Mortgage rates lowest for 23 years....

Interest rates on new mortgage deals have fallen to their lowest level since 1988, according to the financial information service Moneyfacts. It says this is due to lenders finding it cheaper to raise funds in the financial markets. This has been due to the realisation that the...


Which accuses lenders of 'rip off'...

The consumer group Which? has accused banks and building societies of putting the squeeze on homeowners who have standard variable rate mortgages. Which? warns that thousands will be pushed into financial difficulty when interest rates go up. More than 40% of mortgage borrowers...