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How High Can Mortgage Rates Go?

By Mr. Propwise Home buyers with loans pegged to the Singapore Interbank Offered Rate (SIBOR) have recently had some unpleasant experiences with their ballooning mortgage repayments. First, we saw the three-month SIBOR rise above 1 per cent for the first time in six years. This means all loans pegged to it will start to re-price

Mortgage approvals rise as rates continue to fall

The receding likelihood of a base rate rise in 2015 has a sparked a price war between banks and building societies The number of mortgages take out for house purchases and remortgages increased in February, figures from the Bank of England showed, as rates continued to fall and lenders got to grips with affordability rules. Related: Ignore the ‘experts’ and split your mortgage two ways Early …

UK mortgage approvals rise to six-month high in February

British mortgage approvals hit a six-month high in February, rising for a third straight month and suggesting the housing market could start to regain momentum, Bank of England data showed on Monday. Mortgage approvals for house purchases numbered 61,760 in February, up from 60,707 in January. Analysts in a Reuters poll had forecast 61,500 mortgage approvals were made in February. The number of …

Rochelle Boone's Mortgage Mapp

Rochelle Boone's Mortgage Mapp is a complete toolkit of everything you need to know about your next mortgage. Complete with a full-featured…

Shannon K. Bolton's Mortgage

Shannon K. Bolton's Mortgage Mapp is a complete toolkit of everything you need to know about your next mortgage. Complete with a full-featured…