The average five-year fixed-rate mortgage has risen to more than 6%
'How exactly do you expect me to hold my nerve?': Caller confronts Minister on mortgage rates
Mortgages can be fixed-rate, meaning the borrower has to pay a set amount every month over the course of the two or five years, or they can be on a tracker - meaning the amount usually goes up and down with the Bank of England's base rate. Banks met the Chancellor and agreed there will be a minimum 12 month period before a home is repossessed.
Chancellor Jeremy Hunt hailed the "important" agreements with banks and lenders."There are two groups of people that we are particularly worried about.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Mortgage brokers sound 'death-knell' for 5% two-year fixed rate loans as lenders pull dealsThe number of mortgage deals fixed at under 6% has slumped by almost a third in just a week, exclusive figures for theipaper reveal, leading to fears 5% fixed rate deals will soon no longer be available 🔴 Exclusive from DonnaLFerguson
Lire la suite »
Average mortgage rate rises above 6% for five-year fixed dealsThe average mortgage rate for a five-year fixed deal has risen to 6.01%, according to a financial information company. KayBurley breaks down what we know so far on this story. Read more: 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
Lire la suite »
Traffic lights fail at busy Nottingham roundaboutIt is expected to be fixed by 9.30am on Tuesday, July 4
Lire la suite »
How to get a cheap fixed-rate mortgage before they are all pulled as interest rates riseHow can you make sure you grab one of the cheap(er) fixed-rate deals before they run out? There are some solutions out there for both first-time buyers and remortgagors who want access to the cheapest new deals, as DonnaLFerguson explains ⬇️
Lire la suite »
Mortgage rates: Average five-year fix rises above 6%Homeowners face higher costs as the rates for both two- and five-year fixed deals are now above 6%.
Lire la suite »
Virgin Media customers worry emails gone for goodSome have lost access to their inboxes, and the firm cannot say when it will be fixed.
Lire la suite »