Items tagged with: mortgage rates
Mortgages: Interest rates ‘may not come down’
5 November 2008
People looking for a mortgage may have been disappointed to hear a leading banker suggesting mortgage rates might not come down in line with Thursday’s expected base rate cut.... read more »
Hope for mortgages as LIBOR falls further
24 October 2008
In a potential boost to the mortgage and loan markets, Wednesday saw the cost of interbank lending fall further as banks displayed increased confidence in market conditions. ... read more »
Lender cuts mortgage rates
23 October 2008
A major UK lender has announced it is cutting the rate it charges on its three-year fixed-rate mortgage product.... read more »
Interest rates ‘could be as low as 1%’
20 October 2008
Leading economists have said that the Bank of England may need to cut the base rate to 2% or even as low as 1% “within months”, as it aims to protect the economy from a serious economic crisis, according to The Telegraph.... read more »
Many mortgage providers ‘failing to pass on base rate cut’
21 October 2008
The Bank of England’s half-point base rate cut has not had its full intended impact, as only four building societies have passed the cuts on to customers on their variable-rate mortgage products, The Times reports.... read more »
Lender announces changes to mortgage range
23 December 2008
A UK lender has revealed that it has made changes to its range of mortgages.... read more »
Major mortgage lenders pass on base rate cut
12 January 2009
Three major mortgage lenders have announced that they will be passing on the full base rate cut to their Standard Variable Rate (SVR) mortgage products.... read more »
Near-unanimous vote for January base rate cut
21 January 2009
Minutes from the latest Monetary Policy Committee meeting have shown that the Committee members voted 8-1 in favour of the recent 0.5% base rate cut.... read more »
Mortgage approvals up in December
28 January 2009
Figures from the British Bankers’ Association (BBA) have shown that the number of mortgage approvals rose in December.... read more »
Cost of fixed-rate mortgages ‘could be set to rise’
16 February 2009
The cost of new fixed-rate mortgages may have fallen as far as it’s going to, experts have stated.... read more »
Mortgage lenders still cutting rates
19 February 2009
Several mortgage lenders have cut the price of their fixed-rate mortgage deals, despite some brokers calling the ‘bottom’ of the market.... read more »
Remortgage – now, later or never?
17 March 2009
If you`re watching the base rate fall and wondering whether you should remortgage, read on.... read more »
Mortgage advice: finding the best remortgage rate
18 March 2009
With the Bank of England`s base rate at an all-time low of 0.5% (as of 5th March 2009), there are many good remortgage deals out there, if you can just find the right one... read more »
Base rate remains unchanged at 0.5%
9 April 2009
The Bank of England`s Monetary Policy Committee has voted to keep its base rate at 0.5%, following nine consecutive cuts.... read more »
Home loans for people in negative equity
15 April 2009
Two major home loan providers are now offering mortgages to existing customers who are in negative equity.... read more »
Mortgage borrowers `moving back to fixed rates`
6 April 2009
More people are choosing fixed-rate mortgages ahead of `inevitable hikes` in interest rates, a new report has suggested, despite the base rate falling throughout the first quarter of this year.... read more »
Mortgage rates – what are my options?
6 February 2009
All mortgages charge interest, but different mortgages do it in different ways. Some deals may offer greater savings but greater risks, while others might offer higher mortgage rates today – but no danger of price increases tomorrow.... read more »
Mortgage rates come down
29 August 2008
Good news for mortgages, as major mortgage providers announce a series of reductions in rates.... read more »
Low mortgage rates ‘may spur a rebound’ in house sales
6 February 2009
Lower availability of mortgages may have hampered the housing market on both sides of the Atlantic, but reductions in the cost of both mortgages and property could re-ignite interest in buying a home, experts say.... read more »
CML: Little room for mortgage rates to come down
13 March 2009
Despite the latest reduction in the UK`s base rate of interest, consumers are unlikely to see mortgage rates fall further.... read more »