Mortgages & me
Bringing both explanation and humour (yes, it is possible) to an often perceived realm of boredom
Mortgages. Let’s not kid ourselves here. If you had the choice of having one or not then there would be no choice. However, the vast majority of us, Russian billionaires excluded, need them to fuel that much loved British tradition – homeownership. So, if we all accept that we need them, you may as well do something positive and get the best one for you. It is staggering how many people make sure they get value for money from every day items but do not manage their home loan properly - the savings far outweigh the difference between the best baked beans and the value ones.
So, this blog will attempt to look at the world of mortgages and the housing market and try to bring both explanation and humour (yes, it is possible), and spark some comment, to an oft perceived realm of boredom. Here goes…
Drew Wotherspoon
Posted on 7 November 2008 by
Trackers disappear from the market
Posted on 6 November 2008 by
The Bank of England has cut interest rates by 1.5% to 3% today in a largely unexpected move. Commentators were expecting a cut, with most money on a half a per cent cut, so the news is fantastic for those who have a tracker...
Posted on 4 November 2008 by
Skipton and Scarborough have announced that they are to merge. Scarborough says it sought shelter with Skipton after the market downturn impacted on its profits and weakened its capital position. David Cutter will become chief...
Posted on 29 October 2008 by
Growing expectations of a rate cut by the Fed saw the markets have a better day yesterday. The UK, along with other European shares, have risen sharply in early trading, fueled by growing expectations of imminent rates cuts...
Posted on 27 October 2008 by
The Markets suffer yet again, particularly the Far East :-Nikkei (-6.4%) lowest level for 26 years South Korea - Kospi (+0.8) following rate cut of 75bpsHang Seng (-12.7%) biggest single day fall since...
Category: House Prices, Interest rates, Mortgage Lenders, Mortgages
The blog postings on this site soley reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Drew Wotherspoon will accept liability for them.
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