Author: badmortgage
The National Housing Trust (NHT) has funnelled $1.1 billion to private banks to subsidise its External Financing Mortgage Programme (EFMP), a move that effectively outsources its mortgage book to protect a multibillion-dollar housing construction budget. The contributor-funded state-run entity is projected to pay a further $1.3 billion in interest to financial institutions for the 2025-26 fiscal year, it disclosed, following a Sunday Gleaner query. At the same time, it said financial institutions participating in the three-year-old EFMP have disbursed $33.73 billion as of December 2025, with the NHT betting on a subsidy-first approach. It said the cost of paying these…
This real estate strategy may be doing more for your taxes than you realize.
The difference between average and excellent credit isn’t what most people think.
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Onslow Bay Financial, a subsidiary of Annaly Capital Management (NYSE:NLY), has rolled out a new in-house loan origination platform using MeridianLink Mortgage. The move marks a shift away from a third-party vendor solution to an internal system focused on the non agency mortgage market. The change is aimed at improving operational efficiency, flexibility, and support for business volume and client engagement. Annaly Capital Management, through Onslow Bay Financial, operates in the non agency mortgage space, where technology and data infrastructure…
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Ashley Grupe’s monthly student-loan payments have been $54 for the past three years. This fall, they’ll likely surge to $644. Loading audio narration… “When I saw that number, I just froze,” the 34-year-old told Business Insider. “That’s ‘I need a second job’ kind of money.”Grupe’s payments are skyrocketing after former President Joe Biden’s SAVE student-loan repayment plan was eliminated last month.Dozens of student-loan borrowers told Business Insider they’re worried that, with SAVE gone, they won’t be able to afford higher monthly payments. While the Trump administration is introducing a new income-driven repayment plan this summer, it’s less generous than existing…
Apr 5, 2026 The economic fallout from the war with Iran is driving up the cost of buying a home, even as other housing market trends in many parts of the country favor home shoppers this spring.Mortgage rates have been rising since the war began, as surging energy prices heighten worries about higher inflation, pushing up the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to pricing home loans.As recently as the last week of February, the average rate on a 30-year mortgage dropped to just under 6%, its lowest level in more than three and…
St. Louis CITY SC has added CITY2 goalkeeper Colin Welsh to the first-team roster on a short-term loan agreement ahead of tonight’s match against NYCFC. Kickoff is set for 6:30 p.m. CT at Citi Field. Welsh joined CITY2 in 2025 and in his first professional season, Welsh made 12 starts, picking up four clean sheets, highlighted by being named the MLS NEXT Pro goalkeeper of the Month in March 2025. Through two starts this season, Welsh has won two matches, most recently picking up a 2-0 clean sheet last weekend against Sporting KC II. The Kansas native spent time with CITY SC in both preseason camps this year and has been a regular in training. Per MLS roster rules, short-term agreements allow…
Good news house hunters: This weekend, mortgage rates are significantly lower than last weekend. The Zillow lender marketplace is reporting an average 30-year fixed mortgage of 6.22% — that’s down a full quarter point from last weekend. The 15-year is now 5.72%. Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.22% 20-year fixed: 6.23% 15-year fixed: 5.72% 5/1 ARM: 6.27% 7/1 ARM: 6.24% 30-year VA: 5.90% 15-year VA: 5.56% 5/1 VA: 5.42% Remember, these are the national averages and rounded to the nearest hundredth. Discover 8 strategies for getting the lowest mortgage rates. These…