tracker

EasyETF has unveiled the iTraxx Europe Main fund, a credit derivative ETF on NYSE Euronext in Paris.

The Taiwan Financial Supervisory Commission (FSC) has approved the first Hong Kong ETF in Taiwan.

New mortgage borrowers should avoid trackers and opt for a fixed rate deal instead, according to Bestinvest.

A succession of base rate cuts failed to encourage homebuyers to take out variable products in the final months of 2008, a Legal & General (L&G) study suggests.

The FSA has told lenders to ensure they exercise the principles of TCF for customers on tracker mortgages.

Cheltenham & Gloucester (C&G) has withdrawn its tracker range after other lenders moved to re-price tracker products.

Fixed rate mortgages have seen their popularity fall significantly since the Bank of England's shock rate cut last month, new research suggests.

Abbey has today cut some of its fixed rate mortgages by up to 0.35%, while holding rates on its tracker products.

Alliance & Leicester says it will withdraw all two-year tracker mortgages from its range by the end of today.

Demand for fixed rate mortgages is on the up despite a surprise interest rate reduction this month and the prospect of further cuts on the horizon.