interest rate

The Bank of England's Monetary Policy Committee (MPC) has voted to keep rates on hold at 5%.

The Woolwich will cut interest rates on its tracker mortgages, as well as introducing a three-year fixed rate.

The cost of fixed rate mortgage deals has continued to increase despite a fall in swap rates, according to Moneyfacts.co.uk.

The European Central Bank (ECB) has raised interest rates to 4.25% to keep inflation under control.

Half of all homeowners whose fixed rate deals end soon have not started looking for a new mortgage deal, according to Moneysupermarket.com.

LV= has launched a flexible lifetime mortgage product that will allow customers to draw down funds from their property.

Alliance & Leicester will launch a two-year tracker mortgage tomorrow for customers with large deposits.

Mervyn King, governor of the Bank of England, has told MPs he is confident inflation will fall back to its 2% target.

The average price of a two-year fixed rate has broken the 7% barrier as money market rates continue to rise, according to Moneyfacts.co.uk.

The Treasury is facing a £5bn black hole in its finances due to falling property prices, according to the Liberal Democrats.