TITLE

market watch

AUTHOR(S)
Cornell, Jonathan
PUB. DATE
August 2009
SOURCE
Mortgage Strategy;8/10/2009, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the author's analysis on the mortgage market in 2009 in Great Britain. The author believes that if interest rate swaps continue to increase, lending will not take too long to increase rates. He mentions lender Tiuta PLC which increases its loan-to-value (LTV) to 75% for loans that are based on open market valuation. He also cites Nationwide Building Society which decreases some of its fixed and tracker rates and emergence of the change in non-refundable booking fee.
ACCESSION #
43927546

 

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