Strict tests will ensure that only homeowners who can really afford such schemes can take out equity, which have been a popular way for many to raise extra funds.
8th december 2011 The White Rose Credit union is providing interest-free home loans for vulnerable people around the district. The loans pay for essential repairs and disabled adaptations.
Professional landlords are showing signs of confidence by taking equity out of unmortgaged properties they own to expand and gear up investment potfolios.
Rates on fixed-rate mortgages dropped this week, according to Freddie Mac’s weekly survey of conforming mortgage rates. It’s the ninth week in a row that fixed-rate mortgages have met or set a record low, according to Freddie Mac’s deputy chief economist.
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Mortgages: Fixed-rate mortgages break record low: Freddie Mac
