Banks are making bigger profits from writing new mortgages today than at any time since 2004, putting intense pressure on lenders to cut interest rates independently of the Reserve Bank, new research suggests.
Banks gain profit from lending
Most Popular Articles
Latest Articles
Mr. Cooper delivers $48M profit in Q1 2024
Mr. Cooper Group unveiled strong financial results in first-quarter 2024, buoyed in part by a strong servicing and subservicing business.
-
At World Properties settles the commission lawsuits
-
Mortgage demand slumps as interest rates move higher: MBA
-
Special report: The brokerages gaining or losing market share in Dallas
-
Technology’s role in rental property investment market
-
Best real estate continuing education schools for quick and easy license renewal in 2024