31 January 2008 Archive
Fed cuts US rates to 3%
The US Federal Reserve cut US interest rates by 50 basis points to three per cent yesterday. |
Mortgage market woe 'overstated'
The extent of despair facing mortgage borrowers in 2008 is being overstated, the Council for Mortgage Lenders (CML) said today. |
Nationwide: House prices down for third month
House prices have continued to fall throughout January, the latest housing market data reveals. |
Beware of tracker mortgage rates
Mortgage lenders are unlikely to pass on a Bank of England rate cut to borrowers, making tracker products ineffectual for those seeking cheaper deals. |
HSBC battles mortgage misery
HSBC borrowers coming off fixed mortgages are being offered matched rates in a new deal being introduced by the bank tomorrow. |
Offset mortgages: The lowdown
Homeowners could save as much as £70,000 by opting for an offset mortgage to repay their home loan, new research has revealed. |
Egg's 5.39% fixed mortgage deal
Egg has launched a new three-year fixed-rate mortgage with a rate of 5.39 per cent. |
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