Mortgage Interest Rates
Negative equity "four times more likely in north than south"New research reveals that negative equity - when a homeowner owes more than their home is worth - is almost four times as likely to occur in the north of England than the south. |
Homeowners advised to pay down mortgage debt rather than savePeople with mortgages can save thousands of pounds by overpaying on their mortgage rather than saving money in a low interest savings account. |
LV= cuts rates on lifetime mortgagesAn interest rate cut has been announced for the lifetime mortgages offered by equity specialist LV=. |
Average two-year fixed rate mortgage deal now at 3.82%Two-year fixed rate mortgages are cheaper than ever, according to new figures from a leading price comparison site. |
Halifax: House prices fall by 1.2% in AugustThe latest Halifax House Price Index shows that prices in the UK fell by 1.2 per cent, wiping out the gains made in the last three months. |
First-time buyers 'will benefit from new mortgage options'Norwich and Peterborough (N&P) Building Society has unveiled two new mortgages that it believes will prove tempting options for people keen to get their foot on the first rung of the property ladder. |
Lower tracker mortgage rates from NationwidePeople seeking cheaper tracker mortgages may wish to take action as Nationwide has unveiled lower rates on some of its products. |
Remortgaging picks up in first quarter of 2011A spike in remortgage activity is thought to be tied to the expectations of an increase in interest rates. |
Leeds Building Society reduces mortgage rateLeeds Building Society has revealed a reduction of 0.2 per cent for its two-year fixed rate mortgage, which may appeal to people coming to the end of their exisiting deal. |
New mortgage deals launched by Coventry Building SocietyCoventry Building Society has expanded its mortgage range with the launch of a number of new products this week. |
Mortgage rates and fees reduced by SkiptonA variety of changes to mortgage products have been made by Skipton Building Society. |
Buying a home now 14 per cent cheaper than rentingResearch from Halifax shows that those choosing to rent shell out £100 more than those that opt to buy a property. |
Yorkshire BS cut rates on fixed rate mortgagesThe Yorkshire Building Society has cut rates by up to 0.50 per cent on some of its fixed rate mortgages. |
Bank of England maintains interest rates at 0.5 per centThe Bank of England's Monetary Policy Committee (MPC) has voted to maintain interest rates at 0.5 per cent for the 24th consecutive month despite pressures to increase base rate to tackle inflation. |
Why overpaying on your mortgage is better than savingIf you are able to overpay on your mortgage you can save thousands of pounds in interest payments, dramatically reduce the term of your mortgage and outperform any savings account. |
Skipton launches new mortgagesSkipton Building Society has launched a new Options mortgage range, an innovative set of Base Rate Tracker products offering a Switch and Fix facility. |
A guide to tracker mortgagesTracker mortgages have given the best mortgage deals over the last two years but what is the outlook for them at a time of heightened concern about when the Bank of England will raise interest rates? |
Interest rates remain at 0.5%The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates at their historically low level of 0.5 per cent for the 23rd consecutive month. |
N&P increases LTV on mortgagesThe loan to value (LTV) on a number of discounted rate mortgages has been increased to 85 per cent by Norwich and Peterborough (N&P) Building Society. |
Would it be so bad if interest rates increased?The spectre of higher interest rate looms as the Bank of England is under pressure to fight inflation, but would a rise in interest rates be as negative as many people fear? |
Santander introduces mortgage changesSantander has cut rates on its range of two-year trackers by up to 0.20 per cent and introduced two new two-year fixed 80 per cent loan to value (LTV) mortgages. |
Coventry Intermediaries cuts ratesRates have been cut and loan to values (LTVs) increased by the latest Residential and Buy to Let portfolio from Coventry Intermediaries. |
Bank of England maintains base rateThe Bank of England has maintained the base rate at 0.5 per cent, making it almost two years since it last changed. |
Halifax reports 1.3% reduction in UK house pricesHalifax have released their latest seasonally adjusted house price index for 2011. It shows that house prices fell by 1.3 per cent in the month and 1.6 per cent over the course of 2010. |
Mortgage lending down ten per cent in a yearThe Council of Mortgage Lenders (CML) released figures yesterday showing that mortgage lending for November 2010 fell to £11.1 billion and predicted that first-time buyers will find it difficult to get a mortgage in 2011. |
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