Posted on June 26th, 2008 by Bright Light
Those seeking a new home loan may want to wait a few months until the market comes back to normal according to experts. Right now, it is very difficult to get decent terms on a home loan and consumers that don’t wait will be forced to pay higher rates and risk getting turned down. Banks […]
Posted on June 19th, 2008 by Bright Light
First time home buyers are finding that it is increasingly difficult to get home loans a banks raise the rates and make the application process tougher. Home loans for first time buyers are generally seen as more risky and many banks simply do not want to put themselves at any more risk at this time. […]
Posted on June 13th, 2008 by Bright Light
Although individual banks are charging premium rates, the home loan base rate appears to remain unchanged at least for the time being. This is benefiting consumers to some extent, but only slightly. Most banks throughout the UK are now raising their home loan rates. In fact, two of the largest UK banks announced just this […]