Lenders cut mortgage rates

Several mainstream lenders cut the prices of their mortgage deals last week.

NatWest/RBS, Alliance & Leicester and Abbey all reduced the prices of their two-year fixed rate deals, although high loan-to-value ratios remained.

This may indicate the start of a slow return to stability, and a knock-on effect could be greater ease in securing bad credit mortgages.

This entry was posted on Tuesday, January 27th, 2009 at 2:29 pm and is filed under Bad Credit Mortgages, Lenders. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Lenders cut mortgage rates

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