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Mr.Mortgage

Understanding mortgages since 1995

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Mr.Mortgage | mistermortgage.blogspot.com Reviews
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Mr.Mortgage | mistermortgage.blogspot.com Reviews

https://mistermortgage.blogspot.com

Understanding mortgages since 1995

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1

Mr.Mortgage: Long term pain, or long term gain?

http://mistermortgage.blogspot.com/2009/04/long-term-pain-or-long-term-gain.html

Understanding mortgages since 1995. Tuesday, 14 April 2009. Long term pain, or long term gain? As the Daily Telegraph correctly predicted. Last week, the Bank of England Monetary Policy committee last week voted to hold the Base rate at 0.5%. There is a problem, however, with this thinking. Bank of England base rate which means for the next few months he can expect to pay nothing on a fairly sizeable mortgage. Were those products to be available today, it would be a pretty easy sell to talk someone into ...

2

Mr.Mortgage: Green shoots....or not?

http://mistermortgage.blogspot.com/2009/06/green-shootsor-not.html

Understanding mortgages since 1995. Sunday, 14 June 2009. Green shoots.or not? Amongst all the anecdotal evidence that green shoots are starting to reappear in the property market, continued statistics seem to suggest otherwise. A further problem is that borrowers are also finding it extremely difficult to be agreed on these 90% deals. Lenders are only interested in A1 clients who have impeccable credit ratings and who fit a lender's criteria perfectly. Subscribe to: Post Comments (Atom). Financial Times...

3

Mr.Mortgage: No value at high loan-to-value

http://mistermortgage.blogspot.com/2009/04/no-value-at-high-loan-to-value.html

Understanding mortgages since 1995. Friday, 3 April 2009. No value at high loan-to-value. Reports today that HSBC has become the second lender in recent days to relax its "loan to value" (LTV) limits. Making its leading tracker product available to 75% rather than 60% "loan to value". Whilst these small movements will help borrowers with 25% deposit/equity the problems for clients looking for high LTVs endure. The options available to him are, frankly, awful. His existing lender ( Halifax. Anyone looking...

4

Mr.Mortgage: All mouth and no trousers

http://mistermortgage.blogspot.com/2009/05/all-mouth-and-no-trousers.html

Understanding mortgages since 1995. Friday, 1 May 2009. All mouth and no trousers. Some more embarrasing news. For the Government today with the news that their much heralded "Mortgage Rescue Scheme" has so far helped the sum total of.one household. Setting aside £200million, the aim of the scheme was to help homeowners with payment difficulties sell part or all of their property to a registered social landlord to avoid being repossessed. Subscribe to: Post Comments (Atom). View my complete profile.

5

Mr.Mortgage: Negative Equity. We're not all going to die.....

http://mistermortgage.blogspot.com/2009/04/negative-equity-were-not-all-going-to.html

Understanding mortgages since 1995. Friday, 17 April 2009. Negative Equity. We're not all going to die. It is a term that is bandied about by the national press in much the same scaremongering manner as " internet. Paedophiles" or " carcenogenic. Negative equity has returned to the UK - a report from the CML. Today estimated that at least 900,000 homeowners had some degree of negative equity. But is it really as horrifying as the press make it out to be? Borrowers in negative equity. Television or washin...

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Understanding mortgages since 1995. Sunday, 21 June 2009. Rates up, lending down. A familiar tale. This week has seen a big rise in the cost of medium to long term fixed rate mortgages (as reported by various sites including the BBC. Driven by a leap in the cost of interbank lending, Moneyfacts reports that the average two year fixed rate deal has risen by 0.16% and the average five year fixed deal by 0.21%. Sunday, 14 June 2009. Green shoots.or not? Research from the price comparison website Moneyfacts ...

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