Broker activity soars in January

According to the firm, there were 744,825 mortgage sources performed last month, just 49,000 fewer than in January 2008. However, the index also suggests the average number of live products available to intermediaries fell 15% to just 3,707 - more than 36,000 fewer products than January 2008. David Aylmer, marketing and business development director at Trigold, says: "Although product numbers are at an all-time low, we have seen the average interest rates payable have fallen across the board, making products are more attractive. "What we can take from this data is that the lower rates...