Articles in the Mortgages Category
Prepare For Another Interest Rate Rise
April 25th, 2007
As inflation is currently running above the government’s target, it’s more than likely that rates will go up again next month, probably by 0.25%, although there is an outside chance they will rise by 0.5%.
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We Don’t Trust Our Banks
April 17th, 2007
A recent survey by Fool.co.uk highlighted how we do not trust our banks with our money.
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How Are We Affected By Interest Rate Changes?
March 9th, 2007
Interest rates have been kept at 5.25% for this month, although there are still thoughts that rates will rise again in the next few months.
But how do interest rate changes affect the average person? I’ll explain in very simple terms:
When rates fall, there is less incentive for people to …
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Interest Rates Remain Stable
February 8th, 2007
The Bank of England has decided to keep interest rates at the same level (5.25%) this month, after last month’s surprise decision to raise the rates.
As I mentioned yesterday, many experts expert more rate rises before the summer, following the 3 previous 0.25% rises in the last 6 months.
Those …
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Want A Shorter Mortgage? Try Overpayments
February 8th, 2007
According to MoneyExpert, mortgage experts Charcol recently encouraged mortgage-holders to try to overpay on their payments, in light of the fact that many lenders are no longer making early repayment charges.
Indeed, if you’re in the lucky situation of being able to make overpayments to your mortgage, and are sure …
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Are You Prepared For Another Interest Rate Rise?
February 7th, 2007
The Bank of England will announce the fate of interest rates again tomorrow, and there’s plenty of speculation that rates still have some chance of upward movement yet to go.
Reuters surveyed 62 economists, of which just 5 thought that rates would rise this month, yet another 46 predicted rates …
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This Is Money: The Without-profits Funds
January 17th, 2007
Mortgage endowments are still a disaster. To blame the downturn at the start of the century, as many insurers continue to do, is pathetic
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This Is Money: Homeowners Face Rate Crunch
January 17th, 2007
Homebuyers were rocked by more depressing financial news last night, as they were warned to brace themselves for yet another interest rate rise
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This Is Money: The First Time Buyer Challenge
January 17th, 2007
Young people face bigger problems in buying their first home than any previous generation, a report has revealed
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MoneyExpert: HSBC Announces New Homeowner Loan Product
January 16th, 2007
HSBC has announced a new five-year fixed-rate mortgage after the homeowner loan offered in its Green Sale sold out.
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