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Mortgage Articles

1: Mortgage Rates Hit All Time Lows
The 30 year mortgage rate hit its all time low this week falling from 4.80 to 4.78. This matches the previous all time low that was reached just a few weeks ago on April 2, 2009. For the last month

2: Mortgage Rates Teeter Just Above All Time Lows
Mortgage rates moved down slightly this week. Even though rates didn't move much this week we are still sitting just a hair above all time lows thanks to the drop from last week. This week the 30 ye

3: Change in the air for mortgage brokers?
Another fortnight into 2009 and there is a whiff of change in the air. However, for every good news item there is still a sad story of a business failing and more "For sale/let" signboards on the High

4: Are Offset Mortgages really worthwhile?
This question should be answered in the same way as most other questions about financial services products. When you understand what lies behind the label and realise what the product offers (i.e. jus

5: Mortgage Rates Fall: The 15 Year Mortgage Rate Hits All Time Low
Mortgage rates dropped this week from 4.87 to 4.82. They did not drop below the all time low of 4.78 that they hit two weeks ago. For the last month, for the most part, we have not seen a lot of mov

6: Mortgage Rates Rise After Hitting All Time Lows
Last week mortgage rates hit all time lows with the 30 year mortgage rate reaching 4.78. This week the 30 year rates moved up a little to 4.87. While this is a decent one week rise we are looking at

7: Renting v Buying - the Case for Each in Today's Economy
To buy or not to buy? That’s the question being asked in rented homes up and down the country. Conventional wisdom says it’s better to be a homeowner than a home renter, because your month

8: Mortgage Rates Hit New All Time Lows
Mortgage Rates were already at all time lows last week. This week they fell further. The 30 year rate fell from 4.85 to 4.78. The 15 year rate fell as well going from 4.58 to 4.52. The difference

9: Rate Cuts Left you Better Off? 4 Things to do with Your Mortgage Savings
1. Mortgage overpayments Overpaying your mortgage each month will clear the debt quicker and potentially knocking years off your mortgage term. For example, a borrower with a £150,000 tracker

10: The Types of mortgage
Fixed rate mortgage As the name suggests, these offer the stability and reassurance of a fixed rate of interest, generally for the first two to five years of the mortgage term. A fixed rate should he


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