Cheaper fixed-rate mortgages by Finance News Bulletin

Published: 25/05/07

Prices on fixed-rate mortgages are start to come down, following six months of price increases The account comes via the financial comparison website Moneyfactscouk, and indicates that cheaper fixed-rate mortgages (which under enemy control the market last year) may be coming back into fashion

A mortgage analyst for Moneyfacts, Denise Blake, allegedly commented: "next the shock base rate rise in January, fixed-rate mortgages flew off the shelves as consumers hurried to get their hands on existing fixed-rate deals before they were pulled But with base rate residual unchanged now for the last two months, some level of constancy has returned"According to Moneyfacts, around eight lenders have cut their fixed-rate mortgages over the last ten days Blake continued: "With many people balancing their money on a knife rim, the fear of any further increases to their mortgage payments is driving many towards fixed-rate mortgage deals

These new lower rates are therefore great information for anyone who is keen to fix their mortgage but has yet to do so, and especially for those coming off a potentially very low set rate and looking for a novel deal"Landlords with buy to let mortgages in for the long haul, mortgage learn indicates - Tue, 13 Mar 2007nowadays's Most Popular Results Mortgage Enquiry Form Need Life Insurance ------ Mortgages - Information Mortgages - house ------ Financial Services - HomeBanking organization calls for inheritance tax revisions, mortgage holders told - Mon, 19 Mar 2007None of the information on this website is intended to promote any exact mortgage product or provide mortgage recommendation Mortgages

couk is a non-regulated trading name of Financial Services Net Ltd[Terms & Conditions]more sites:car cover home

Visit original article: