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Uptake in long-term mortgages bad news for brokers – Mortgage brokers could see a decline in the number of clients needing advice as more and more consumers opt for long-term deals. In the past, consumers typically took out two-year fixed rates -.
Sonoma County homebuyers still spooked by high prices, yet low interest rates add buying power – That is not a normal market,” said Erika Rendino, the real estate broker who. interest rates make mortgage payments more.
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Broker numbers reaching crisis point as volumes rise – The shortage of brokers is nearing a tipping point following an upswing in business, say experts. Association of Mortgage Intermediaries chief executive robert sinclair says things are “getting tight”.
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Mortgage broker – Wikipedia – A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products. As markets for mortgages have become more competitive, however.
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