How the Credit Crunch is Affecting Mortgage Lending in 2009
The current economic crisis has had a profound affect on UK property developers and landlords alike. A causal relationship between the two means that whilst prospective landlords are not eager to buy

Mortgage Rates Move Up Slightly
Mortgage Rates moved up slightly this week. The 30 year rate moved up the most going from 5.07 to 5.15. The other three major mortgage products (15 year fixed, 5 year ARM and 1 year ARM) all moved u

Self Employed Mortgage Guide
For anyone making you a loan, their most important criterion is going to be your ability to repay that loan. In the absence of a regular income seemingly “guaranteed” by an employer, the s

After Hitting Historic Lows Mortgage Rates Jump Up
After falling for the last 2 months 30 year mortgage rates jumped up this week. The 30 year mortgage went from 5.10 to 5.25. This is the highest we have seen December 11, 2008. The 15 year mortgage

First Time Buyers Guide
Are you buying your own home for the first time? It’s a serious and ultimately rewarding first step onto the home-ownership ladder. By definition, you’ll only do it once – so it̵

Get financial freedom - sell your house and rent back
In the current finical climate that is both unstable and unpredictable alongside a recession that shows no signs of slowing down, and add to that rising unemployment figures its was only a matter of

Mortgage Rates Back Down to Historical Lows
30 Year Mortgage Rates dropped from 5.15 to 5.03. With the exception of the weeks of January 8th, 2009 and January 15th 2009 this is the lowest rates have been in over 40 years. The other 3 major mo

Should You Refinance or Remodel in Today’s Economic Market?
Refinancing your home is likened to buying your home again but homeowners often choose to do so when the option of a lower interest rate is available. Refinancing can also help you build equity faste

Mortgage Rates still Hold Steady
Mortgage rates held even this week. For a recent history of rates we saw rates reach an all time low of 4.96 on January 15th. After that rates jumped up to 5.25 on February 5th. Since then rates ha

Are Offset Mortgages worthwhile?
This question should be answered in the same way as most other questions about financial services products. When you understand what lies behind the label and realise what the product offers (i.e. jus