Winkworth’s Post

Good to see the major players in the mortgage market starting to reduce rates in advance of the expected interest rate reduction on the 1st of August. If you are looking for a mortgage, be it for a new property or your tracker is coming to an end, drop us a line. We work with a number of mortgage brokers who can often find a better deal for you then you going direct. #AlexanderPeterPropertyServices

🔗 Did you know 91% of mortgage applications are now sourced through intermediaries? Lenders continue to rely on brokers to adapt to volatile pricing environments. Learn more about why broker distribution remains critical in today’s market. 📊 Download the full 2024 Mortgage Efficiency Survey for all the insights: finova.tech/mes2024 #MortgageBrokers #Intermediaries #LendingSolutions #MES2024 

91% of mortgage applications are sourced through intermediaries. Brokers play a crucial role in adapting to market volatility. Discover why broker distribution is vital today. 📊 Get all the insights in our 2024 Mortgage Efficiency Survey: finova.tech/mes2024 #MortgageBrokers #Intermediaries #LendingSolutions #MES2024 

I have updated data on various mortgage rates and lending indicators, with different averages calculated. This snapshot aims to provide insights into potential trends based on the Federal Reserve's actions. #fed #money #lending #mortgage #debtinsights

What's happening in the mortgage world? Accord & NatWest are cutting rates, the base rate has dropped, and the industry is reacting. Get the full story and more in Mortgage Strategy's weekly roundup: https://lnkd.in/e5GhxJwu #mortgageindustry #financialservices #realestate

Barclays has sounded the starting gun on what is expected to be a round of fixed rate mortgage rate cuts from banks and building societies over the coming weeks. From tomorrow, the lender will reduce its rates on most of its home loan products. The rate on a two year deal for borrowers with a a 10% deposit is coming down from 5.76% to 5.48%. For applicants with a larger 40% deposit the rate falls from 5.13% to 4.88%, while for a 5 year fix the rate drops from 4.90% to 4.85% for borrowers with a 10% deposit. https://lnkd.in/dNCEcjKF Your home may be repossessed if you do not keep up payments on your mortgage.

Our very own Nicholas Mendes in ‘GB News’ providing some comments on HSBC, Barclays and NatWest slashing mortgage rates. “On Friday, the five-year money rate was at 3.82 per cent, indicating that lenders certainly have room to lower five-year fixed rates even further from their current levels”. Click the link below to read the full article and Nicholas’s full comments.👇 https://lnkd.in/g7Feae3N #johncharcol #mortgagebroker #mortgagebrokers #mortgagebrokerage #remortgage #remortgaging #fixedrates #fixedrate #producttransfer #pt #switchlenders #advice #mortgageholders #lenders #mortgage #mortgagelending #mortgagebrokeruk #mortgages #mortgageadvice #mortgageadvisor #mortgagelending #mortgagebrokeruk #firsthomebuyers #firsttimebuyer #firsthome

Hedging - How to Minimize Mortgage Risks: A Guide for Institutions and IMBs For most Independent Mortgage Banks (IMBs) and any institution involved in the mortgage business, there's an inherent risk from the day you create or lock the mortgage until the day you sell it. The value of the mortgage fluctuates constantly, and we don't want to gamble on that. If we did, it would be like playing roulette—sometimes you win big, but other times you lose big. The swings are so dramatic that if you made a practice of gambling on rates, you wouldn't have a long-lasting company like Morgan. https://lnkd.in/gcb_-q-f https://lnkd.in/gBq4PjFq

How Will Mortgage Brokers Face FINTRAC Changes? “Buy For Less Yet Sell For Best”, “SHAN: 416 827 4749”, “Listing with 1% Commission”, “Cash-Back”, #PrivateLender #LineOfCredit #2ndMortgage #PrivateMortgage #GTAHomes #RealEstateGTA #ListingWithStaging #CashBack #Investment #BankRate

Summer brings a sunnier outlook for mortgage rates 🌞 Three of the big lenders, Barclays, HSBC and TSB, have already lowered their rates and further reductions are on the horizon. Read more here 👉 https://ow.ly/CvcZ50RJycs