Lower fixed rate mortgages making a comeback [26.01.08]
According to a recent report a number of lenders are now starting to introduce lower rate fixed rate mortgages with interest rates of under or around 5%. Finding cheap fixed rate deals has been increasingly difficult since the summer of 2006, when interest rates began to rise.
Risk of recession still low [23.01.08]
According to a recent report the risk of a recession hitting the UK is still low, despite the expectation of a sharp downturn in the economy over the course of 2008.
Lenders have positive outlook for 2008 [02.01.08]
Despite the chaos that the credit crunch has already caused in the UK and other parts of the world the Intermediary Mortgage Lenders Association has stated that the result of a survey show that its members are remaining positive with regards to the outlook for the forthcoming year.