Companies that offer buyers a loan of 100 per cent of the property value could be going “a step too far”, a mortgage analyst has claimed.
Tag: Interest Rates
Motley Fool: How Low Can Your Rate Go?
Good news for new Barclaycard Platinum MasterCard/Visa customers: the annual interest rate has just been cut by 3%!
MoneyExpert: Buyers Urged To Shop Around
Those looking to compare mortgage rate fees are being encouraged to shop around for the most suitable deal.
MoneyExpert: Different Deals For Those Who Clear Balance
People who repay their credit card balance in full every month could benefit from a number of different options when it comes to comparing deals, it has emerged.
MoneyExpert: ‘Credit Card Industry Has Made Significant Progress’
New initiatives in the credit card industry have made consumers more responsible when borrowing money, according to a new report.
Motley Fool: Cheap Credit, But Not For Much Longer
I’m loathe to call personal loans cheap. Primark is cheap. Lidl is cheap. Budgies cheap. But loans cost real money. Still, when it comes to borrowing these days, the best personal loans and credit cards are about as cheap as they can get. The problem is that this can’t last.
Motley Fool: Lessons From Interest Rate Hikes
It is looking increasingly likely that the Bank of England may increase interest rates next month. The Monetary Policy Committee will meet again in early November to decide whether the British economy is strong enough to sustain another base rate hike.
Motley Fool: Max Out Your Savings!
Although interest rates remained at 4.75% this month, a lot of people believe that the Bank of England will raise them to 5% in the next few months. And although this isn’t great news for those with a variable mortgage, it does mean that savers can start earning a decent rate on their cash.
MoneyExpert: “Limited Offer” Tracker Mortgage From UCB
UCB Home Loans has launched a “limited offer” three-year self-certification tracker mortgage, which it says offers the “most competitive” rates on the current market.
Motley Fool: Why Shares Have Risen
The FTSE 100 index rose to a five-and-a-half year high of 6,172 points last week. But it was only five months ago when some pundits were warning that shares may slump.