Be Quick For A Good Mortgage Rate
The Bank of England might not have put up the base rate for almost 2 years, but the lenders are not following this pattern and are putting up interest rates. Depending on whether you are looking at a five year fixed deal or a two year deal, the average rates have gone up since December [...]
Interest Rates Held Again
The Bank of England has held interest rates at 0.5% again, extending the record breaking run to 22 months on the same base rates. This sounds excellent news for borrowers, but is it? Banks have been pulling the best rates for a few months now anticipating that the base rate will rise, which it is [...]
Might we see a spring rate rise?
Economic data from the building industry has surprise watchers by showing a stronger performance than expected in December, showing that the economy is growing, rather than ailing as was thought. On the back of this the Pound is up against both the Dollar and the Euro, showing that the money markets are expecting a rise [...]