Ray Boulger's Blog

Ray Boulger

Ray Boulger is widely renowned as the guru of the mortgage industry and expert on the housing market.  Ray is constantly called upon by the media to provide informed comment on all areas of the market, and is a regular on the BBC, Sky and ITV.

Last year, Ray was voted guru of the year at the Headlinemoney awards by all of the nation’s money and property journalists. As such, we thought it was high time that you had direct access to him. Ray’s blog will be updated most days so the knowledge just keeps on coming.


Posted on 9 December 2008 by Ray Boulger

Bloomberg is reporting that yesterday the US Treasury sold $27bn of 3 month Treasury Bills at a discount rate of 0.005%, the lowest since the first auction in 1929, and today sold $30bn of 4 week bills at 0%, again the lowest...

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Category: Interest rates

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Posted on 9 December 2008 by Ray Boulger

It is very rare for a trade body to issue a press release as critical of the government as today’s release from the Council of Mortgage Lenders (CML).

After outlining the various pressures now being placed on lenders by the...

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Category: Bank of England, Interest rates, Mortgages, Regulation

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Posted on 2 December 2008 by Ray Boulger

At today’s CML Conference Vince Cable said: "The industry should now be exploring new products to restore faith in mortgage lending." Such a comment demonstrates a remarkable failure to understand the problem in today’s mortgage...

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Category: Mortgages, Property market

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Posted on 1 December 2008 by Ray Boulger

In a broadcast on French radio Jose Manuel Barroso, the President of the European Commission and former prime minister of Portugal, said that some British politicians had recently said to him, “If we had the euro, we would have...

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Category: Bank of England, Miscellaneous, Property market

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Posted on 28 November 2008 by Ray Boulger

Nationwide have today announced that from 1 December they will no longer allow any new borrowing by either existing or new customers on their Standard Variable Rate, which they call Base Mortgage Rate (BMR). The only situation in...

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Category: House and home, Interest rates, Mortgages, Regulation

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