interest rate

Woolwich has today cut several of its fixed rate mortgages in response to falling wholesale rates.

December's cut in interest rates has had no effect on fixed-rate mortgage deals, with the average fixed-rate actually rising by 0.01%, according to Moneysupermarket.com.

Scottish Widows Bank has launched a new long-term fixed rate mortgage available to professionals, graduates and key workers, as well as mainstream customers.

The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates steady at 5.5%.

The Mortgage Advice Bureau has accused the banking industry of flying in the face of treating customers failry (TCF) regulations over its handling of the latest drop in interest rates.

Affordability in the mortgage market is improving but it remains highly resilient to tightening credit conditions, according to the Council of Mortgage Lenders (CML).

Defaults on mortgage payments are expected to increase over the next three months, the Bank of England warns today.

Almost 30,000 people will probably become insolvent in the first quarter of the year, according to Grant Thornton.

The Bank of England's Monetary Policy Committee (MPC) made a unanimous decision to cut interest rates at the beginning of December, it was revealed today.

Landlords may be avoiding investing in new properties because of the credit crunch, according to research by Hamptons International Mortgages.