Tag Archives: mortgage deals

The Return Of The Reverse Mortgage

As long as Democrats are in power, there will be fewer financial instruments available as stringent government regulation reduces the financial incentive for banks to offer things. Banks got so much bad press with stories about needy seniors losing their … Continue reading

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Mortgage Options Narrow In Britain

From the BBC: The number of mortgages available to buyers with a 5% deposit is shrinking fast, as lending is cut because of the credit crunch and falling house prices. There are only 60 such deals currently available from lenders, … Continue reading

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The Death Of The UK Mortgage Broker

From the Independent: During the seemingly endless golden era of cheap mortgage rates and aggressive competition among lenders, going to a broker was seen as the most reliable route to hunting down the best deal in a crowded market. Between … Continue reading

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Where’s My Mortgage, Mate?

From the BBC: The credit crunch has led Britain‘s banks and building societies to charge higher interest rates on the money they lend out and to withdraw thousands of mortgage deals, leaving increasing numbers in a desperate situation. Disappearing deals … Continue reading

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Avoiding Mortgage Fees

From fool.co.uk: Especially because, with the credit crunch hitting mortgage lenders hard, rates are going up. For all these reasons, fee-free mortgage deals seem very attractive right now. Are you better off going for a deal with a high fee … Continue reading

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Behind the Housing Market Scare Stories

From the Independent of London: The stream of bad news coming out of the housing market has grown into a torrent in recent weeks, with stories of falling house prices, withdrawn mortgage rates and warnings about payment shocks. Halifax, the … Continue reading

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Lenders Give Mortgage Brokers The Cold Shoulder

From the UK: UK’s biggest Lenders are now denying homeowners who approach them through mortgage brokers access to the best deals, insisting that they come to them directly. The decision by banks to deprive brokers of their best rates has … Continue reading

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Mortgage Rates Dropping In UK

From the Independent: Some stability seems to have returned to the mortgage market, with several high-profile lenders even moving to cut rates. Nationwide and Abbey, have both reduced their prices recently, with Nationwide’s 0.3 per cent cut on a range … Continue reading

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Refinance & Mortgage Brokers

From the Times of London: Millions of homeowners who use mortgage brokers are being denied access to the best deals, after a decision by some of the UK‘s biggest lenders to offer their top rates only to customers who approach … Continue reading

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UK Mortgage Rates To Rise

From the Times of London: Some of Britain‘s biggest lenders, including Abbey and Nationwide, trimmed rates last week. The inflation report sent rates in the wholesale markets soaring, suggesting rates on offer to homeowners would also head up, at least … Continue reading

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