Current HELOC rates in 2023: HELOC rates vs. mortgage rates

By: ameer@trustedteam.com

Are today’s HELOC rates worth it? Home equity line of credit (HELOC) rates tend to be higher than standard mortgage rates. So why are more homeowners choosing HELOCs over...

Read More

Virgin Money debuts resi and BTL products, cuts rates by up to 93bps

By: ameer@trustedteam.com

Virgin Money has launched several new residential and buy-to-let mortgage products, while cutting rates on other offers. The lender debuts exclusive purchase deals, with £1,000 cashback and free valuation, which...

Read More

House price growth slows to 2% in December: Halifax

By: ameer@trustedteam.com

The average house price rose by just 2% in December, shows new Halifax data. This compares to 4.6% growth in November. And on a monthly basis, house prices fell by 1.5%...

Read More

Virgin Money launches resi and BTL loans, cuts rates by up to 93bps

By: ameer@trustedteam.com

The lender debuts exclusive purchase deals, with £1,000 cashback and free valuation, which cover: An 85% loan-to-value two-year fixed-rate offer, with a £995 fee will be launched at 5.50% ...

Read More

Precise Mortgages reduces rates, launches adverse support measures

By: ameer@trustedteam.com

The lender, part of the OSB Group, says highlights of the new residential range include: Five-year fixed-rate deals starting at 5.49% Two- and three-year fixed-rate loans starting at 5.79% The re-introduction of...

Read More

December Construction activity dips at fastest rate since pandemic: PMI

By: ameer@trustedteam.com

The report notes a similar fall in new orders that was the strongest for over two-and-a-half years. It adds sentiment among firms towards the year ahead dipped into negative territory...

Read More

First week of 2023 sees drop in average rates, Moneyfacts data shows

By: ameer@trustedteam.com

The three-year fix led events, seeing 10 basis points removed from its average rate, taking it to 5.81%. Behind this, the average rate for a five-year fix lost 5 basis...

Read More

House prices slip to 2% growth in December, Halifax says

By: ameer@trustedteam.com

This compares to 4.6% growth in November. And on a monthly basis, house prices fell by 1.5% as the year came to an end. This means that the average UK property...

Read More

Precise Mortgages cuts rates, introduces adverse support

By: ameer@trustedteam.com

Precise Mortgages has cut rates across a range of residential loans and has introduced supporting measures for borrowers with wider adverse requirements, which includes Right to Buy products. The lender,...

Read More

Construction in December falls at fastest rate since pandemic: PMI

By: ameer@trustedteam.com

The UK construction activity fell in December, posting its fastest rate of decline since the early months of the pandemic, data from S&P Global/CIPS UK Construction Purchasing Managers’ Index...

Read More