The feeling of security afforded by a fixed interest rate is the most popular feature for UK consumers when it comes to choosing a mortgage, a survey by checkmyfile. com has found. The 2006 Mortgage Lender Survey found fixed interest rates, closely followed by the reputation of the lender as the top two attributes most [...]
Posts Tagged ‘Consumers’
Which mortgage features attract consumers to their mortgage lender?
Posted by admin on January 6th, 2010
Glossary of common terms used during the mortgage process.
Posted by admin on December 22nd, 2009
APR – This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calculating APR is set by Government Regulations and therefore enables direct comparison of the [...]
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