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Experts are warning that not all fixed rate mortgages are safe for consumers and that it is best to research options fully before jumping in. Although fixed rate mortgages are safer over the long term, today’s rates are quite high. Consumers are seeking security in fixed rate mortgages and many are willing to get stuck […]

The CML is pushing for new methods to be used to allow more homeowners the chance to refinance to a fixed rate mortgage. The body announced several plans that they drew up that would assist those seeking a fixed rate mortgage. Also in the news today was the new first time buyer mortgage scheme that […]

Despite having good credit, thousands of home mortgage holders may suddenly find themselves thrown into the subprime category as their loans switch over to variable rates. If home mortgage holders have not put aside extra money to handle higher payments right now, many homes may be going into foreclosure over the next few months. Without […]

As consumers watch the aftermath of the flexible rate mortgage debacle, more are beginning to seek fixed rate mortgages. Although they may be more expensive at first, those with a fixed rate mortgage usually feel more secure that their payments will not go up. As more homeowners face rising payments they are also switching over […]

In order to get a fixed rate mortgage right now, consumers are finding that they will have to pay significant signing fees. The rates for fixed rate mortgages have also gone up, making them now one of the most expensive loans to get. For those that need to get a fixed rate mortgage, this news […]