Edinburgh Mortgage Advice in the news

Today, the Times has an article about the latest movements on rates in the mortgage market. Here we are adding our two-penneth

http://www.thetimes.co.uk/tto/life/property/prices-investment/article3831370.ece (£)

In essence what we say is that interest rates are so low that lenders are having to innovate to hit headlines and catch market share and with news today that HSBC have launched a 2 year fix at 1.49% this seems likely to continue. Generally, a NAB originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor.


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