According to data from financial information service Moneyfacts, there are now 2,003 mortgage loans to choose from, the most on the market since 2008. The price war between mortgage lenders could cut down the cost of mortgages . In the past few days, HSBC, First Direct, and other building societies have cut the cost of their home loans .
The Council of Mortgage Lenders reported that the home loans hit a ten-year low during January, so the price-war may reinvigorate some action in the mortgage market . New mortgage products have included fixed-rate mortgages and tracker mortgages, although the best deals remain reserved for borrowers with a higher level of equity in their homes.
The fate of the housing market during 2010 remains to be seen, with some experts forecasting a further dip in house prices again later this year.
Mortgage price war could drive down cost
Mortgage Quote Line
Financial Services > Mortgages > Mortgages News
Mortgage price war could drive down cost
Wed, 24 Feb 2010
Recommended links
Mortgage calculatorMortgage rates and offers
Switching your mortgage
Mortgage renewal reminder service
Mortgage arrears help
Repossession advice
Mortgage brokers directory
Cheap fixed rate mortgages
Compare tracker morgage rates
Interest only mortgages
Equity release mortgages
Standard variable rate mortgages
International mortgages and quote forms
Offset mortgages
Self build mortgages
Buy to let mortgages best buy deals
Find a mortgage broker
Compare mortgage lenders
Increase of mortgages creates house price rises
House price rises tipped for 2010
House prices climbing for fifth month, good news for mortgage market
Brits believe house prices will rise
House prices may tumble, says mortgage lender
Scottish mortgage market sees house price rise
First year on year house price increase seen for 19 months
House prices on the up
London house asking prices rise
House price rises an indication of mortgage market stability, says expert
First time buyers see house prices rise
House price fall down to mortgage market
First time buyers see house price rise
First time buyers see house prices rise
First time buyers still find house prices unaffordable, expert says
Scottish house prices fall, but turnaround expected
House price climbs could herald mortgage market recovery
House prices rise, reports Halifax
Third month for house price rises
Slight house price rise good sign for mortgage market
House prices rise, says Nationwide
Experts predict house price increases and mortgage market recovery
House price gloom accompanies mortgage restriction
Asking prices and mortgage deposit requirement up
Prospective mortgage borrowers wait for lower prices
| mortgages news |
|---|
| NLA issues mortgage market warning - Fri, 22 Oct 2010 |
| Tesco submits mortgage proposition to FSA - Fri, 22 Oct 2010 |
| CML announces mortgage lending figures - Thu, 21 Oct 2010 |
| More News |
Mortgage Rates by Lender
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial MortgagesArrears & CCJs?
-
Remortgages -
Sub prime mortgages
-
Arrears, CCJs
-
Self certification
-
Debt consolidation
Protect Your Mortgage