Mortgage News Archive History

Mortgage News

What to be aware of following the interest rate cut
The Bank of England's Monetary Policy Committee (MPC) is usually seen as a quite predictable as it increases or reduces interest rates by a small amount incrementally, generally a quarter of a point either way. But recently ...

Tue 11th Nov, 2008
Government presses lenders to follow rate cut
The government recently met lenders to press them to pass on the cut in interest rates made yesterday. The Bank of England reduced its rates by one and a half percentage points, from 4.5% to 3%. The Libor rate at which banks ...

Fri 7th Nov, 2008
The Bank of England announces a 1.5% rate cut
The Bank of England has made an unexpected move by cutting interest rates by 1.5 percentage points to 3%, the lowest rate since 1955. The Bank of England has made an unexpected move by cutting interest rates by 1.5 percentage ...

Thu 6th Nov, 2008
House prices fell another 2.2% last month
Halifax has announced that house prices fell by another 2.2% in October, increasing the drop to 13.7% over the past year. Halifax has announced that house prices fell by another 2.2% in October, increasing the drop to ...

Thu 6th Nov, 2008
Mortgage rates may not reflect new base rate cut
It has been suggested that it may be some time before those with mortgages see a reduction in their repayments. It has been suggested that it may be some time before those with mortgages see a reduction in their repayments. A ...

Tue 4th Nov, 2008