Bank of England Rate stays steady
Posted by: Owen on Saturday, 8th Mar, 2008
Looks like the Bank of England has kept interest rates steady at 5.25%. There was a drop only recently so I wasn’t expecting them to drop any further, but like anyone with a mortgage, I would have minded too much if they had gone down a bit more.
Speaking about mortgages, I did have an interesting [...]
Mortgage Comparison
Posted by: Owen on Thursday, 7th Feb, 2008
It seems that there are more and more comparison sites springing up on the Net. It’s a great medium for that sort of business, as one can now automate comparison across different services as more and more companies push their offerings online and provide APIs to them. I came across Money Magic today while looking [...]
Lenders edgy about fixed mortgages
Posted by: Owen on Friday, 27th Apr, 2007
I read an article recently that lenders are considering no longer offering fixed-rate mortgages due to a fear that the Bank of England interest rate would rise. Some people may see this as a bad marketing move by lenders, as they’re creating a void where new competitors will try and eat into their client base, [...]
