Latest Fed decision gives no clarity on where mortgage rates are headed
Brokers are taking a calm approach, but mortgage market watchers are still in the dark on the rate path ahead

Brokers are taking a calm approach, but mortgage market watchers are still in the dark on the rate path ahead

Afin Bank has hired Kimberley Bennett as mortgage underwriter to expand its credit team. Bennett joins from Precise where she spent more than nine years, rising through the organisation to become a mortgage underwriter. Afin Bank chief executive Jason Oakley says: “I’m delighted to welcome Kimberley to Afin and we now have a great team…
“We have no debt and own our primary home, a vacation home, as well as my mother’s home in another state.”
Two sets of official figures published on the same day appear to point in opposite directions. Fewer landlords are falling behind with their mortgages, yet more landlords are asking the courts to return their properties. The distinction may reveal something more important than a simple arrears story. Two official reports published today tell very different…
As Islamic finance continues to expand beyond traditional products and markets, Emirates NBD Capital stands out for its ability to apply Shariah-compliant structures to increasingly complex financing challenges. Rather than simply delivering scale, the firm demonstrated how Islamic financing techniques could be adapted across sectors, geographies and borrower requirements – from bespoke credit-enhanced murabaha facilities…
Novel ETFs are headed toward a clearer review process, according to Brian Daly, who directs the Division of Investment Management at the Securities and Exchange Commission (SEC). Key Takeaways: Daly says the SEC is reasonably close to a proposal for reviewing novel ETFs after industry feedback. About 85 comment letters stressed a predictable process, staff…
A wave of upzoning across the San Francisco Peninsula is cracking open some of the region’s most supply‑starved housing markets, prompting multifamily developers to target obsolete office sites in Sunnyvale, San Mateo and Menlo Park for hundreds of new apartment units. Cities up and down the Highway 101 corridor are under pressure from the state…