The mortgage IR has been known to rise and fall, and when it’s at an all time low, it could be time to buy a new property or refinance an existing loan. But how does one know which finance company will be offering you the best mortgage rate? The options are plenty and each will guarantee to give you the best deal possible. However, by arming yourself with some basic facts, you’ll find the best mortgage rate for your loan.

Foreclosure is a more and more common occurence in the U.S. In order to survive in the cut throat world of property ownership, it pays to shop smart for your mortgage loan. If you are in the market to buy a home, you don’t want to lose it to foreclosure. Property presents a valuable long term investment and in this article we’ll see how to keep that investment.

First time buyers are facing the toughest market conditions in 30 years, according to statistics from the Council of Mortgage Lenders. Not since records began in 1978 have such low numbers of first time buyers successfully got onto the housing ladder. Whilst house purchasing has hit a record low in August – with figures at [...]

Figures released from the Bank of England show that Britain’s homeowners have reversed their habit of releasing equity from their homes. Since last year, the numbers of successful homeowner loan applications has fallen dramatically. Much of this is due to the uncertain housing market conditions, as lenders exercise greater caution. However, many homeowners have decided [...]

If you’re looking for the best loan rate today, don’t be so sure that the old dictat of “borrow more, pay less [interest]” will hold up. Many lenders have turned the tables and made middle ground their favourite sum. Yes, that’s right. If you want to borrow £1000 on a personal loan over five years [...]

In a speech which could shock many families and homeowners, one specialist mortgage company has stuck its neck out to urge the Bank of England to put business before individuals. Whilst many homeowners have been feeling the fear of repossession, as missed home loan repayments mount up, Base Commercial Mortgages Ltd insist that it business [...]

The first thing to remember when looking for a property is that it will almost inevitably cost more than you actually think. First of all there is a whole array of other fees which you have to add onto the actual cost of the house which when added together make the house up to 5% [...]

With the current financial climate many people are questioning whether now is the time to be investing in property. After all, homes are being repossessed left right and centre, interest rates keeping rising and more and more home loan products are being removed from the market by lenders. So it’s hardly unsurprising that house prices [...]

Figures out yesterday show that whilst IVAs as a debt solution are as popular in ever, there has been a fall in the number of successful applications. According to the figures released by the Insolvency Service, the number of successful IVA applications has actually fallen, despite high demand from debtors. Terry Balfour of IVA comparison [...]

The global credit crunch that financial institutions are currently suffering is partly a result of the collapse of the sub-prime mortgage sector in the US. This situation has led to massive losses for many financial institutions. Repossessions in the UK could hit as much as 70,000 in the coming year, which will be the highest [...]