Consumers are seeking new low rate mortgages in record numbers as they worry about their homes going into foreclosure. Millions are set to switch over to high variable rate this year and many are trying as hard as they can to secure a new low rate mortgage. However, for those with bad credit, this may […]
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Low Rate Mortgages Disappearing
Posted on May 24th, 2008 by Bright Light
The fixed rate deals in the UK are at their highest level in a decent amount of time. Unfortunately, the low rate mortgages are disappearing, and there aren’t any signs of an immediate end.Even the smallest loans are being hit big, with rising interest rates and rising monthly payments. The low rate mortgages are becoming […]
HSBC To Extend Low Rate Mortgages
Posted on May 15th, 2008 by Bright Light
HSBC managed to rock the UK mortgage industry when they announced a few weeks ago that they would be offering new low rate mortgages for those seeking a refinancing at their old rates. Competitors yelled foul but consumers rushed in to get their hands on a low rate mortgage. With most banks in the UK […]
Low Rate Mortgage Changes Hurting Homeowners
Posted on May 8th, 2008 by Bright Light
Although the housing market in Utah has remained quite solid given the rest of the nation, a new problem is emerging among those who had initial low rate mortgages that will be transferring over to an adjustable rate. According to a recent report, numerous homeowners are now at risk for losing their homes and are […]
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