Uncharted waters

June 2009
Money Marketing;6/25/2009, p47
An interview with Email Mortgages chief executive officer (CEO) Michael White, Moneysupermarket mortgage head Louise Cuming and First Action Finance head of communications Jonathan Cornell is presented. When asked about the effect of the withdrawal of the IF, Bank of Scotland and Astra from intermediated distribution for mortgage broking, Cornell says that although the withdrawal of lenders is not a good sign, cuts are inevitable. Rising mortgage rates and negative equity are also discussed.


Related Articles

  • Rates Rise, But Below 5%.  // National Mortgage News;4/4/2011, Vol. 35 Issue 27, p5 

    The article reports on the increase of several mortgage rates during the week ending March 31, 2011 including the 30-year fixed-rate mortgage (FRM) by 4.86% with an average of 0.7 of a point, the 15-year FRMs by 4.09% with an average of 0.7 of a point and the five-year Treasury-indexed hybrid...

  • Lenders do not like fixed interest rates. OTTE, JOHN // Kansas Farmer (0022-8583);Sep2013, Vol. 151 Issue 9, p121 

    The article offers information regarding the lower initial rate on a variable-interest-rate mortgage than a fixed-rate loan for similar number of years. INSET: Higher rates probably ahead.

  • Mortgage rates have room to contract. Steele, Andrew // Contractor Magazine;Apr96, Vol. 43 Issue 4, p1 

    Reports that there was a decline in fixed rate mortgages in 1995. Statistics showing when the mortgage rates peaked and when they fell; How the United States federal government's decision to lower interest rates is expected to affect fixed rate mortgages; Forecasts of the performance of fixed...

  • Supply pressure causing a bear steepener. K. S. // Asset Securitization Report;10/24/2005, Vol. 5 Issue 40, p15 

    Reports on the growth in the supply of mortgage product in the United States in 2005. Factor contributing to the shift to 30-year fixed-rate loans; Changes in mortgage rates.

  • US mortgage rates hit record lows. Brennan, Henry // Mortgage Strategy (Online Edition);9/20/2012, p1 

    The article reports that the average 30-year fixed rate mortgage in the U.S. dropped off to a record low of 3.49 percent in September 2012 as the 15-year rate hit a new record low.

  • Investec cuts rates by up to 0.4% and launches 5 year fix range. Thickett, Robert // Mortgage Strategy (Online Edition);8/16/2013, p12 

    The article reports on the decision of Investec Professional Mortgages to cut rates by up to 0.4 per cent and launch a range of five-year fixed rate products as of August 2013.

  • THIS WEEK. Sandeman, David; Wriglesworth, John // Mortgage Strategy;3/10/2008, p48 

    Several charts are presented offering information on the pay rate offered by several British lenders for various mortgage loan products including fixed rate mortgages, tracker rate mortgages and buy-to-let mortgages.

  • Surprise U.K. rate rise won't impact RMBS deals, yet. N.C. // Asset Securitization Report;8/14/2006, Vol. 6 Issue 32, p18 

    The Bank of England has unveiled a surprise 25 basis point rate rise. The market can draw comfort from the high level of fixed-rate mortgage debt. Morgan Stanley analysts have seen a significant drop in the relative price of new fixed-rate mortgage deals versus variable-rate deals. The analysts...

  • Woolwich in 10-year fix at 5.29%. Powley, Tanya // Money Marketing;3/27/2008, p12 

    The article reports on the offering of a 10-year fixed-rate mortgage at 5.29% up to 60% loan by the Woolwich PLC in Great Britain. It states that the loan has a £995 fee and a 6% early repayment charge in the fixed period. Moreover, it is noted that the loan would help boost the availability...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics