'Mortgage Mayhem': Deal Lifespans Hit Record Low as Rate Cut Hopes Dim

Mortgage options fall as deals face shorter shelf lives

Mortgage options are diminishing with the best deals remaining on the market for just a matter of days, new data from Moneyfactscompare.co.uk has revealed. The post Mortgage options fall as deals face shorter shelf lives appeared first on what MORTGAGE.

Average mortgage shelf-life drops to record low: Moneyfacts

The average shelf-life of a mortgage has fallen to a record low, product choice has shrunk to a two-year low and fixed mortgage rates rose by notable margins, Moneyfacts reveals. The latest UK mortgage trends treasury report data shows the average shelf-life of a mortgage… The post Average mortgage shelf-life drops to record low: Moneyfacts appeared first on Mortgage Finance Gazette.

'Mortgage mayhem': Deal lifespans hit record low as rate cut hopes dim

Borrowers have been left in a “mortgage maze” after lenders frantically pulled deals due to the unfolding crisis in the Middle East leading to the lowest average shelf-life on record. The average mortgage was on the market for just eight days in March – the lowest since records began in November 2011. This marks a staggering drop from 14 days in February ahead of the conflict breaking out and massively undercuts the previous record of 12 days in…

Mortgage lifespan falls to record low as choice shrinks

Mortgage deal availability shrinks as shelf-life hits record low - Moneyfacts

The average shelf-life of a mortgage deal has fallen to a record low, while product availability has declined and fixed rates have risen.

Mortgage deals pulled at fastest rate on record as product choice shrinks

Mortgage deals pulled at fastest rate on record as product choice shrinks - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.