July 30, 2020

Churchill Mortgage Expands Tennessee Teams

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states, announced the expansion of two Tennessee teams, […]
July 30, 2020

Regulator proposes new rule change to help more mortgage prisoners

  The financial regulator has proposed a change to its rules which could make it easier for 10,000s of borrowers in ‘closed mortgage books’ to switch […]
July 30, 2020

Mortgage rates fall below 3 percent

Mortgage rates didn’t move much this week but they went down enough to cross a significant marker. According to the latest data released Thursday by Freddie Mac, the […]
July 30, 2020

GDP plunged by worst-ever 32.9%

The U.S. economy saw the biggest plunge in activity it has ever known in the second quarter, though it wasn’t quite as bad as feared. Gross […]
July 30, 2020

U.S. weekly jobless claims rise

The number of Americans who filed for unemployment benefits last week was roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. […]
July 30, 2020

Lowering the base price of 5G spectrum

The government may consider lowering the base price of 5G spectrum to compensate telcos if they have to shell out more for buying non-Chinese equipment. Officials […]
July 30, 2020

Chinese ambassador to UK threatens to withdraw Huawei, £3bn investment

China’s ambassador to Britain has threatened to withdraw Huawei and several billions in investment following the government’s decision to ban the manufacturer’s products from 5G mobile […]
July 30, 2020

Mortgage Rates Remain Flat as Market Waits…

Rates were flat again this week, continuing to oscillate within the narrow window they’ve existed in for the better part of the month. As has been […]
July 30, 2020

How the Fed could push mortgage rates even lower

Both homebuyers and homeowners are loving today’s record-breaking mortgage rates, which have been averaging less than 3% for the very first time. As rates have made history this […]
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