While the Undersecretary of the Treasury in the US still feels that the housing market is the number one risk factor for the economy, he cited the fact that increasing numbers of remortgages may stave off disaster. Hundreds of thousands of homeowners have been approved for remortgages through the Hope Now plan, but unfortunately, there […]
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Remortgage Rates May Go Up
Posted on April 23rd, 2008 by Bright Light
Despite the new bailout from the Bank of England, banks are sounding the alarm that interest rates on remortgages and other loans may be going up. Although the government has consistently called on banks to lower rates and offer more remortgage loans, few have followed suit. The problem appears to be getting worse as those […]
Remortgage Demand Skyrockets
Posted on April 16th, 2008 by Bright Light
A company that specializes in selling remortgage leads to bankers and brokers is reporting that they have seen a tremendous boost of those seeking a new remortgage deal. According to this company, the numbers are up by nearly 53% which represents quite a jump. Even though there are definitely more people seeking a remortgage, the […]
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