Recently a couple of lenders have announced that they are bringing out a 15 year fixed rate mortgage product. This follows the trends of recent years with a rise in longer term fixed rates becoming available, with 7 year and…
Mortgage Market Changes
As of late we have seen Secure Trust Mortgages and Magellan Home Loans leave the mortgages market. These lenders cite various reasons for their withdrawal from the market including; competition in the market place, reducing interest rates, competition for funding…