Mortgage borrowers get in a...

April 15, 2011

Despite advice not to fix mortgage rates, borrowers are flocking to lock their rates in a race to beat interest rate rises. In February, 57% of all mortgages advanced were at a fixed rate, up from 52%...

Lenders rake in cash as borr...

April 13, 2011

Banks and building societies are making a fortune out of a rush to take out fixedrate mortgages as homeowners panic about interest rate increases. With uncertainty surrounding the timing of future int...

Mortgage rates will hit 2% i...

April 11, 2011

Hard-pressed families struggling to keep up with bills could face mortgage rates soaring to 2% within a year. The forecast comes from Bank of England monetary policy committee hardliner Andrew Sentanc...

Brits pay off mortgages at f...

April 06, 2011

New Bank of England figures have revealed that homeowners in the UK repaid their mortgage loansin the last quarter of 2010 at the fastest rate since records began. £7 billion of mortgage debt wa...