Mortgage Rates: Bank of England predicts further fall in rates

Cash ISA interest rates plummet to new low_istockThe Bank of England (BoE) has revealed, that banks and building societies expect mortgage rates to fall even further within the next few months. In the recent credit conditions survey conducted by the Bank, it was revealed that borrowing rates for homeowners have fallen in the first quarter of 2013; the third consecutive quarter rates have dropped....

Housing & Mortgage Round Up: Mortgage rates at lowest level for over two decades

Housing & mortgage round up_istockphotoA week without house price surveys, but we’ve still found plenty to report for those people who need their weekly fixed of housing and mortgage news. This week we look at low mortgage rates, a new entrant to the mortgage market and calls for the government to do more to address the shortfall in affordable housing. Mortgage rates at lowest level for two decades New data from Moneyfacts has shown that mortgage interest rates are ...

SIPPs: Interest rates on SIPP deposit accounts fall, what are your options?

As banks come under increasing pressure to reduce mortgage rates, interest rates on SIPP deposit accounts have fallen steadily over the past couple of weeks. We know many investors only hold Cash in their SIPP, the recent rate cuts could therefore cause significant financial pain especially when existing rates mature and the number of competitive accounts are limited. So, if you are a SIPP cash investor, what can you do to improve the return? 1. Fixed rates Need advice on your SIPP?...