base rate

Abbey for Intermediaries has announced its tracker and offset mortgage rates will not change despite the Bank of England's recent base rate cut.

The proportion of mortgage borrowers opting for variable rates has risen by almost 50% in the past three months, according to Legal & General.

Members of the rate-setting Monetary Policy Committee (MPC) were split three ways for the second consecutive month before opting to leave the base rate unchanged at 5% in July, MPC minutes reveal.

The Woolwich will cut interest rates on its tracker mortgages, as well as introducing a three-year fixed rate.

Alliance & Leicester will launch a two-year tracker mortgage tomorrow for customers with large deposits.

CHL Mortgages has today added six new fixed rate and tracker products to its range of buy-to-let mortgages.

The Council of Mortgage Lenders (CML) has called on the Bank of England to cut interest rates sooner rather than later.

GMAC-RFC has replaced its non-conforming and buy-to-let discount ranges with BBR (bank base rate) trackers it was announced today.

An expected rate cut by the Bank of England - given fresh impetus by yesterday's quarterly inflation report - could be as high as 0.5% by late Spring, New Star's Simon Ward says.

Interest rates will drop to 5.25% within six months as the economy has hit a turning point, Scottish Widows Investment Partnership says.