Even though government officials are encouraging banks to offer long term fixed mortgages, few are stepping up to the plate. Right now, it is much more common to find a five year fixed rate mortgage that switches to a variable rate at the end of that term than it is to find a ten or […]
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Fixed Mortgage Rates Getting Lowered by Nationwide
Posted on May 24th, 2008 by Bright Light
Nationwide, one of the UK’s largest lenders, recently announced that they are planning on reducing interest rates, much to the delight of consumers who are seeking a fixed mortgage. As many banks continue to keep their rates high in the hopes of offsetting their housing market losses, the more affordable fixed mortgages that Nationwide is […]
Nationwide Drops Rates on Fixed Mortgages
Posted on May 15th, 2008 by Bright Light
Those seeking a new fixed mortgage will be happy to note that Nationwide, one of the UK’s largest lenders, announced this week that they will be dropping rates. They are one of the few banks that are offering affordable fixed rate mortgages right now, since many banks are preferring to keep rates high in an […]
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