Remortgages up 24% as Borrowers Migrate to 5-Year Fixes – Mortgage Strategy
3 Articles
3 Articles
A growing number of homeowners expect to have difficulty paying their housing costs, especially when their fixed-rate period ends and they may have to pay a much higher interest rate. Financial gaps are already often covered with holiday pay.
Remortgages up 24% as 5-year fixes most popular – Mortgage Finance Gazette
Some 24% more remortgages were completed in April and the overall cancellation rate decreased by 3%, according to the latest monthly remortgage snapshot from LMS The report also reveals that 42% of borrowers increased their loan size in April and the average monthly payment increase… The post Remortgages up 24% as 5-year fixes most popular appeared first on Mortgage Finance Gazette.
Remortgages up 24% as borrowers migrate to 5-year fixes – Mortgage Strategy
Some 24% more remortgages were completed in April and the overall cancellation rate decreased by 3%, according to the latest monthly remortgage snapshot from LMS The report also reveals that 42% of borrowers increased their loan size in April and the average monthly payment increase for those who remortgaged was
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