interest rate

Alliance & Leicester has increased some of its variable rate tracker mortgages deals it was announced today.

A new system for presenting information about the total cost of loans has been proposed by the Council of Mortgage Lenders as a better way for customers to make comparisons.

Mervyn King, governor of the Bank of England, says legislation and regulation have made the crisis in the banking industry more difficult to deal with.

Cheltenham & Gloucester is to launch a new range of fixed rate mortgages, which are available exclusively for applications submitted via its online portal for intermediaries, Caseflow.

Gross mortgage lending fell between July and August, indicating the problems in credit markets are affecting mortgage lenders, according to the Council of Mortgage Lenders.

Most homeowners would not consider selling their property if house prices were to fall, and some would even consider buying more property, according to a report from the Building Societies Association (BSA).

The gap between interest paid on Euro offshore savings accounts and the European Central Bank's (ECB) base rate is widening, according to Investec Bank.

Abbey has cut rates on a selection of two-year fixed rate mortgage products it was announced today.

Kaupthing Singer & Friedlander (Isle of Man) has increased rates on its Base Rate Tracker and Platinum Offshore Account range of deposit accounts.

House price growth has turned negative in August, with a sharp fall in demand, according to the Royal Institute of Chartered Surveyors (RICS).