of the 12 best buy-the-dip stocks to invest in now. On June 10, RBC Capital decided to reduce its price target on Zillow Group (NASDAQ:ZG) from $95 to $70, but it chose to keep an Outperform rating on the…
America In Focus: Inflation hits 3-year high, Wall Street rallies and Musk becomes a trillionaire
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and rising costs are impacting the…
Broader REIT Market or Lower-Cost S&P 500 Real Estate? RWR vs. XLRE
The State Street SPDR Dow Jones REIT ETF (RWR +0.93%) offers broader diversification and a higher yield, while the State Street Real Estate Select Sector SPDR ETF (XLRE +0.98%) provides ultra-low-cost exposure to S&P 500 real estate giants. Both…
Opinion: From nothing bitcoin came, and to nothing it will return
Please log in to bookmark this story. Create Free Account John Rapley is a contributing columnist for The Globe and Mail. He is an author and academic whose books include Why Empires Fall and Twilight of the Money Gods. Bitcoin has lost its raison…
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