Lender revises credit policy for home loan applications
BOQ Group has also made changes to its minimum nominal rental requirements for mortgage applications COVID-induced crackdowns on home loan...
Finance
Know the latest mortgage rates, broker announcements, personal finance and more about the wider mortgage sector as and when they happen in the Finance section.
US mortgage forbearance repayment options
The relief provisions allow individuals to request forbearance for 180 days with the option of extending the pause for an...
US mortgage rates below 3% for the first time
It was the latest in a string of record-low readings for the cost of home loans and a rare bright...
ASB Bank drops first-home buyer mortgage rates
Over recent years, people with less than 20 per cent equity have not been able to access bank “specials”, which...
More fall behind on mortgage payments due to pandemic
In April alone, 6.1% of borrowers across the US were at least 30 days late on their payments, according to...
Montgomery (US) launches new rental, mortgage and utility relief program for residents
The county has set aside £7.93 million ($10 million) of Cares Act funding for this program COVID-19 has cost many...
Australians refinance record $15 billion worth of mortgages
The latest ABS figures show 33,712 owners refinanced in the month of May, around a quarter higher than April As...
Australia’s St.George Bank lowers Lenders Mortgage Insurance for first home buyers
The move from St.George will give those with a deposit of 15% a chance to keep that money in their...
Vermont (US) to launch mortgage relief and rental assistance programs
The Vermont State Housing Authority, which manages federal rental assistance programs, will administer a $25 million rental assistance program The...
Canadian mortgage rates hit record lows
Mortgage deferrals, meanwhile, topped 743,000 in May at Canada’s six major lenders alone Canadian mortgage rates are in a virtual...
