Mortgage experts have been reassuring homeowners about the prospects of finding a mortgage, as fears over interest rates run high.Over 500,000 borrowers who took out two-year fixed rate mortgages between September and December 2005 will be seeking to remortgage this autumn.Experts are keen to point out that despite the recent Northern Rock panic, there are [...]
The thing is that it's not so much that mortgage companies are looking to make it difficult for new borrowers, as much as new borrowers who may be at higher risk of defaulting. However, I figure 2 years good mortgage payments should certainly put people in good stead.
Mortgage experts reassure borrowers
