Mortgages & me
Bringing both explanation and humour (yes, it is possible) to an often perceived realm of boredom
Mortgages. Let’s not kid ourselves here. If you had the choice of having one or not then there would be no choice. However, the vast majority of us, Russian billionaires excluded, need them to fuel that much loved British tradition – homeownership. So, if we all accept that we need them, you may as well do something positive and get the best one for you. It is staggering how many people make sure they get value for money from every day items but do not manage their home loan properly - the savings far outweigh the difference between the best baked beans and the value ones.
So, this blog will attempt to look at the world of mortgages and the housing market and try to bring both explanation and humour (yes, it is possible), and spark some comment, to an oft perceived realm of boredom. Here goes…
Drew Wotherspoon
Posted on 19 August 2009 by
Rates• Bank Of England rate - 0.5% - kept on hold (next decision 10th September) • ECB rate kept on hold at 1% - (next decision 3rd September) Minutes of the MPC...
Posted on 9 July 2009 by
The MPC’s decision today to leave Bank Rate unchanged for another month was really the only possible conclusion and the committee probably spent more time discussing the Quantitative Easing (QE) programme than whether to change...
Posted on 6 July 2009 by
Regular readers of the money press will be aware that the recent hot topic has been whether to fix or not. Up until now the overwhelming evidence has pointed towards fixing being the right thing to do. However, the...
Posted on 30 June 2009 by
According to the latest survey from the Nationwide, UK house prices rose by 0.9% in June, the third rise in the past four months, and shrank the annual rate of decline to just 9.3%, from 11.3% in May. The increase in prices...
Posted on 17 June 2009 by
Latest John Charcol Monthly Mortgage Index shows purchases now represent over half of all new mortgage applications
The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Drew Wotherspoon will accept liability for them.
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