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Mortgage Rate and Base Rate News

Mortgage Rate and Base Rate News

There is a lot of information about mortgage rate and rate rate news appearing recently, it is important to be up to date with this.

Two buisness lobby groups have praised the decision to keep interest rates on hold at 0.5 per cent for a further month. The Bank of England's Monetary Policy Committee  (MPC) voted to keep the base rate at its historic low…
Friday, 06 May 2011 13:23

Home loans could be getting cheaper

Yesterday was a day when there was some good news for home owners. Nationwide, the UK's biggest building society cut rates by up to one per cent on some of its 90 and 95 per cent loan to value deals.…
Thursday, 05 May 2011 12:32

Base rate remains the same

The base rate has been held at 0.5 per cent by the Bank of England's Monetary Policy Committee. A rate rise had been predicted for May but following positive news with regards to growth figures, there was a revison of…
Tuesday, 03 May 2011 12:07

Mortgage rate threat is reduced

Homeowners who have had it hard the last few years will be pleased to learn that there may be a reprieve on interest rates this month. The Governor of the Bank of England has warned that rate hikes would worsen…
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