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The average interest rate for a 90% LTV two-year fixed rate deal has dropped to its lowest level since January 2008, at 5.39%, according to Moneyfacts.

The FSA today handed out the second largest fine for an intermediary to a London-based mortgage for repeated mortgage fraud and deliberately misleading the regulator.

The FSA has fined Essex-based mortgage lender Swift 1st Ltd £630,000 for unfair treatment of some customers facing mortgage arrears.

The FSA is to extend the regulation of sale and rent back (SRB) agreements to all providers, in an effort to clamp down on the "considerable" number of unregulated transactions still taking place.

The CML, Bright Grey and London & Country offer their views

Maximising the opportunities starts with having the right partners

A government-backed scheme to tackle mortgage application fraud will officially launch on 1 September, enabling lenders to check details of borrowers they suspect of fraud through HM Revenue & Customs.

Aldermore, Largermortgageloans and xit2 debate what's needed

The FSA has cancelled the permissions of Cheshire-based mortgage broker Total Independent Mortgages for failing to submit its Retail Mediation Activities Return (RMAR) for 2010.