Tag Archives: range

Hodge extends professional mortgage range eligibility – Mortgage Finance Gazette

Hodge says it has loosened the criteria of its interest-only professional mortgage range, which it offers to those with complex incomes, professional traineeships — or are in self-employment, such as barristers, dentists and doctors.   The lender says it will consider up to six times loan-to-income deals and up to 75% loan-to-value on interest-only products, […]

Mortgage rates drop to the 5% range for first time since September

Prospective buyers at an open house in Florida. Mike Stocker | South Florida Sun Sentinel | Tribune News Service | Getty Images The average rate on the 30-year fixed rate mortgage has fallen to 5.99%, according to Mortgage News Daily. The housing market hasn’t seen the rate with a five handle since a brief blip […]

Rates on the rise across a range of fixes, Moneyfacts finds

The average rate for a two-year fix edged up by a single basis point, to 2.86%, following the Bank’s 25 basis points rise to 0.75% in March. The average rates for three-year fixes lifted by 3 basis points to 2.90%, while 10-year rates rose by 2 basis points to 2.94%. Only five-year fixes were unchanged […]