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 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
Posted on 16 October 2008 by
Another bad day for the markets yesterday, with the Dow finishing 733 down, the Nikkei 1,089 and most other indices were in negative territory. It is also not looking promising today as the FTSE slips below 4,000 in early...
Category: Interest rates, Mortgage Lenders, Mortgages
Posted on 8 October 2008 by
This will be short and sweet. Rates have just been cut by 0.5% and lenders are highly likely to react by increasing the margins on their products.
There's a simple message - if you need a mortgage ACT NOW! (sorry...
Posted on 6 October 2008 by
A week is currently a very long time in mortgage world. Yesterday’s best deal is tomorrow’s fish and chip paper and it looks as if we are in for more of the same in the coming weeks. Odds are now moving in favour of a...
Posted on 2 October 2008 by
News that Tesco are to continue their attempts for world domination with an expansion into mortgages reaches Charcol Towers with some interest. At a time when far too many lenders are either disappearing or considering...
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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