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Prime rate falls to 6.70%, making variable rate mortgages more attractive - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
11 months ago

Variable-rate mortgage holders received positive news on Wednesday as major lenders reduced their prime rate following the Bank of Canada's,.. Read More;

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Following Bank of Canada rate cut, Macklem says it's "reasonable" to expect more - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
11 months ago

In addition to announcing the rate cut, the Bank of Canada also released updated economic forecasts, projecting moderately slower GDP,.. Read More;

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Martin Lewis asks new chancellor to help mortgage prisoners Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

Money saving expert Martin Lewis renewed his call for the government to step in and help 200,000 mortgage prisoners who,.. Read More;

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MPowered Mortgages reduces rates across range Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

MPowered Mortgages has cut rates across its mortgage range. From 25 July, rates at 80% LTV across two and three-year,.. Read More;

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Majority of public 'see no impact from FCA consumer rules' Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

The majority of financial services customers have seen no difference in service standards since the FCA’s consumer duty rules came,.. Read More;

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Skipton to cut rates by up to 20bps Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

Skipton Building Society is cutting rates on selected residential deals by up to 20 bps tomorrow. It comes after the lender,.. Read More;

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Average five-year fix 1.22% lower than last year: Rightmove Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

The average five-year fixed mortgage rate is 4.88%, down from 6.08% a year ago, Rightmove’s weekly tracker reveals. The tracker also,.. Read More;

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A quarter of adults have missed a bill in the past year Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

A quarter of Brits have missed one or more payments in the past year, up from less than a fifth,.. Read More;

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New business growth jumps to 15-month high, renews summer rate cut hopes Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

Private sector new business growth jumped to a 15-month high in July, boosting hopes of a summer rate cut, according,.. Read More;

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Pepper Money cuts rates by up to 0.20% Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
11 months ago

Pepper Money has reduced rates by 0.20% on its two- and three-year product range. Within the lender’s 48 light residential range,,.. Read More;

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Santander UK mortgage loans tumble

Mortgage Strategy
Mortgage Advisor
11 months ago

Santander UK reported that its mortgage lending slumped by £4.4bn in the first half of the year, leading the bank’s,.. Read More;

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Freeholders face

Mortgage Strategy
Mortgage Advisor
11 months ago

Freeholders are facing a class action from leaseholders over claims that they have pocketed up to £480m in secret commissions,.. Read More;

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