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January Housing Loan Approvals Drop by 17pc

The number of loans approved for people remortgaging continued to fall during January to 23,611, as low interest rates meant home owners had little incentive to switch to a better deal.

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Home Buyers Should Refinance Soon as Mortgage Rates Higher in 2010

Forecast says low mortgage rates may end. Mortgage rate could hit 6.1 percent in 2010. Higher mortgage rate means higher payment, so home buyers should make performance quickly before the predict come into truth.

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Fixed Interest Rate Home Loans, No More Ongoing Fees

If you choose to fix your interest rate protecting from rising interest rates, Just enjoy the security of a fixed interest rate home loan. It will not change during the fixed rate period whatever happens in the financial markets, and your repayments will remain the same.

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